Posted inThe Chain

China puts public resource bidding on blockchain

The city of Kun­ming in China’s Yun­nan province has completed the development and internal testing of the country’s first entirely blockchain-based public resource bidding platform. Public resource bidding is a method utilized by governments to allocate large resources to private and public sector companies that promise to complete a particular project, Cointelegraph reported. Dubbed “Kun­y­il­ian,” the […]

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