China Expands Blockchain Technology for Belt and Road Initiative

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by Giorgi Kostiuk

2 years ago

Made with AI

China is taking a significant step forward in technological development by introducing a groundbreaking blockchain project to enhance its digital landscape. A recent report revealed the launch of the "Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative," showcasing the country's commitment to utilizing blockchain technology in various fields.

Renowned crypto journalist Colin Wu shared details of the project's official launch during an event hosted by the Shanghai Shutu Blockchain Research Institute. This initiative signifies a major advancement in leveraging blockchain technology within the Belt and Road Initiative.

The project, led by the Shanghai Shutu Blockchain Research Institute, has brought together a prestigious group of collaborators, including the China Academy of Information and Communications Technology, Shanghai Jiao Tong University, Fudan University, Shanghai Maritime University, and more. This collaboration highlights the integration of academic and technological advancements in the development of blockchain infrastructure.

For more details, visit http://cryptotale.org. For in-depth information, check out the post on China's blockchain expansion for the Belt and Road Initiative.

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