In the latest announcement, China claims to be using blockchain technology to pay wages.
Xiong’an is a major construction locality employing some 160,000 construction staff. It is 27,000 hectres and has 3,800 enterprises already registered.
There is a high speed rail link to the capital (in 50 minutes).
Construction use cases have been seen as good targets for blockchain solutions due to the difficulties in getting payments for subcontractors.
A digital solution enables contracts to be linked into payments. The CBDC implementation takes that a stage further allowing subcontractors to be paid directly in fiat currency. It uses the Blockchain Fund Payment Platform.
Part of the design for Xiong’an in the Hebei Province is to an “intelligent city” focusing on global talent. It is a self-sufficient city by design. This has had major investment.