Continuous innovations are taking place in the blockchain technology in China, and a new industry has taken initial shape. Against this backdrop, blockchain finds its gradual applications in finance, supply chain, credit investigation and product source tracing.
MIIT (the Ministry of Industry and Information Technology of PRC) will strengthen its interaction and interconnection with local departments to create a good environment for blockchain industry, and proactively promote the sound and orderly development of this industry, according to the report.
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