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  • Beijing Review

    ECONOMY

    Jul 16, 2020 4 minutes

    Boosting Blockchain

    Beijing has unveiled an action plan to boost blockchain deployment, integrating the transaction data technology into the city’s operations.

    Under the Beijing Blockchain Innovation Development Action Plan 2020-22, the city is expected to become an influential new highland for blockchain innovation, application demonstration, industrial development and talent by 2022.

    The plan outlines four key strategies and 20 specific tasks, including building platforms for theory and technology research, building and implementing multi-field application scenarios, and building a leading team of blockchain talent.

    In finance and taxation, the city will focus on real estate registration and unified electronic bills. Beijing is also planning to foster a business climate favorable to blockchain innovation

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