China plans to create the International Development Center Blockchain

Governmental Organization The Investment Association of China (IAC) plans to create an "International Center for the Development of Blockchain Investments", aimed at implementing industry standards and investment unions and funds Blockchain, according to a local news resource T.

IAC is a national social organization registered with the Ministry of Civil Affairs of the People's Republic of China.

The document cites a photo published on the Internet, which, apparently, from the leaked government memorandum on the implementation of the Thirteenth Five-Year Plan for the development of innovations in Blockchain technology. Liu Ren, deputy chairman of the China Investment Association, and chairman of the Foreign Capital Committee, confirmed the validity of the document posted by The Paper.

According to the document, the innovative Blockchain plan as a whole involves a bundle of domestic and international resources in terms of investing in Chinese Blockchain projects, in leading forums and creating an investment development center.

Although the Chinese government this year began to implement various bans on trade and the use of crypto currency in the country, it seems that regulators are open to Blockchain technology.

Author: Andrey, analyst Freedman Club Crypto News

Image from Fotolia

Source: Read Full Article

Leave a Reply