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Chinese hospital releases first electronic blockchain bill

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On Monday, a Chinese hospital sent the first electronic bill to a patient on its blockchain-based bill management platform.

Chengmai County People’s Hospital, a public hospital in southern China’s Hainan Province, is the first hospital to issue and track bills on a blockchain in the province, according to a report by Chinese state media China News Service.

Although not the first in China, Hainan is one of the few provinces to have successfully integrated blockchain technology into the online administrative platforms of their public institutions.

The hospital sent bills to so-called ticket holders on its patients’ phones. Patients can check steadfast medical and billing records for reimbursement without going to the hospital, according to the report.

The platform is now only available in the city, but it is set to expand to the rest of the province, with the local government focusing on the application of blockchain technology to processing official documents. for other public institutions.

Based on the pilot projects, we will optimize blockchain-based platforms and move more administrative work up the chain so that government agencies can share information through the same system, said an official from the Ministry of Finance of the province.

The southern province of China has economic policies to encourage blockchain companies to open offices in the province. The provincial capital, Haikou, is home to some of China’s leading blockchain companies, including Huobi China.

Provincial governments have led various blockchain innovation initiatives since Chinese President Xi Jinping called on the country to seize opportunities to develop the technology in his September 2019 speech.

The Beijing government unveiled its holistic plan to encourage financial services companies to better serve financial markets with blockchain technology, while Shanghai has included two blockchain projects in its list of 57 strategically important high-tech companies that will receive monetary and intellectual support from the city.

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