Beijing Publishes Blueprint to Build A Blockchain Programmable Government Within Two Years

2020-7-17 16:16

The Beijing Municipal government has released a 145-page blueprint in line with a plan to build a blockchain-programmable government within the next two years. This move will set Beijing to become a leading blockchain hub, a step that might get traction following the new Hong Kong laws that have since exposed entities within its jurisdiction to the risk of sanctions.

Notably, Beijing had already launched ‘the “Beijing Blockchain Innovation Development Action Plan (2020-2022),” as the Chinese capital looks to take center stage in blockchain development.

According to the blueprint, Beijing's move into a blockchain support ecosystem was motivated by the potential of this tech in enhancing collaboration between various agencies in processes such as data sharing. Also, the city is optimistic about reaping the trust benefits of operating on blockchain-built ecosystems based on the aspect of decentralization.

Currently, over 140 government agencies in China use blockchain for information sharing, including epidemic control specialists as the Asian giant recovers from its COVID-19 economic downturn, blockchain tech, and digital currencies seem to be part of the recovery strategy. Just a few months ago, a digital yuan (CBDC) was rolled in efforts to match the digital currency market innovations.

The integration of blockchain within Beijing's current networks will further boost its intention to become a global blockchain hub. Though still at its early development, Beijing's local authorities noted that they would continue to support innovations within the blockchain sector, especially those focused on building a blockchain-based programmable government. Going by this latest development, Beijing seems to be on track in following through an earlier announcement signaling its goal to optimize blockchain tech,

“By 2022, Beijing will become an influential blockchain technology innovation center, application demonstration center, industrial development center, and innovative talent center, taking the lead in forming the ‘Beijing Plan' for blockchain-enabled economic and social development.”

origin »

Two Prime FF1 Token (FF1) на Currencies.ru

$ 2.0281 (-0.01%)
Объем 24H $0
Изменеия 24h: 0.05 %, 7d: -43.21 %
Cегодня L: $2.0281 - H: $2.0281
Капитализация $0 Rank 3741
Цена в час новости $ 3.6172 (-43.93%)

beijing government within build blueprint two years

Источник: bitcoinexchangeguide.com

beijing government → Результатов: 36


China is forging ahead with national crypto project: leaked screenshots

If you’ve been in the Bitcoin market for any period of time, you likely know that China has long been a hub for crypto assets as a whole. Yes, the trading of BTC and other cryptocurrencies is vehemently banned and restricted, but the Beijing government has continued to maintain heavy involvement in the broader space, […] The post China is forging ahead with national crypto project: leaked screenshots appeared first on CryptoSlate.

2020-4-16 03:15


Фото:

China has no idea know when it will launch its digital currency

Despite reports last month that China was readying itself to deploy its own government digital currency, it now seems the country is not so surefooted regarding the asset’s roll out. In a press conference in Beijing yesterday, The People’s Bank of China’s (PBoC) governor Yi Gang said that there is “no timetable” for the launch of its new digital currency, South China Morning Post reports.

2019-9-25 16:30


BFIA Releases Notice, Warns About Risks Of Virtual Currency As Market Warms up

Beijing Internet Finance Industry Association (BFIA) released a notice on June 28 titled, “Risk warnings about continuing to be vigilant in investing in the virtual currency market.” In this notice, the association, not a government department, that is established by dozens of company from the internet finance industry stated that the current scenario of the […]

2019-6-29 00:54


China has a new surveillance tool that identifies citizens by how they walk

Chinese authorities have begun deploying a new surveillance tool designed to identify people by how they walk, or the shapes of their body. Adding to the already staggering number of surveillance cameras — many of which use bleeding edge optics and facial recognition technologies — China is already using the tool on the streets in its two largest cities, Beijing and Shanghai.

2018-11-7 04:07


Chinese Crypto Investors Circumventing Increased Government Regulations

Despite increasing state regulations surrounding the year-long cryptocurrency ban in China, investors are still finding ways to get involved with the market. On August 23rd, the Shanghai Securities Times reported that Chinese authorities are increasing their regulation by preventing investors’ access to 124 non-native exchanges.

2018-9-11 17:48


Фото:

China Escalates Cryptocurrency Ban Blocking 124 Offshore Exchanges

China will shortly block access to over one hundred international cryptocurrency exchanges and other platforms as the government’s crackdown escalates, local news media report August 23. Beijing On Crypto: We’ll Continue To Ban Everything According to the South China Morning Post quoting Chinese language resource Shanghai Securities News, lawmakers will shut down availability of 124 “websites operated by offshore cryptocurrency exchanges that provide trading services to citizens on the mainland.

2018-8-23 19:00


Block secure

Technology giant Tencent is teaming up with the Chinese government to fight blockchain-related security issues. The firm’s vice president, Bin Ma, announced the formation of the China Blockchain Security Alliance during the China Blockchain Security Forum in Beijing on Thursday, according to a report from ChinaNews, a state-owned media outlet. The forum, hosted by the government-backed

2018-6-22 09:55


Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

StarkWare Proposes to Deploy Aave on its ZK-Rollup L2 StarkNet

A new proposal has been submitted to Aave’s governance forum that calls for deploying the DeFi lending protocol to StarkNet, StarkWare’s permissionless and decentralized ZK-Rollup. Yael Doweck, product manager at StarkWare, submitted the proposal to onboard the protocol on behalf of StarkNet creator, much like MakerDAO has on its L2.

Brazil’s Stock Exchange Planning to Offer Crypto Services Next Year

B3, Brazil’s stock exchange, is the latest institution planning to join the cryptocurrency scene next year. The San Pablo-based exchange is exploring digital asset custody and crypto-as-a-service (CaaS) segments, reported InfoMoney, citing a presentation from B3 President Gilson Finkelsztain made last week.