China’s Guangdong Province Aims to Lead in Quality and Innovation by Embracing Blockchain and AI Technologies

In a recent move, the Guangdong Provincial Party Committee and Provincial Government have issued the “Outline for Building Guangdong Province as a Strong Quality-driven Province,” outlining their vision to enhance the leading role of industrial clusters in terms of quality. With a focus on advanced technology applications, quality innovation, and upgrading quality infrastructure, the province aims to cultivate and develop a series of strategically significant industrial clusters. Additionally, the authorities aim to strengthen the industrial-technological advantages in areas such as 5G and ultra-high-definition displays while supporting frontier fields like artificial intelligence (AI) and blockchain, quantum information, life and health, and biological breeding to bolster research and development efforts. Furthermore, they aim to support the efforts in quantum communication, information photonics, terahertz, new materials, life, and health, and strive to seize the high ground for future development in these sectors.

One of the key objectives set forth by Guangdong Province is to strengthen the foundation of industrial quality. To achieve this, the province will initiate a quality improvement campaign, focusing on strategic industrial clusters and enhancing the quality of key industries. Simultaneously, there will be an accelerated construction of platforms for common industrial technology research and development, along with a focus on strengthening the development of basic components, materials, processes, and industrial technology foundations. By deeply integrating into the global industrial chain, the province aims to elevate the advanced nature of its industrial foundation and modernize the industrial chain.

Guangdong Province’s emphasis on cutting-edge technologies such as blockchain and AI demonstrates its commitment to driving innovation and staying at the forefront of industrial development. By harnessing the potential of these technologies, Guangdong Province aims to enhance its competitiveness on a national and global scale, thereby creating a robust foundation for sustained economic growth.

As the province sets its sights on becoming a quality-driven province, the integration of blockchain and AI technologies is expected to play a pivotal role in revolutionizing various industries. These technologies have the potential to optimize supply chain management, enhance data security, streamline processes, and enable more efficient decision-making. Moreover, by embracing AI and blockchain, Guangdong Province intends to create an environment that nurtures research and development, fosters innovation, and attracts investment, ultimately positioning itself as a leader in the era of digital transformation.

With the implementation of the outlined strategies, Guangdong Province is poised to transform its industrial landscape, leading the charge in quality-driven development and cementing its reputation as a hub for technological advancements. 

Just yesterday, Shanghai announced its ambitious “Three-Year Action Plan for Promoting High-Quality Development of Manufacturing (2023-2025), which highlights Blockchain as well.


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Helium and Dish Network Collaborate to Expand its Blockchain-based Distributed 5G Platform

The decentralized peer-to-peer (P2P) 5G wireless network Helium announced on Tuesday, October 26, a new partnership with Dish Network.

DISH has become the first telecom operator in the telecom industry to join the Helium 5G network ecosystem. This cooperation will expand the Helium node and deploy their own Helium 5G CBRS-based hotspots with dish customers while receiving HNT token rewards.

Helium network, founded in 2013, is the world’s first peer-to-peer LoRaWAN wireless IoT network, also known as “The People’s Network”.

Frank Mong, Chief Operating Officer of Helium, commented on the collaboration:

“Dish understands the potential blockchain can have on the wireless industry, and as the first major carrier to join The People’s Network, this partnership is real validation that the HNT incentive model is a powerful tool for deploying infrastructure at scale.”

Earlier, Helium 5G was approved by the community to provide connections for high-bandwidth devices such as mobile phones. FreedomFi predicts that Helium 5G can span more than 40,000 small cells by the end of 2022, making it larger than many small cell networks to date.

More and more network providers and operators or IoT companies, including Volvo and Cisco, hope to expand 5G roaming services for their customers on the Helium network.

The HNT token surged 42.2% to a daily high of $23.50 on October 26. According to Coinmarketcap, the HNT token was up 13.26% in the past 24 hours, At the time of writing, HNT was trading at $24.56.

As reported by Blockchain.News on August 11, The Helium Network, supported by Andreessen Horowitz, raised $111 million through the sale of its native token (HNT).

Image source: Shutterstock


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Helium Network Raises $111M through Token HNT Sale, Hitting a Three-month High

The Helium network, supported by Andreessen Horowitz, raised $111 million through the sale of its native token (HNT). HNT token rose by 25.78% within 24 hours, and the price hit a three-month high.

