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blockchain standards

ArticlesChina Brings Blockchain Standardization
Chinese authorities are preparing to adopt a set of standards for the development and implementation of blockchain. Government organizations believe it will advance the development of the industry. After their official approval, the Chinese blockchain standards may become global.
China is accelerating the technological application and industrial development of blockchain. Its current five-year development plan sets goals for the advancement of blockchain, along with AI, big data, and cloud technologies.

The next step in the development of distributed ledger technology in China is standardization, which will make it possible to quickly implement new blockchain projects and establish connections between existing ones.

On October 27, the Fifth Western Regional Blockchain Development Competition took place in Chengdu, China. The annual competition has been held since 2017 and identifies the best scenarios for using blockchain. The theme of this year's competition centered on combining innovation and standards. Speaking at the eve
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