"ShuXinChain: Data-Driven Progress, Building a More Comfortable Ecosystem": Sichuan's Data Element Circulation Platform "Tianfu Data Network" Officially Launched

"ShuXinChain: Data-Driven Progress, Building a More Comfortable Ecosystem": Sichuan's Data Element Circulation Platform "Tianfu Data Network" Officially LaunchedRecently, the "ShuXinChain: Data-Driven Progress, Building a More Comfortable Ecosystem" offline salon, jointly organized by the Sichuan Blockchain Industry Association, Open Islands Open Source Community, FISCO Financial Blockchain Consortium, and WeBank, was held in Chengdu. This event brought together numerous industry experts and business representatives to discuss the crucial role of data elements in the digital economy, and explore how to leverage cutting-edge technologies like blockchain and privacy computing to drive the digital transformation of industries

"ShuXinChain: Data-Driven Progress, Building a More Comfortable Ecosystem": Sichuan's Data Element Circulation Platform "Tianfu Data Network" Officially Launched

Recently, the "ShuXinChain: Data-Driven Progress, Building a More Comfortable Ecosystem" offline salon, jointly organized by the Sichuan Blockchain Industry Association, Open Islands Open Source Community, FISCO Financial Blockchain Consortium, and WeBank, was held in Chengdu. This event brought together numerous industry experts and business representatives to discuss the crucial role of data elements in the digital economy, and explore how to leverage cutting-edge technologies like blockchain and privacy computing to drive the digital transformation of industries. During the event, representatives from the Sichuan Blockchain Industry Association, Open Islands Open Source Community, and FISCO Financial Blockchain Consortium announced their partnership in data element collaboration, jointly building "Tianfu Data Network." WeBank's privacy computing solution WeDPR was introduced to provide distributed data collaboration platform technology support for "Tianfu Data Network," while the Open Islands data trading platform was incorporated to expand the data circulation scope of "Tianfu Data Network".

Li Wei, Vice President of the Sichuan Blockchain Industry Association and Deputy General Manager of Sichuan Tourism Investment & Digital Industry Company, stated that data element infrastructure, represented by "ShuXinChain," is rapidly gaining traction, continuously infusing Sichuan's digital economy with innovation and vitality. Currently, ShuXinChain successfully deploys 32 nodes and forms 9 alliances, playing a vital supporting role in industrial collaboration across diverse fields such as copyright, tourism, justice, healthcare, agriculture, and finance.

At the launch ceremony for the "Tianfu Data Network" ecosystem collaboration, the Sichuan Blockchain Industry Association, FISCO Financial Blockchain Consortium, and Open Islands Open Source Community jointly unveiled their data element cooperation plan. "Tianfu Data Network," initiated by the Sichuan Blockchain Industry Association and jointly developed by various ecosystem participants, is a regional data element circulation platform covering the entire life cycle of data element circulation. It offers three key services to the industry ecosystem: data registration and certification, privacy computing, and circulation trading. The three parties aim to jointly establish a distributed data collaboration network rooted in Sichuan and extending nationwide, fostering a vibrant data application ecosystem in key sectors, leveraging data value, and propelling digital economic growth.

This salon, focused on the theme of "data element circulation," featured keynote speeches and roundtable discussions by industry experts, sharing their research findings and practical experiences in the field of data element circulation. The experts unanimously agreed that data element circulation is a pivotal link in digital economic development and a key pathway to realizing data value. Blockchain and privacy computing technologies can effectively address data security, privacy protection, and data circulation issues, promoting the rational circulation and value release of data elements.

At the event, attendees engaged in in-depth discussions on the future direction of data element circulation. Experts expressed that future data element circulation will evolve toward greater openness, security, and efficiency, achieving breakthroughs in several areas:

• Continuous Upgrading of Data Security Protection Technology: With heightened awareness of data security and privacy protection, data security protection technologies will be continuously upgraded, encompassing stronger encryption techniques and more comprehensive data security management systems.

• Enhanced Data Circulation Efficiency: The application of blockchain and privacy computing technologies will effectively boost data circulation efficiency, reduce data circulation costs, and foster the growth of the data element market.

• Expanding Data Element Application Scenarios: Data element circulation will drive the application of data in more domains, such as smart cities, precision medicine, and intelligent manufacturing, bringing greater benefits to societal development.

The successful conclusion of this "ShuXinChain: Data-Driven Progress, Building a More Comfortable Ecosystem" offline salon marks the official launch of Sichuan's data element circulation platform "Tianfu Data Network," taking a firm step forward in promoting data element circulation. Moving forward, Sichuan will continue to drive the development of data element circulation, construct a comprehensive data element circulation ecosystem, provide strong support for digital economic growth, and contribute to the high-quality development of Sichuan's economy and society.