Chinese city implements plan for blockchain digital infrastructure system by 2025
The government of Shanghai has implemented its strategic plan for the development of its urban blockchain digital infrastructure system between the years 2023-2025. The government in the Chinese city of Shanghai issued an implementation plan on July 31 for promoting the development of its urban blockchain digital infrastructure system in the time frame of 2023-2025, according to an update on the government’s webpage. The update says that the plans have been formulated in order to serve the “strategic goal” of Shanghai’s urban digital transformation, along with strengthening the application of blockchain in the economy, public service and urban governance. It reads that, "breakthroughs in blockchain core technology and standard system construction have been made, leading to the formation of an industrial ecology with strong innovation momentum, and nurturing a group of leading and innovative companies with industry influence.” When the urban blockchain digital infrastructure...