#国务院提出建设国家区块链网络
A national-level policy document has mentioned blockchain—and this time, it has paired it with a computing power network.
Documents issued by the central government and the State Council propose building a national blockchain network and a nationwide integrated computing power network, as part of the broader push to develop new quality productive forces.
I find this rather interesting.
In the past, when many people heard “blockchain,” their first thoughts were Bitcoin, crypto speculation, and launching dubious meme coins.
But what the country is now looking to promote is blockchain as part of the digital infrastructure, with practical applications in areas such as data circulation, industrial collaboration, supply chains, and trusted record-keeping.
Of course, there’s an important distinction here: government support for blockchain development does not mean opening the door to cryptocurrency trading, let alone directly benefiting every public-chain token.
The domestic approach is more focused on industrial and consortium blockchain systems that meet regulatory requirements.
Still, in the long run, the fact that blockchain is increasingly being incorporated into infrastructure development is worth watching in itself.
In particular, smart contract platforms like $ETH could prompt renewed market discussion around tokenized assets, RWA, settlement, and on-chain finance.
But policy direction and rising token prices are two different things. Ultimately, it will depend on the specific projects, funding, and real-world applications.
The crypto world used to talk endlessly about blockchain changing the world. Now the country is starting to explore how to put blockchain to work in the real world.
As for whether this wave can boost the crypto market, let’s first see whether any projects receive real funding and get off the ground.
Policy documents open up possibilities; it takes capital to make a market rally happen.