Chinese District Food and Drug Administration to Use Blockchain for Quality Assurance

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The Food and Drug Administration of the Chinese Chongqing Yuzhong District is going to apply blockchain technology to its operations, the official newspaper of the Chinese Communist Party, The People's Daily, reports on Jan. 31. Blockchain will purportedly be applied by the agency to strengthen the supervision of food and drug quality assurance with better traceability of the product life cycle and anti-counterfeiting measures. Deng Ke, the CEO of PrimeNumber Chain Technology Chengdu Co., Ltd -- the company that developed the blockchain which will be used by the system -- said that the system will not only help improve the government's regulatory measures, but will also improve the efficiency of the supervision. The blockchain traceability system will also provide centralized management of traceability information for enterprises and permit queries for information about products. As Cointelegraph recently reported, the Cyberspace Administration of China has introduced new regulations for blockchain firms that are operating in the country.


Taiwan Startups Win Singularity University's First APAC Global Impact Challenge - Fintech Hong Kong

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Singularity University just concluded their very first APAC Global Impact Challenge (GIC), and two Taiwanese startups have emerged as winners. The challenge aimed to discover moonshot innovations and startups that positively impact the lives of people living in the Asia Pacific, specifically with an ability to scale and impact a billion of people in a decade. Participants were tasked with developing Artificial Intelligence (AI) applications to address global issues posing a threat to sustainability. AI solutions could tackle issues ranging from energy, environment, food, water, disaster resilience, governance, and health, among other things. One of its Taiwanese winners is a startup named Vibrasee, which uses deep learning to determine the early onset of Parkinson's disease.


How blockchain can save the food industry millions from recalls

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Top nations like Germany, Singapore and South Korea have adopted AI and robotics into the healthcare sector. Korea is the leading nation for AI adoption followed by Singapore, China and Taiwan according to an ITIF report. Healthcare systems around the world, notably the UK's National Health Service, have already engaged the use of AI health assistant programs to modify the clinical process with the help of applications and programs to give their patients information as well as facilitate meetings with clinicians. An Indian software company Sigtuple, created an AI- based telepathology system that automates their smart microscopes to take pictures and upload on cloud. This allows efficiency among pathologists for their diagnosis.


World 1st Global Medical Blockchain AI Big Data Platform, the Specialist Cross-border Medical Institution XMED Issues XMED chain (XMC) - NASDAQ.com

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HONG KONG, CHINA / ACCESSWIRE / February 1, 2018 / Among the most suitable scenarios for blockchain technology to exert its transformative power, health care is one of the most viewed areas. According to the latest Global Digital Medical Investment and Financing Report 2017 released by StartUp Health, a well-known American digital medical startup accelerator, global digital health care investment reached a new high in 2017. The announcing financing amount reaches as high as 11.5 billion U.S. Dollars. The report quotes from David Sarabia, founder of inRecovery, commenting that these two technologies, artificial intelligence and blockchain, have transformed the health care industry and laid the groundwork for its future. The report predicts that by the end of 2018, the large-scale introduction and application of medical blockchain technology will have been seen.


Kingsoft Corp and Bottos: An "Ai Blockchain" Engine to drive Technological Innovation

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Kingsoft Corp. cloud's computing brand is the world's leading cloud computing service provider and China's Top 3 cloud computing company. Founded in 2012, it has established data centers and operations in Beijing, Shanghai, Chengdu, Guangzhou, Hong Kong and North America. At present, Kingsoft has reached a valuation of 2.373 billion US dollars, becoming the independent cloud service provider in China with the highest market capitalization. Kingsoft cloud products include cloud service solutions for side industries such as games, video, government, healthcare, and finance. Kingsoft has been conducting research and practical applications of artificial intelligence, launching the four layered IaaS, Paas, SaaS industry solutions, which are applicable to various combined AI solutions and services in various industries. In 2018, Kingsoft launched the blockchain ecosystem plan, "Project-X", making full use of the advantages of the cloud to promote the development and application of blockchain technology. Bottos is an infrastructure that focuses on artificial intelligence. It possesses both an underlying public chain designed specifically for data property and a data flow platform for the entire artificial intelligence and its derivatives. A consensus-based, scalable, easy-to-develop, and collaborative one-stop application platform for data, models, computing power and storage of multi layered shared services through data mining and smart contracts.