chine

🇨🇳 China wants its own “blockchain highway” by 2030… while keeping crypto banned. A paradox? Not really.

📌 The facts (October 23, 2026)
• The 2026–2030 national informatization plan (15th Five-Year Plan), published by the Cyberspace Administration of China, sets a goal: a national blockchain network to be “basically completed” by 2030
• The plan: a central network (the “backbone”), connected regional hubs, and a distributed digital identity
• Intended uses: freight and maritime transport, trade, finance, taxes, public services, agriculture, carbon reduction
• No specific budget, no cryptocurrency, no stablecoin mentioned in the text
• The digital yuan (the central bank’s currency) remains part of the plan

🔍 Why does it matter?
Blockchain is first and foremost a shared ledger that no one can change on their own. Beijing keeps the tool (for tracing documents, payments, and goods) without the freedom of public cryptocurrencies like Bitcoin, which anyone can use without permission.

⚖️ A few nuances
• This isn’t new: the network was already included in the national plan in March
• It’s a goal, not a network that’s already up and running
• The ban on crypto activities in mainland China remains unchanged

👤 Koffi (a fictional character) is a freight forwarder in Lomé who receives containers from China. If bills of lading (transport documents) are eventually recorded on this network, his Chinese partners could verify the origin of goods more quickly. For him, nothing changes tomorrow.

💡 Two models are clashing: open blockchain vs. state-run blockchain. China is Africa’s largest trading partner, so this concerns us.

💬 State-run blockchain: progress 👍 or control 👀? 👇

Not financial advice. DYOR.
Sources: CAC (10/23), Xinhua (10/23), CryptoWatchDesk, ChinaTechNews (10/24).

#CryptoNews #Chine #Blockchain #Africa

VERY IMPORTANT INFORMATION 🚨
Typhoon Dolphin strikes Japan and is heading toward China, causing widespread disruption.
Power outages affect 56,000 households and transport services are suspended.
China has closed its ports and suspended ferry lines, with wind gusts reaching 60 m/s and heavy rains expected. 🌪️
Stay tuned for updates 🚨
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🚨 URGENT : 🇨🇳 The Chinese AI start-up DeepSeek is looking for additional funding to reach a valuation of $71 billion, up from $52 billion last month, according to the Financial Times.
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