4 result(s) for “data security”
China has directed construction of a state coordinated national blockchain network and related computing infrastructure, positioning distributed ledger technology as a foundational layer for industry while reaffirming the ban on private cryptocurrencies.
Beijing’s Central Cyberspace Affairs Commission on October 23 released a five year informatization plan that names a national blockchain network as a core infrastructure project, targeting substantial completion by 2030 while keeping existing prohibitions on cryptocurrency trading intact.
Following a central policy that put a national blockchain network on the infrastructure agenda, Shanghai this week published concrete measures to accelerate a Shanghai hub, prioritizing distributed digital identity, privacy computing and cross chain services to connect industry and government systems.
China’s Communist Party and State Council have directed construction of a state controlled national blockchain network, pairing it with a nationwide computing grid to accelerate the integration of the digital and real economies while keeping crypto trading barred.