China Orders Creation of National Blockchain Network
China has introduced 19 policy measures to develop a national blockchain network, integrating the technology into manufacturing, banking and data sharing as part of a broader push to connect its digital and real economies.
The guidelines also address data ownership, cross-border data flows and digital infrastructure, with the initiative focused on state-led blockchain applications rather than public cryptocurrencies.
China has introduced 19 policy measures to develop a national blockchain network, integrating the technology into manufacturing, banking and data sharing as part of a broader push to connect its digital and real economies.
The guidelines also address data ownership, cross-border data flows and digital infrastructure, with the initiative focused on state-led blockchain applications rather than public cryptocurrencies.