Blockchain technology and China’s hydrogen industry

Blockchain technology and China’s hydrogen industry

At the 18th group study session of the Political Bureau of the Central Committee of the Communist Party of China in late October 2019, the Chinese President XI Jinping stressed that blockchain technology was essential and a breakthrough for innovations of core technologies and that the development of blockchain technology and industrial innovation should be accelerated.

Although the application of blockchain technology in some industries has started earlier, soon after Xi made this instruction, various industries in China reflected their response, and the Chinese hydrogen industry is no exception.

Back in June 2017, when a hydrogen filling station project in Rugao city of the Jiangsu province was formally started, the Hydrogen Technology Company of the China Energy Investment Corporation had worked with a professional blockchain technology company to jointly develop an intelligent operating system for the hydrogen filling station and a shared platform for the China Hydrogen Alliance – the first ‘Big Data’ platform for the Chinese hydrogen industry. It is said to be a community service chain comprising of government, enterprises, and individuals, providing a distributive management service for the hydrogen data and realising real timing tracking and the management and control of safe operation. It was put online in August.

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