The National Blockchain Technology Innovation Center in Beijing has commenced its operations with the aim of developing blockchain technology
The center, led by the Beijing Academy of Blockchain and Edge Computing, will collaborate with universities, think tanks, and blockchain businesses. It plans to train over 500,000 specialists in distributed ledger technology (DLT).
Supported by 50 business corporations, including state-owned entities such as China Construction Bank and China Unicom, the center aims to accelerate the development of large-scale blockchain computing power clusters.
The center’s mission is to connect various blockchain use cases in China, known as “blockchain islands,” into a unified network. By integrating blockchain application platforms and aggregating the blockchain application ecosystem, the center seeks to enhance innovation capabilities and competitiveness in the blockchain industry.
China National Blockchain
In conclusion, the establishment of the National Blockchain Technology Innovation Center in Beijing signifies China’s commitment to further developing and solidifying its position in the blockchain industry.
With plans to train over 500,000 DLT specialists and the support of major corporations, the center aims to accelerate the construction of large-scale blockchain computing clusters and foster innovation in the field.
China continues its active exploration of the digital economy, exemplified by its research into alternative approaches to artificial intelligence and the advancement of its central bank digital currency project.