The Ether Review #47?'??'"?'?Epic Infrastructure in China
In Brief:Chinese multinational, Wanxiang Group, has purchased over 700 hectares of land on which to build a smart city where it plans to experiment with blockchain based organizational systems.
Wanxiang Group is a Chinese multinational focused primarily on automotive parts manufacturing. Recently Wanxiang has been moving into finance and agriculture. Now, with the establishment of the Wanxiang Blockchain Labs research organization and Fenbushi Capital investment fund, Wanxiang is making big moves into the blockchain space. To add to the intrigue, the group recently purchased 770 hectares of land in the Chinese province of Hangzhou where it plans to build a ?’?œsmart city?’. The goal is to house it?’?s many employees in a setting that makes use of it?’?s technological portfolio.Andy Dan, Project Manager of Wanxiang Blockchain Labs joins to discuss what is quickly becoming the most epic of blockchain stories.
Content: Andy Dan, Arthur Falls
Source: Coin Desk