Study on the Path and Countermeasures of Blockchain Technology to Promote High-Quality Development of Digital Economy in Guangzhou

Abstract

At present, there are still some bottlenecks in the development of digital industrialization and industrial digitalization of blockchain in Guangzhou, which are mainly manifested as follows: firstly, it is not easy to land the digital business model of blockchain industry; secondly, the digital industrialization of blockchain is limited by the existing infrastructure and technology level. In order to further grasp the status of Guangzhou blockchain in the international and domestic arena, we compare and analyze the development status of the top five blockchain cities, including Guangzhou, Beijing, Shenzhen, Shanghai and Hangzhou, from four perspectives: industrial policy, development scale, talent cultivation and application scenarios; and compare and analyze the typical examples of Guangzhou in China, Hamburg in Germany, Seoul in Korea, New York in the United States, and Melbourne in Australia from three aspects: governmental decision, talent cultivation and education, and application scenarios. The comparison and analysis of typical examples are from Guangzhou, Hamburg, Seoul, New York and Melbourne, in order to obtain the experience and lessons for the future development of blockchain in Guangzhou, on this basis, the development opportunities of blockchain in Guangzhou are carefully analyzed. The following favorable conditions for the development of blockchain in Guangzhou during the 14th Five-Year Plan period are considered: firstly, the support of national strategic policy provides a broad prospect for the development of blockchain in Guangzhou; secondly, the good business environment and strong strength provide quality soil for the blockchain industry; thirdly, the international business capital provides a broad application scenario for the development of blockchain. In view of the above research, this paper proposes the ideas and policy focus for blockchain development in Guangzhou during the 14th Five-Year Plan period.