China Announces Plans to Establish Blockchain Tech Research Center
The crypto biosphere is new on the horizon as China becomes a blockchain technology pioneer. While the United States fixates on taming the “rogue aspects of the crypto industry” within its borders, China has announced its intentions to launch its National Blockchain innovation hub in Beijing. China Daily reported that the Chinese authorities established the center to experiment as well as develop technological blockchain innovations while maintaining an embargo on crypto currencies. The Science & Technology ministry of the country approved the center, saying the center will liaise with think tanks, local universities and blockchain enterprises to create a network…