TITLE:
Study on the Path and Countermeasures of Blockchain Technology to Promote High-Quality Development of Digital Economy in Guangzhou
AUTHORS:
Qing Guo, Wenlan You, Keying Hu, Yiyi Chen, Ziyu He
KEYWORDS:
Blockchain in Guangzhou City, Development Status, Domestic and International Comparison, Favorable Conditions, Countermeasure Suggestions, Firm Power
JOURNAL NAME:
Open Journal of Business and Management,
Vol.10 No.6,
November
21,
2022
ABSTRACT: At present, there
are still some bottlenecks in the development of digital industrialization and industrial digitalization of blockchain in Guangzhou, which are mainly manifested as follows: firstly, it
is not easy to land the digital business model of blockchain industry;
secondly, the digital industrialization of blockchain is limited by the
existing infrastructure and technology level. In order to further grasp the
status of Guangzhou blockchain in the international and domestic arena,
we compare and analyze the development status of the top five blockchain
cities, including Guangzhou, Beijing, Shenzhen, Shanghai and Hangzhou, from
four perspectives: industrial policy, development
scale, talent cultivation and application scenarios; and compare and
analyze the typical examples of Guangzhou in China, Hamburg in Germany, Seoul in Korea, New York in the United
States, and Melbourne in Australia from three aspects: governmental
decision, talent cultivation and education,
and application scenarios. The comparison and analysis of typical examples are from Guangzhou, Hamburg, Seoul, New York and Melbourne, in order to obtain the experience and lessons for the future development
of blockchain in Guangzhou, on this basis, the
development opportunities of blockchain in Guangzhou are carefully analyzed.
The following favorable conditions for the development of blockchain in
Guangzhou during the 14th Five-Year Plan period are considered: firstly, the
support of national strategic policy
provides a broad prospect for the development of blockchain in Guangzhou;
secondly, the good business environment and strong strength provide quality soil for the blockchain industry; thirdly,
the international business capital provides a broad application scenario
for the development of blockchain. In view of the above research, this paper
proposes the ideas and policy focus for blockchain development in Guangzhou
during the 14th Five-Year Plan period.