Blockchain Should Be Developed on Industrial Scale According to China’s IT Ministry

Blockchain Should Be Developed on Industrial Scale According to China’s IT Ministry
фото показано с : bitcoints.com

2018-7-17 00:59

The deputy director said that comprehensive planning for the creation of a positive institutional and regulatory environment is necessary in order to achieve the “core goal” of securing a “break-through” in blockchain applications on an industrial scale.
To this end, he emphasized the need for strengthening official policy guidance, easing institutional constraints, and “optimizing” an environment conducive to the blockchain space.
Chinese government policy remains notoriously tough on decentralized cryptocurrencies, with palpable negative impact on domestic crypto trading.
However, as an in-depth Cointelegraph report has outlined, momentum in China’s blockchain space has been gathering pace in recent months, spurred by endorsement from the highest echelons of the political class.
While recognizing the technology’s significance, a Chinese regulator has nonetheless warned this month against “mythologizing” blockchain’s potential amid the scramble to lead in global innovation.

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blockchain institutional industrial scale should optimizing applications

Источник: bitcoints.com

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