According to the Planet Daily, the Shanghai Science and Technology Commission issued the "Shanghai Blockchain Key Technology Research Special Action Plan (2023-2025)". The document proposes that by 2025, innovation breakthroughs will be accelerated in basic theories such as blockchain system security, cryptographic algorithms, and blockchain-specific processors, smart contracts, cross-chain, new storage, privacy computing, and supervision.
Form a new generation of open permission chain technology system and standard specifications that can support the development of innovative Web3.0 applications, which are manageable, controllable, and open source, laying the foundation for building a trusted and secure technology base for the digital economy and cultivating a new generation of blockchain innovation ecology with global influence.