China to launch national blockchain research center By Cointelegraph

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China to launch national blockchain research center

Published Feb 10, 2023 05:47AM ET Updated Feb 10, 2023 07:20AM ET

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China to launch national blockchain research center

Despite its ongoing crackdown on crypto, China continues to embrace blockchain technology — up to the point of launching the National Blockchain Technology Innovation Center in the capital city of Beijing.

According to the China Daily’s report from Feb. 8, the center will create a research network with local universities, think tanks and blockchain businesses to explore core blockchain technologies. The fruits of this research will be used to further the digitalization of China and expand its blockchain industry.

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