China pilots nationwide blockchain development over real-world use cases
Some of the key areas of blockchain development include manufacturing, energy, government data sharing and services, law enforcement, taxation, criminal trials, inspection, and cross-border finance.
The Cyberspace Administration of China (CAC) announced the commencement of an in-house effort to expedite blockchain development and innovation across 15 zones and 164 entities.The initiative aims for the large-scale implementation of blockchain technology across businesses and government organizations
