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China Targets 2030 to Complete National Blockchain Network
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China Targets 2030 to Complete National Blockchain Network

Key Highlights China has positioned blockchain as a national priority technology alongside AI, 6G, integrated circuits, and display technologies. Authorities aim to create national standards for blockchain and promote them globally while building a unified network to connect the real and digital economies. Despite an ongoing opposition to cryptocurrencies, institutions like the People’s Bank of ...

China Aims to Complete National Blockchain Network by 2030
Coins•

China Aims to Complete National Blockchain Network by 2030

Key Highlights: China is advancing plans to establish a national blockchain network paired with an integrated computing power grid by 2030. The initiative, outlined by the Communist Party Central Committee and the State Council, aims to bolster technological self-reliance, artificial intelligence, and manufacturing digitalization. Despite the state-level backing of blockchain infrastructure, China maintains its strict ...