Shenzhen Data Exchange Joins Hands With Ant Group Promote Blockchain And AI

Key Points:

• A promotion meeting of significant exchanges in Shenzhen was held in Hangzhou.
• Shenzhen Data Exchange has signed a framework agreement with Ant Group to develop blockchain and AI.
• The two sides will work together to build a data element market and data transaction to discover the value of data jointly.

On April 20, the promotion meeting of the major exchanges in Shenzhen was held in Hangzhou. At the conference, five trading platforms, including Qianhai United Trade Center, Electronic Components and Integrated Circuits International Trade Center, Shenzhen International Jewelery and Jade Comprehensive Trading Platform, Thanh Technology Achievements Shenzhen Stock Exchange and Intellectual Property Trading Center, and Shenzhen Data Exchange were launched.

On the same day, Shenzhen Data Exchange signed strategic contracts with Ant Technology Group, East China Big Data Trading Center, Alibaba Group, Zhejiang Big Data United Computing Center Co., Ltd., and Zhengzhou Data Trading Center.

Among them, Shenzhen Data Exchange signed a cooperation framework agreement with Ant Group, the two sides will jointly build and share high-value data cooperation channels, conduct particular research on compliance data protection, promote research, and connect technologies such as blockchain, secure computing, and AI collaboration.

According to the report, the cooperation between the two sides will involve many aspects, including joint building and sharing of high-value data cooperation channels, conducting particular research on data compliance, and promoting cooperation in blockchain, secure computing, AI, and other engineering and connectivity research, etc., to help Shenzhen Data Open, stable and efficient platform capabilities have been established creates a model for process-wide data transactions.

At the signing site, Li Hongguang, Chairman of the Shenzhen Data Exchange, said that the establishment of the Shenzhen Data Exchange is a key measure to strengthen the reform of the allocation of data elements according to the market-oriented. It is also an essential practice for Shenzhen to continuously optimize the layout of the digital economy industry and build a global digital pioneer city.

The digital economy industry is one of seven strategic emerging industries in Shenzhen. The reporter found that the added value of the core industries of the digital economy in Shenzhen has exceeded 900 billion yuan, ranking first among the country’s large and medium-sized cities. An essential measure of the digital economy is creating a market system for data elements.

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