7 result(s) for “Data Governance”
Provincial finance directives and university notices in Jiangsu mark a practical step in Beijing’s wider push to normalize the digital yuan, as staff are instructed to open or upgrade e-CNY wallets ahead of November payrolls.
China on October 22 moved the construction of a national blockchain network from policy discussion to an explicit item in a top level science and industry blueprint, signaling tighter state control over blockchain infrastructure while accelerating standards and hub development in cities such as Shanghai.
Beijing on October 21 released formal guidance that directs central and local authorities to build a nationwide blockchain network alongside an integrated computing power platform, signalling a coordinated push to embed distributed ledger technology into industrial infrastructure while excluding token markets.
Beijing on October 20 moved to convert policy ambitions into technical and institutional steps, as regulators and central bank officials set out plans to build a state backed national blockchain network and unveil a central-bank controlled digital yuan system with smart contract capabilities.
Beijing has placed a national blockchain network at the center of a 19 point policy package aimed at tightening the link between the digital economy and the real economy. The move reinforces China’s permissioned, state controlled approach to distributed-ledger technology while leaving cryptocurrency bans intact.
China’s top leadership has for the first time put a nationwide blockchain network into a high level economic and technology blueprint, spelling out plans to fold blockchain infrastructure into national data and computing strategies and accelerating state-backed deployments for industry and public services.
China on October 9 included construction of a national blockchain network in a 19 point policy to fuse the digital and real economies, a move that accelerates state controlled blockchain infrastructure while keeping cryptocurrency restrictions in place.