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What are the two pilot units of the National Development and Reform Commission’s blockchain? (Two ministries issued documents to accelerate the application and industrial development of blockchain technology)

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What are the two pilot units of the National Development and Reform Commission\’s

What are the two pilot units of the National Development and Reform Commissions blockchain? (Two ministries issued documents to accelerate the application and industrial development of blockchain technology)

What are the two pilot units of the National Development and Reform Commission’s blockchain? According to Sina Finance, the two pilot units of the National Development and Reform Commission’s blockchain are: the Beijing Municipal Science and Technology Bureau and the Beijing Internet Court.

The National Development and Reform Commission led the implementation of the “Beijing-Tianjin-Hebei Big Data Sharing and Exchange Platform” based on blockchain technology. This is China’s first data collaborative application project that uses blockchain technology for urban data management. On June 30, 2017, the central bank and seven other ministries issued the “Notice on Carrying out Special Rectification of Risks in the Financial Field,” explicitly stating that they will focus on cleaning up and rectifying domestic virtual currency trading venues, ICOs, and illegal fundraising activities, and severely crack down on network criminal activities that are primarily fund-based and use pyramid schemes as a cover.

Two ministries issued documents to accelerate the application and industrial development of blockchain technology

The Ministry of Industry and Information Technology and the Cyberspace Administration of China jointly issued the “Guiding Opinions on Accelerating the Application and Industrial Development of Blockchain Technology” today. The “Guiding Opinions” proposed that by 2025, each province (region, city) in the country will achieve a breakthrough in the scale of the core industry of the digital economy exceeding 100 billion yuan and establish a blockchain public service platform with global influence. Major scientific and technological projects and demonstration projects will be implemented focusing on new-generation information infrastructure such as 5G networks.

In addition, the National Development and Reform Commission issued the “Notice on Organizing and Carrying out the Comprehensive Pilot of National Economic Development and Social Governance in 2019,” requiring all regions and departments to conscientiously implement the decisions and arrangements of the Party Central Committee and the State Council in combination with their actual conditions. Encourage and support colleges and research institutes to strengthen cooperation with industry associations, establish and improve the standard system, and formulate corresponding norms; and increase training efforts for blockchain-related enterprises. (Finance Association)

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