China’s National Blockchain Research Center plans to train at least 500,000 blockchain experts for China’s Web 3.0 industry.
The Center will work with universities, research institutions and businesses in conducting training to support the country’s digital economy.
The National Blockchain Research Center in Beijing, supported by the Ministry of Science and Technology, will conduct research and industrialization of blockchain technology.
The aim is to establish a national-level blockchain network that will connect existing blockchains in China and support other industries.
Zheng Zhiming, a scholar at the Chinese Academy of Sciences, said in a Xinhua report that current blockchains in China are still isolated from each other, which slows down the digital economy.
The center is led by the Beijing Academy of Computing and Blockchain , a research organization supported by the Beijing government and one of the developers of Chang’an Chain – the open source blockchain platform developed. China’s first domestic.
Despite China’s ban on cryptocurrency trading, the country continues to see blockchain technology as a tool for industries and government regulation.
The State Council, in its 14th five-year plan issued in December 2021, identified blockchain as one of the seven key development areas of China’s digital economy.
In February, the Beijing government launched version 2.0 of a data directory based on the Chang’an Chain, which collects information from more than 80 government agencies in the capital..
In Hong Kong, the city established the Web 3.0 Institute in April to focus on the digitization of traditional industries and the virtual asset economy including cryptocurrencies and NFTs.