Transactions of China's first big data exchange was expected to reached 200 million yuan by the end of 2017, the exchange's executive president said Saturday.
The head of China's biggest server manufacturer expects China to embrace data exchange commerce in the next three to five years as the big data industry continues to boom.
To make sure the subsidies are properly distributed instead of being eaten by corrupt officials, the disciplinary commission of Tongzi introduced a data supervising platform last year, which includes details of public policies and subsidies, as well as a monitoring system, a warning system regarding government funds, and a feedback system handling public complaints. The platform gives terminals all villages in the county, like the one in Yang uses.
China's first national engineering lab to develop big data security was established on May 26 at the International Big Data Expo 2017 held in Guiyang, Guizhou province.
A robot in traditional Chinese garb wrote lines of poetry in calligraphy. Kids wore virtual reality glasses to explore Buddhist caves and historical museums. Self-circulating water systems connected to computer generated graphs of flow and pressure..
Truck Alliance, China's online information sharing platform for freight transport, said it will expand its business in the truck services market after securing a second round of financing of up to $156 million - led by Baidu - this month.
Guiyang Big Data Exchange, or GBDE, is expecting robust profit growth in the near future thanks to the growing popularity of data trading, said a senior manager of the company.
