Crypto News

China Central Bank calls to speed up the implementation of the blockchain

The Committee on the financial technology of the people’s Bank of China conducted its first meeting this year.

During the meeting, the Deputy Governor of the Central Bank Fan Yifei said the need to accelerate the implementation of the national blockchain in the various industries of the country.

The Deputy Governor of the Bank met with officials and executives of private companies. During the meeting he stressed the importance of FINTECH and blockchain industries, as well as assured that the current plan of the country for the adoption of the blockchain to be completed by 2021.

25 April in China launched the national blockchain Blockchain platform Service Network (BSN), which allows developers to code and test applications of the blockchain at the centralized location.

In addition, the meeting participants came to the following solution:

It is necessary to strengthen the use of regulatory science and technologies, active use of big data, artificial intelligence, cloud computing, blockchain and other technologies to enhance capabilities of digital surveillance.

We will remind that earlier the government of China proposed an entirely new “Internet standard”, which has a built-in tracking feature.

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