The decentralized peer-to-peer (P2P) 5G wireless network received a total of $111 million in financing from venture capital giants such as Andreessen Horowitz, Ribbit Capital, mobile operators’ eSIM service provider 10T, Multicoin Capital, and Alameda Research, according to Bloomberg report.

The funds raised this time will be used to accelerate the launch of Helium’s 5G network that provides Internet access and expand the use of mobile network operators and mobile virtual network operators. 

Ali Yahya, the general partner of Andreessen Horowitz, stated that the Helium network expands its unlimited coverage by rewarding wireless devices powered by the Helium blockchain that can mine its network token HNT——This move will “challenge centralized incumbents” and will also become a strong rival in the current telecom market.

Ali Yahya added that:

“Helium is transforming the way we connect to and scale wireless networks globally.”

After the news was released, the price of HNT surged from a low of $14.03 to an intraday high of $18.14. At the time of writing, HNT was trading at $18.10.

Helium network, founded in 2013, is the world’s first peer-to-peer LoRaWAN wireless IoT network, also known as “The People’s Network”. 

Helium’s expanding hotspot network, as of August 10, the network has 119,036 nodes running on the Helium network, most of which are concentrated in the United States, Europe, and China. The addition of large organizations such as Andreessen Horowitz also confirms the future development of the network in the future.

As reported by Blockchain.News on July 21, the well-known NFT trading platform giant OpenSea announced the completion of a $100 million Series B financing led by venture capital firm Andreessen Horowitz (a16z) and officially joined the crypto unicorn track.

Image source: Shutterstock


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The Roaring 2020s: A Booming Decade May Follow Covid-19

Will a boom follow Covid-19? A century ago the 1920s saw creative energies explode after the tragedies of the Spanish Flu and World War I. In big cities such as New York, London, Shanghai, Sydney and Tokyo, economic growth was palpable. New technologies such as cars and radios became common. So did a risk-on optimism. I think the 2020s will similarly roar. Here are four reasons (with caveats at the end):

1. Accelerated digital productivity

Back in 2017, Diane Greene, then the Google Cloud CEO, told a Forbes audience that the rate of digital technology progress was accelerating rapidly. She guessed a rate “two to three times faster” than Moore’s Law. Of course, digital technology progress by itself does not guarantee productivity. New business and organizational models are always needed to harness that progress. 

Covid-19 did that for us; the pandemic forced rapid business change. Microsoft CEO Satya Nadella has said that five years of digital transformation had taken place in six months. Covid-19 forced companies to become smarter, faster, nimbler. The alternative was failure. No company can revert to slower, dumber and stuck. From a business perspective, the 2020s will be the Agile Decade. 

2. Scalable AI

There’s now a convergence of digital technologies—cheap cloud computing, ubiquitous mobile computing (billions of sensors and phones) and faster communications such as 5G—simultaneously reaching maturity. Enter AI—the 2020s will be the decade of enterprise AI. 

One more step is needed. Previously, deploying AI always meant hard, labor-intensive, expensive work. But what if AI was easy to deploy and use? What if anyone who can use a spreadsheet could also predict supply chain risks in India or maintenance costs for an Indonesian trucking fleet? That is happening. To adopt Apple’s famous 1980s slogan “a computer for the rest of us,” AI for the rest of us will shape the 2020s. 

3. Capital surplus

The world is awash in capital, making it historically easy for entrepreneurs to get funds for innovative startups. While there’s plenty of hype around cryptocurrencies, meme stocks and SPACs, make no mistake. Global capital knows well that digital technology acceleration and AI are game-changers. These will disrupt business models and markets, and power enormous fortunes. 

4. Physical world revolutions

Digital technologies, as noted by Greene, are evolving fast. But in the physical realm, progress is always slower—limited by physics and other forces. Yet here, too, progress is accelerating. Drone cameras raise agricultural yields. Autonomous trucks don’t need to take rest breaks. Gene sequencing plus AI will create personalized medical treatments. 

Take German startup Lilium. It proposes to bring air travel to the masses with an electric-powered aircraft that can take off vertically yet fly like a plane. Using composite materials and AI, it is designed for autonomous piloting, though a real pilot will be used for now. Unlike most aviation startups, Lilium has has plenty of capital. It represents the post-Covid-19 spirit. 


The Roaring 1920s had not one, but two awful stock crashes and depressions. The one many people forget occurred in 1921; it almost derailed the decade. Also prosperity was very uneven in the 1920s. Cities boomed. Rural areas much less. Don’t expect the 2020s to be all good news. But it will be thrilling.


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