This year’s Global Data Ecosystem Conference, held in Pudong New Area, Shanghai, ended positively. The two-day technical conference was particularly special as it focused on popular blockchain technology, related applications and other emerging innovations.
More than 30 events took place at the conference, covering various topics including blockchain technology, international data cooperation, data and its value for industries, and an initiative to connect data service providers . Shanghai was the ideal host for the global conference, which organizers say could lead to the exploration of new data and blockchain technologies.
Global Data Ecosystem Conference highlights digital economy
This year’s Global Data Ecosystem conference is the fourth in the series organized by Yicai. The Shanghai Data Service Providers Association and Shanghai Data Group co-organized the conference, with additional assistance from the Shanghai Data Bureau and Pudong District.
China established the National Data Group Alliance to promote cooperation among data companies from various provinces and cities at the 2024 Global Data Ecosystem Conference in Shanghai. #GDEC2024 pic.twitter.com/zRNw2Wt3vL
– Yicai 第一财经 (@yicaichina) October 21, 2024
The conference highlighted developments in the digital economy and served as a platform for data providers to connect and build relationships. To foster collaboration in data and the digital economy, the National Data Group Alliance was also launched. It is the first “rights organization” for data companies in China that aims to build community and promote the growth of the sector.
Total crypto market cap at $2.31 trillion on the daily chart: TradingView.com
Data and blockchain technology companies to strengthen international cooperation
In addition to data and blockchain topics, the conference highlights the growing partnership between data and technology organizations. Participants, including the International Data Spaces Association, the Hong Kong Chamber of Data and Digital Commerce and SG Tech, formed a year-round collaboration and exchange mechanism. The collaboration between these organizations aims to support local merchants while helping them expand internationally.
Image: Tech in Asia
During the discussions, participants agreed that Shanghai could continue to support the sharing and opening of public data, build data centers and promote an excellent digital business environment.
In the future, Shanghai will further promote the sharing and opening of public data, innovate the development and use of public data, create an excellent ecological environment for digital enterprises, and promote the construction of international data centers. Last year, the city’s digital economy exceeded CNY 600 billion (USD 84.5 billion).
Shanghai, the ideal host to explore advanced technologies
Shanghai’s Pudong New Area is the ideal hub for initiatives to promote new technologies and innovation, such as blockchain. According to Shen Zhulin, deputy director of the National Data Administration, Shanghai can be a pioneer in the newest technological field. Shen adds that it is one of the key regions selected to launch tests aimed at reducing transaction costs and data circulation while promoting compliant, secure and orderly data flow.
Featured image from Euronews, chart from TradingView
