China Forms National Blockchain Committee to Set Standards For Blockchain in China

China has joined hands with various tech giants in the country to form a national blockchain committee that aims to set the standard for blockchain adoption in the country. The committee includes the country’s tech giants such as Tencent Holdings, Huawei Technologies, Baidu, among few others.

China’s national blockchain committee

The committee called the National Blockchain, and Distributed Accounting Technology Standardisation Technical Committee would also include 70 researchers and experts with the aim of setting a standard for the country’s blockchain adoption. These 70 researchers and experts belong to various local governments, state-led think tanks, universities, and other computing centers. As of yet, none of the companies included in the national blockchain committee have spoken about its formation. Read More...

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