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China’s national blockchain research center, which launched on Wednesday, plans to train at least 500,000 blockchain experts for China’s Web 3.0 industry. Universities, research institutions and businesses will work together for training to support China’s digital economy.
China’s National Blockchain Research Center Launched
As cryptocurrencies have become more widely used over the years, financial regulators in many countries around the world have accelerated their regulatory efforts. In this process, some countries have adopted a more crypto-friendly regulatory approach, while others have created a more restrictive regulatory framework. In this context, China was one of the countries that adopted restrictive policies towards cryptocurrencies.
However, China, which has adopted a restrictive policy towards cryptocurrencies, has carried out various researches on blockchain technology and has signed many projects and initiatives, including CBDC. In this context, China recently opened a national blockchain research center and China’s National Blockchain Research Center became operational on Wednesday.
The Goal is to Train At Least 500,000 Blockchain Experts
China’s national blockchain research center, which launched on Wednesday, plans to train at least 500,000 blockchain experts for China’s Web 3.0 industry. Universities, research institutions and businesses will work together for training to support the country’s economy. The national blockchain research center in Beijing, supported by the Ministry of Science and Technology, will work to research blockchain technology and develop new projects.
Despite China’s restrictive approach to cryptocurrencies, the government has been working intensively on blockchain technology in recent years. In fact, in its 14th five-year plan published in December 2021, the State Council identified blockchain technology as one of the seven main development areas for China’s digital economy.
