Xiamen, a significant metropolis in China’s southeastern province Fujian, Friday issued China’s first batch of digital commemorative subway tickets primarily based on Alibaba’s blockchain, AntChain.
Quick details
- The digital ticket bears a likeness to an ornamental metallic badge, and is themed with a mix of Xiamen landmarks, together with the Shimao Strait Tower, the Xiamen Backyard Expo and the Seascape Subway.
- Holders can take the subway as much as eight occasions in a single day, however provided that they pay the fare with Alipay.
- Purchasers will obtain the ticket’s certificates file with its hash worth on AntChain. Nonetheless, the ticket is not going to seem within the holder’s pockets of AntChain’s NFT market as a digital collectible.
- Alibaba has been utilizing blockchain expertise for subway fare settlement in 9 cities within the Yangtze River Delta area, together with Shanghai, Nanjing, and Hangzhou, since 2019, in response to native media studies.
