China has been accelerating the adoption of blockchain since 2019. Photo: Shutterstock
China has been accelerating the adoption of blockchain since 2019. Photo: Shutterstock
Blockchain

Beijing’s blockchain supremacy plan gives shot in arm to start-ups, although dampers remain on bitcoin

  • China’s MIIT and CAC published a plan this week to create an “advanced blockchain industrial system”
  • Blockchain is being used in China in a wide variety of fields, such as smart city and government initiatives

China has been accelerating the adoption of blockchain since 2019. Photo: Shutterstock
China has been accelerating the adoption of blockchain since 2019. Photo: Shutterstock
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