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China sets 2030 target for national blockchain network and regional hubs

By Lawrence Mondal

China has set a 2030 target to largely complete a national blockchain network, placing a central backbone, regional hubs, and distributed digital identity services in its latest five-year information technology plan. The Central Cyberspace Affairs Commission issued the National Informatization…

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Blockchain

A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.

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