China is about to release national blockchain standards

An official at a Chinese national agency for standardization revealed that the country is getting closer to issuing standards blockchain national standards, and that the standards are awaiting approval, and will most likely be implemented in a year 2022.

As China answered the call of its main leader Xi Jinping Xi Jinping, who called the people in general 2019 to embrace technology Blockchain At almost all levels, and to take the global lead.

The country continued to see technology adoption at the provincial as well as the national level.

A local media report also confirmed that the government is now seeking to set official standards for this technology.

The China Institute for Electronic Standardization is also involved in its development, an official revealed.

As the director of the blockchain research office at the institute revealed, Li Ming In a recent event, standards have been drawn up and are now awaiting approval.

It is expected that the institute will issue these standards during the next year.

Blockchain Standards in China

Standards are an integral part of the development and appeal of any industry, he said Ming During the Fifth China Series Development Competition Blockchain, held in the city Chengdu boycott Sichuan.

According to the official, setting standards for any industry is an arduous process that involves massive research on the technology, its application, and its implications, weighing the scope of standardization to truly spur growth:

“If you look at any benchmark, it's just a few pieces of paper. We need to use talent training, development competitions, labs, app demos, open source communities, and even capital to truly apply standards to the industry.”

A competition was also held Blockchain annually a year ago 2017, bringing together teams from all over China to compete for the most cutting-edge and impactful application of technology Blockchain, to solve daily challenges.

It was a province Sichuan She is the leader in these competitions, revealing Ming About that in the last edition, the province accounted for approximately 20% of all requests.