China Establishes Blockchain Testing Zones

Yusra3

VIP Contributor
Sixteen Chinese administrative bodies together declared Sunday a rundown of public blockchain pilot zones "to additional complete the inventive use of blockchain" innovation.The 16 administrative bodies incorporate the People's Bank of China (PBOC), the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission.

The rundown has 15 pilot zones, remembering regions for Beijing and Shanghai, as well as Guangzhou and Chengdu in the southern Guangdong and Sichuan areas individually. It additionally names 164 elements, including emergency clinics, colleges, and organizations that have been chosen for blockchain pilot projects. Among the organizations picked are SAIC-GM-Wuling Automobile Co., China National Offshore Oil Corp, Beijing Gas Group Co., and Industrial and Commercial Bank of China Ltd.Ventures will be completed in different fields, for example, fabricating, energy, government and assessment administrations, law, training, wellbeing, exchange and money, and cross-line finance, the declaration subtleties.
 

minenovo

Active member
This is obviously related to their CBDC program. I wonder when they will actually launch their CBDC, it's been in the works forever, it seems.
 
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