Wanxiang Blockchain Announces its Blockchain and FinTech Plans in JTC's Punggol Digital District News provided by Share this article Share this article SHANGHAI, July 29, 2021 /PRNewswire/ -- At the inaugural PDD: Connecting Smartness event today, JTC - a government agency under Singapore's Ministry of Trade and Industry, officially announced its partnership with Wanxiang Blockchain, a China-based blockchain technology pioneer, to test-bed new use-cases for emerging technologies like blockchain, IoT, AI, 5G and more at JTC's Punggol Digital District in Singapore. Blockchain is a closely watched technology that is playing an increasingly vital role in developing a vibrant digital economy and, eventually, building a well-functioning smart city. For instance, the use of blockchain technology will help with thorough and effective 3D city planning, enabling a forward-looking digital city by integrating the physical world, data and communication infrastructure in a holistic and evolving urban planning canvas.