### China has taken another significant step towards its goal of becoming a global leader in blockchain technology with the inauguration of the National Blockchain Research Center. The center aims to train 500,000 industry professionals in blockchain, further bolstering the country's drive for industrial blockchain development.

While China has previously banned cryptocurrencies, it has recognized the transformative potential of blockchain technology and has been actively promoting its usage across various industries. The establishment of the National Blockchain Research Center signifies the government's commitment to harnessing blockchain's power while isolating it from cryptocurrencies.



Supported by the Ministry of Science and Technology, the new research center, located in Beijing, seeks to foster collaboration among academic institutions, businesses, and government agencies. The center aims to fuel the development of China's digital economy and strengthen its position in the global blockchain landscape.



The National Blockchain Research Center has set its sights on not only educating industry personnel but also creating a national blockchain network. This network will connect China's existing blockchains and provide crucial support to multiple industries, paving the way for enhanced efficiency, transparency, and security.



China's enthusiasm for blockchain was ignited in 2019 when President Xi Jinping expressed support for the technology. Since then, it has been a key focus in the country's digital economy plans. The inclusion of blockchain as a priority in the Chinese State Council's 2021 five-year plan demonstrates the nation's determination to leverage this innovative technology.



As China forges ahead with its ambitious blockchain agenda, the establishment of the National Blockchain Research Center serves as a testament to the country's dedication to technological advancement.

China has taken another significant step towards its goal of becoming a global leader in blockchain technology with the inauguration of the National Blockchain Research Center. The center aims to train 500,000 industry professionals in blockchain, further bolstering the country's drive for industrial blockchain development.

Sat Jun 10 2023

China's Blockchain Revolution Begins: National Research Center To Educate Half A Million Professionals

Ferrari to Accept Crypto Payments in the US; Plans to Include Europe Underway

Prototype Global Cryptoasset Mapping System Developed

FTX Founder Sam Bankman-Fried Sent to Jail for Alleged Witness Tampering

Huobi Rocked by Reports of Executive Arrests and Accusations of Customer Fund Misuse

Breaking The Chains: Introducing BRC-69, The Bitcoin Standard Without Data Restrictions

Prototype Global Cryptoasset Mapping System Developed

Sat Jun 10 2023 China's Blockchain Revolution Begins: National Research Center To Educate Half A Million Professionals

Ferrari to Accept Crypto Payments in the US; Plans to Include Europe Underway

Prototype Global Cryptoasset Mapping System Developed

FTX Founder Sam Bankman-Fried Sent to Jail for Alleged Witness Tampering

Huobi Rocked by Reports of Executive Arrests and Accusations of Customer Fund Misuse

Breaking The Chains: Introducing BRC-69, The Bitcoin Standard Without Data Restrictions

Prototype Global Cryptoasset Mapping System Developed

Sat Jun 10 2023

China's Blockchain Revolution Begins: National Research Center To Educate Half A Million Professionals