China plans to accelerate blockchain development and adoption in push to become a world leader in the technology by 2025

//China plans to accelerate blockchain development and adoption in push to become a world leader in the technology by 2025

China plans to accelerate blockchain development and adoption in push to become a world leader in the technology by 2025

China’s government is doubling down on its embrace of distributed databases with the establishment of an “advanced blockchain industrial system”, as the country looks to incorporate the technology into its economic and development plans.The country plans to establish industrial standards, tax incentives and intellectual property protections to support the blockchain industry, for which it wants to become a world leader by 2025, according to a document released on Monday by the Ministry of…

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By | 2021-06-08T16:00:08+00:00 June 8th, 2021|Business|Comments Off on China plans to accelerate blockchain development and adoption in push to become a world leader in the technology by 2025