QuarkChain and China’s Shanxi province will jointly develop an environmental governance platform on blockchain (EGPB). The platform will be used by local administration for construction resource management and trading.
Blockchain firm QuarkChain announced on the partnership with the ecological department of Northeastern Chinese province Shanxi.
#QuarkChain and an ecological department of Chinese province jointly develop an environmental governance platform on blockchain, which aims to provide a system to use heterogeneous sharding to ensure scalability and allows for network customization. $QKC https://t.co/H5vmWADEUo pic.twitter.com/16loPAuK2o — QuarkChain (@Quark_Chain) July 10, 2020
QuarkChain stated that, while limited construction materials are mostly located in a specific area, they are widely distributed too over many places.
This creates the need for a management system that can better supervise the development and use of those resources.
EGPB will be used for tracking resources along their supply chain while the network’s node operators will be responsible for market supervision.
Node operators will include core participants in sand mining, transport, trade and other industry insiders.
Meanwhile, government departments will also play a part in this by sharing information and supervising resource exploitation and transportation.
A Shanxi representative added:
“Currently, QuarkChain’s EGPB solution has already been officially put into some pilot areas. Next step, it will be expanded to more cities and more types of resources.”
EGPB aims to provide a planned system that uses blockchain with sharding to ensure scalability and allows for network customization.
QuarkChain CEO Qi Zhou added:
“The reason why we stood out from many advanced blockchain technology suppliers is firstly due to our solution’s flexibility. QuarkChain’s heterogeneous multi-chain technology, also known as heterogeneous sharding, allows multiple chains on one system, and each chain can be different.”