Wanxiang Appoints Computing Network, PlatON to Power China’s Largest Blockchain Smart City

Completed by 2025, Wanxiang’s Innova City received a $29 billion USD investment   Shanghai, China – Wanxiang, the biggest automotive component manufacturer in China, has partnered with PlatON, the pioneering global privacy-preserving computing network, to co-develop the data infrastructure for China’s largest smart city project in Hangzhou, slated for completion by 2025. Wanxiang has pledged to invest $29 billion over the course of the next decade to support the technological and infrastructural development in what is envisaged to become China’s largest, most interconnected, blockchain-powered smart city. PlatON’s blockchain-based network, selected…

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