XI Jinping about the blockchain: this is a breakthrough

XI Jinping about the blockchain: this is a breakthrough

The Chairman of the people’s Republic of China, XI Jinping first mentioned the blockchain in one of his public speeches.

Speaking at the annual scientific conference organized by the Chinese Academy of Sciences on Monday, XI said that the blockchain is an important part of the technological revolution of the 21st century, which China have to use to strengthen its position in the global economic arena.

Since the beginning of the 21st century a new generation of industrial revolution, radically changing global economic structure… thanks to breakthrough technologies like artificial intelligence, Internet of things and the blockchain.

Si further stated that in order to continue to take a leading position on the global economic stage, China will initiate the establishment of national laboratories meeting the highest standards for research and development of technological infrastructure.

Si not told about any specific cases, and use cases of blockchain technology. It is worth noting that just a few days ago in his message to the government of China also spoke positively about the blockchain technology.

China’s state Council decided to accelerate the development and application of blockchain technology in the free trade zone of Guangdong province.

In fact, the state Council has introduced a blockchain in the strategy of reforming information technology in the framework of the 13th five-year plan of economic development from 2016 to 2020.

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