Another Strategic Cooperation, Vonechain Technology's Ten Billion Data Center Project will Settle in Guizhou
On 26th May, China International Big Data Industry Expo 2021 was held in Guiyang. Being as a large-scale international exchange activity in big data industry during the post pandemic era, this year’s expo highlighted on “internationalization, specialization, high-end, industrialization, sustainability” with the theme of “Data Creates Value, Innovation Drives Future”, hoping to have discussion about big data frontier theoretical technology and embrace changes in inheritance and innovation in order to facilitate series of partnership agreement signing between all levels of government, social organizations and related enterprises.
Blockchain technology is an important component and driving force in digital economy. As the innovator of blockchain industry, with this year’s expo theme “Link with Guiyang, Data Connects the World”, Vonechain Technology introduced the core products of company, namely VoneTracer blockchain tracing platform, VoneDAO blockchain autonomous organizational platform and VoneCredit cloud credit supply chain finance platform in the expo. Furthermore, Vonechain Technology also officially issued the latest product, VoneMall commodity coding platform during the press conference of expo!
Vonechain Technology Booth: Hall E1 D02
Vonechain Technology’s Big Data Strategy Strives to Move Forward
As one of the important events in this year’s expo, introduction of digital economy merchant invitation and project signing ceremony for expo 2021 was held on 26th May evening in Guiyang. Guizhou, the main organizer of expo had signed 144 projects with total contract investment amount of RMB 56.561 billion which will cover big data integration industry, big data electronic information industry and so on. The vice governor of Guizhou provincial people’s government, Mr. Cai Chaolin, vice chairman of provincial committee of the Chinese People’s Political Consultative Conference, vice secretary of Guiyang municipal party committee and mayor, Mr. Chen Yan had attended the meeting. During the speech, Mr. Cai Chaolin stated that he hoped to cooperate with all entrepreneurs in terms of big data in order to further enhance development momentum and facilitate high-quality economic development in great effort.
Being included as one of the ten billion projects in this year’s merchant invitation and signing event, Vonechain Technology CEO, Mr. Liu Tao was invited to attend the signing ceremony. During the ceremony, strategic investment contract of Gui’an Inclusive Cloud Computing Power Data Center project was officially signed between Vonechain Technology and management committee of Gui’an New District. By relying on the excellent position and resources condition of Gui’an New District, both parties will cooperate in exploring suitable data industry and “new infrastructure” of digital economic development, facilitating establishment of high-quality data center and new cooperation model between government and enterprise in order to further empower digital economic development via technology.
Signing Ceremony
Data center can be seen as the basic infrastructure of key information, central nervous system of economic society operation and top priority of network security.
As a rapidly developed national advanced technology enterprise, Vonechain Technology always examines the path of industrial development, integrates industrial resources actively and deploys data center by combining own technical skills and advantages in operations. Through discovering potential of data resources element in depth, promoting deep combination between digital technologies such as cloud computing, big data, IoT, AI, blockchain and real economy, governance, livelihood services comprehensively, supporting development of new industry, new format and new mode via data, basic stepping stone in serving global clients is built in order to establish a general and convenient digital society with relentless effort.
Both parties are signing strategic investment contract
Since signing the Dingbian Big Data Center project which worth RMB 4 billion with Dingbian district government on 12th May, Vonechain Technology had signed another new project, the Gui’an Inclusive Cloud Computing Power Data Center which worth ten billion of total investment amount with management committee of Gui’an during the expo after half a month. This has highlighted how Vonechain Technology strives to build up big data center in high coverage, big amount and large-minded way, and how the company possesses great determination and outstanding action in developing big data industrial ecology.
Via naturally gifted geographical and weather conditions, cheap and stable electrical resources and full support from government policy, Guizhou has attracted many world class big data and high-tech enterprises to settle in Guizhou. So far, there are 23 key data centers that have already operated or under construction in Guizhou. Among them, 11 giant data centers and the second largest number of green data centers in China have established, thus this has made Guizhou becoming one of the places with the most concentrated giant data centers in the world.
We believe that, relying on a complete big data ecology industrial chain in Guizhou province, Vonechain Technology’s Inclusive Cloud Computing Power Data Center will promote more digital upgrade in industry and enterprise. At the same time, settlement of Vonechain Technology Data Center will also help to speed up digitization process in Guizhou.
Policy Driven, Data Industry Develops New Blue Ocean
As one of the most active, potential countries with the best environment in developing global data element market, China is highly emphasizing on data industrial development recently.
On 26th of May, during the opening ceremony of China International Big Data Industry Expo 2021, Mr. Shen Zhulin, the director of innovation and high-tech development department of China National Development and Reform Commission announced the official launching of national hub node construction of integrated computing power network in nationwide.
Moreover, in order to further strengthen the overall deployment of integrated big data center in nationwide and speed up the establishment of national computing power network infrastructure, National Development and Reform Commission, Cyberspace Administration of China (CAC), Ministry of Industry and Information Technology (MIIT), National Energy Administration had issued the “National Integrated Big Data Center Collaborative Innovation System Computing Power Hub Implementation Plan” recently. This plan has clearly proposed the deployment of national hub node throughout 8 regions in China, initiates the implementation of “East Digital, West Computing” plan, establishes national computing power network system, facilitates integration of related sector bundles, plans, deploys and sets up a batch of national hub node in nationwide in order to promote green and high-quality development of data center and accelerate the establishment of national integrated big data center computing power hub system.
Nowadays, as digital transformation and upgrade in various industries have sped up, we have entered into a real big data era whereby data is becoming a resource that carries the same value as land, petroleum and gold. This happens especially when new technology such as 5G has been widely applied, because total quantity of all social data will increase tremendously, as well as the requirements of data resources storage, calculation and application. Therefore, facilitation of reasonable deployment, supply-demand balance, green intensification and interconnection in data center, and establishment of new computing power network system such as data center, cloud computing and big data integration are desperately needed to improve circulation and application of data element so that green and high-quality development of data center is achieved.
Under the encouragement of related policy, data element market in China experiences burgeoning growth in which phases such as data collection, data cleaning, data tagging and data transaction are developing rapidly. For the past 6 years, total quantity of global data had made an explosive growth, average growth rate of data in China has sped up more than 30% per annum, whereas number of data centers increased from 1.24 million in year 2015 to 5 million in year 2020. With booming development of new technology, new industry and new format, deep integration between digital technology and real economy and also great improvement in people’s convenience via digitization, China has become one of the most active and potential countries that can provide the best environment for global big data application.
International research agency, Gartner predicts that, market scale of global cloud computing data will reach 270 billion US Dollars in year 2022, while market growth is estimated to maintain at around 20% in the next few years. By then, growth rate of cloud market data in China will be higher than the whole world. Data industry is entering a new round of outbreak where blue ocean market will be produced.
Conclusion
The outline of “14th Five-Year” Plan and Long-Range Objectives of year 2035 has emphasized on “welcoming digital era” and proposed the phrase “stimulate potential of data element, facilitate establishment of cyberpower, speed up on building digital economy, digital society and digital government”.
Vonechain Technology observes the industry trend in depth, plans strategies on data industrial chain actively, highlights the establishment of data platform basic infrastructure such as cloud, network, terminal, tube, strives to occupy high ground in data industrial chain and facilitates better combination between data element and industrial development. This is to achieve bilateral empowerment on blockchain + data, coupling resonance and mutual integration and promotion, while continuously facilitate digital transformation of industry and make proper contribution in establishing digital economy society together with industry partners.