China goes full-throttle on blockchain development. Pilot use cases include cross-border finance, energy, government data sharing and services and more...
The Cyberspace Administration of China announced the commencement of an in-house effort to expedite blockchain development and innovation across 15 zones and 164 entities.
The CAC, along with other government agencies, directed the regulatory authorities to “promote the intensive and balanced layout of blockchain technology infrastructure in the region, form a large-scale production-level cross-chain data exchange support capability, and promote the formation of a multi-party collaborative blockchain industry ecology.
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