Huobi CEO Calls Chinese Govt.

Hubery Yuan Yuming Reaches Out to Chinese Govt. for Blockchain Support

Hubery Yuan Yuming, the CEO of Huobi China, has reached out to the Government of China saying that if the government and the industry join forces, then this partnership can have a positive impact for everyone in the 21st century.

The China CEO, in a speech to 60 academics, industry representatives and party officials at Hainan University, spoke on the significance of positive cohesion among the governments, regulators, and blockchain industry.

He said –

“The public sector, project teams, and blockchain companies like ours all have important roles to play in advancing the spread of blockchain technology into people’s lives.”

Yuming went on praising the considerable ongoing effort by the People’s Republic for adopting blockchain technology, outlining the efforts of the local Hainan government –

“The Hainan government is providing a strong environment for the development of blockchain and the application of technologies.”

As indicated by Yahoo Finance, other special attendees at the event were Sun Yi, who is the Director of the Blockchain Laboratory of the Chinese Academy of Sciences’ Institute of Computing Technology; and Yang Dawei, the Deputy Director of the Office of Hainan Provincial Cyberspace Affairs. Liu Erwu, Chairman of the IEEE Shanghai Blockchain Group and Preparatory Group Chair of IEEE Blockchain China, Professor of Tongji University, and Fellow of the Institute of Engineering and Technology, was also in attendance.

The government of China seems to have taken a liking of blockchain technology and a range of government projects, and other organisations in China have commenced using it. There have been several reports of a blockchain village and a few specific industries experimenting with blockchain, like the subway and the port in Shenzhen.

So, let’s hope, much like Huobi China and CEO Yuming, that this enthusiasm and passion continue for all concerned. The future is bright with Blockchain.