In early March of 2018, delegates convened once again for the Chinese government’s Two Sessions program. This annual political ritual consists of two meetings: the National People’s Congress (NPC) and the National Committee of the Chinese People’s Political Consultative Conference (CPPCC). While the NPC discusses the year’s agenda and passes legislation, the CPPCC includes notable businesspeople and celebrities to act as a kind of advisory board to the politicians. In 2018, the CPPCC featured many more tech entrepreneurs than in the previous years, and all gave interviews on the subject of blockchain technology. These meetings are scripted and choreographed to be politically correct. The reporter known simply as Amon, who writes for tech media site PingWest, takes this opportunity to compare what China’s big tech firms tell the press with their actual undertakings in blockchain. He encourages readers to look past official proclamations and arrive at conclusions based on a review of people’s actions. getAbstract recommends this article to readers interested in blockchain technology and its current developments and applications in China.
In this summary, you will learn
- What attitudes the leaders of Baidu, Alibaba and Tencent (BAT) have toward blockchain technology;
- How the BAT firms have used blockchain technology in their businesses; and
- What blockchain projects are underway in each of these companies.
About the Author
Amon is a contributor to tech media site PingWest. He writes about technology, media and telecom as well as about the entertainment sector.