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China pilots nationwide blockchain development over real-world use cases

China pilots nationwide blockchain development over real-world use cases

The Cyberspace Administration of China (CAC) announced the commencement of an in-house effort to expedite blockchain development and innovation across 15 zones and 164 entities.

Some of the key areas of blockchain development include manufacturing, energy, government data sharing and services, law enforcement, taxation, criminal trials, inspection, and cross-border finance.

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