China’s Deepening Integration of Blockchain Technology with Other Digital Innovations

02/19/2023 16:20 • Tech Trends • 82 views

According to the report, Liu Yunan, director of the National Information Center, said that at present, China’s blockchain technology innovation continues to deepen, with deep integration of digital technologies such as artificial intelligence, cloud computing, big data, and the integration of scenarios and applications in multiple fields of economic and social is also deepening, and has bred and promoted new formats and new models of digital economy such as the universe, NFT (non homogeneous token), WEB 3 (new generation Internet), The importance of blockchain infrastructure is increasing day by day. In particular, building blockchain infrastructure across heterogeneous underlying frameworks has become the core issue of the healthy and orderly development of blockchain in China. (Beijing News)

Director of the National Information Center: Building blockchain infrastructure across heterogeneous underlying frameworks has become a core issue

Analysis based on this information:

The message highlights the significant advances that China is making in the field of blockchain technology, with digital technologies such as artificial intelligence, cloud computing, and big data enabling deep integration in multiple economic and social fields. This integration has resulted in the emergence of new formats and models of digital economy such as NFT, WEB 3, and the universe.

The report emphasizes the increasing importance of blockchain infrastructure, which has become a core issue for the healthy and orderly development of the technology in China. Specifically, the report notes the need to build blockchain infrastructure across heterogeneous underlying frameworks. This will enable the seamless integration of diverse blockchain technologies and help support the growth of the digital economy in China.

China’s focus on innovation and digitalization has been highly successful in recent years, and the country is rapidly becoming a global leader in the field of blockchain technology. The deep integration of various digital technologies is enabling China to create new models of digital economy that can potentially transform the global economy landscape in the coming years.

Artificial intelligence, cloud computing, and big data are helping to create new opportunities for blockchain technology, and the integration of these technologies is also helping to drive up the adoption of blockchain across various industries. This integration has led to the emergence of new formats and models of digital economy, such as NFT and WEB 3, which are fast gaining popularity across the world.

Overall, the report underlines the need for China to continue its focus on blockchain infrastructure development in order to ensure the healthy and orderly growth of the technology. With China’s current pace of innovation, it is expected that the country will remain at the forefront of global blockchain development for years to come.

Keywords such as blockchain technology, artificial intelligence, and digital economy will be essential in understanding the current state of the blockchain industry in China and the potential impact of China’s advances on the global economy.

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