China: Beijing Government Issues Blockchain Development Plan


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By JD Alois The Beijing Municipal People’s Government has posted Beijing’s Blockchain Innovation Development plan outlining its intent to “accelerate the development of blockchain technology and industrial innovation.” [translated] The goal is to promote blockchain and accelerate its growth in its utilization across various sectors of the economy. Chinese Premier Xi Jinping announced that blockchain was of strategic importance some time ago. The document includes a series of key tasks outlining the direction of the initiative including with a 20 point plan: Strengthen basic research of blockchain and key core technology research. Build the underlying open source technology platform and...