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