Xiamen issues China’s first blockchain-based commemorative subway ticket

Xiamen, a significant metropolis in China’s southeastern province Fujian, Friday issued China’s first batch of digital commemorative subway tickets based mostly on Alibaba’s blockchain, AntChain.

Quick info

• The digital ticket bears a likeness to an ornamental metallic badge,  and is themed with a mixture 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. Nevertheless, the ticket won’t seem within the holder’s pockets of AntChain’s NFT market as a digital collectible.
• Alibaba has been utilizing blockchain know-how for subway fare settlement in 9 cities within the Yangtze River Delta area, together with Shanghai, Nanjing, and Hangzhou, since 2019, in line with native media experiences.