• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

China Expands Blockchain Technology for Belt and Road Initiative

user avatar

by Giorgi Kostiuk

2 years ago


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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SWIFT Tests XRP Integration for Enhanced Payment Systems

chest

SWIFT is testing the integration of the XRP Ledger to enhance cross-border payment efficiency.

user avatarDiego Alvarez

Tether Freezes $544 Million in Assets Linked to Illegal Betting Operation

chest

Tether has frozen approximately $544 million in assets linked to an illegal online betting operation at the request of Turkish prosecutors.

user avatarKenji Takahashi

Tether Mints $1 Billion USDT Amid Bitcoin Selloff

chest

Tether minted an additional $1 billion USDT amid a sharp decline in Bitcoin prices, providing liquidity during a volatile market.

user avatarKenji Takahashi

XRP Price Shows Signs of Recovery After Significant Dip

chest

XRP price has rebounded after hitting a low of 116, with increased whale activity and unique addresses on the XRP Ledger.

user avatarMaria Fernandez

Arthur Hayes Attributes Bitcoin Selloff to IBIT Hedging

chest

Arthur Hayes attributes the recent Bitcoin selloff to hedging related to BlackRock's iShares Bitcoin Trust (IBIT), indicating that dealer hedging can lead to significant mechanical selling when market conditions shift.

user avatarGustavo Mendoza

The PASS: New Utility NFTs to Empower Web3 Creators

chest

The PASS has been introduced as a framework for Web3 creator economies, offering Utility NFTs that enable community creation and governance.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.