Team Justus Safezone International
February 24, 2025 at 09:18 AM
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China is accelerating its push into blockchain technology, announcing plans to integrate it into its national data infrastructure, with full implementation targeted by 2029.
The move underscores Beijingβs commitment to leveraging blockchain for secure data management, digital identity, and supply chain efficiency.
The initiative aligns with Chinaβs broader digital transformation strategy, where blockchain will enhance transparency, traceability, and interoperability across industries.
While cryptocurrencies remain banned in the country, the government has long embraced blockchain for state-controlled applications, particularly through its Blockchain Service Network (BSN).
By 2029, China aims to establish a blockchain-powered data ecosystem, reinforcing trust in digital transactions and improving data security at a national scale.
This development is expected to have far-reaching implications for finance, trade, and governance, setting a precedent for other nations exploring blockchain adoption.