The State Council approves pilot plan for comprehensive reform of blockchain technology application in multiple regions

According to Shenchao TechFlow, the State Council approved a pilot plan for comprehensive reform of market-oriented allocation of factors in some regions across the country, emphasizing the application of blockchain technology. Key cities in southern Jiangsu plan to promote green finance reform, explore blockchain green asset trading, and develop green financial products. The Hangzhou-Ningbo-Wenzhou program encourages privacy computing and blockchain technology to promote the integrated development of public and social data. The Hefei metropolitan area plan uses blockchain, privacy computing, and quantum encryption technologies to improve data circulation efficiency and security. Zhengzhou City’s plan emphasizes trusted identity authentication and blockchain technology to strengthen computing power and data resource security. The Changsha-Zhuzhou-Tanzhou plan relies on existing trading venues to strengthen blockchain technology innovation and cultivate an industrial ecosystem.