One of China’s central government ministries has set out high-level guidelines dedicated to fostering blockchain development in the country.
The Ministry of Industry and Information Technology (MIIT) published directional guidelines on Monday in its aim to „accelerate blockchain technology applications and industrial development” together with the Central Cyberspace Affairs Commission.
The guidelines serve as a high-level instruction to the country’s information technology offices in provincial and municipal governments. It puts forth long-term goals to build blockchain companies and applications that can empower different sectors of the country’s economy as part of Chinese president Xi Jinping’s Digital China strategy.
Critical tasks under the MIIT’s guidelines include applying blockchain technology to improve public services, protecting digital intellectual properties and increasing transparency in government data sharing and legal deposition.
To execute the high-level guidelines
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