China seeks to accelerate blockchain adoption

The Financial Technology Committee of the People's Bank of China met this week, where the importance of this topic was highlighted

This week was carried out the first meeting of the year for the Financial Technology Committee of the People’s Bank of China, where the vice governor called for the adoption of blockchain technology to be accelerated.

Fan Yifei thus held a meeting with PBoC officials and the heads of financial companies, where the importance of this technology and the fintech industry was highlighted.

The objective of this meeting was to ensure that the adoption of the blockchain is as soon and successfully as possible in the Chinese community.

The meeting included an overview of scientific studies that prove the introduction of new policies to boost the development plan.

Officials agreed that the fintech development index system should be studied first and careful monitoring of its dynamics should be pursued.

“It is necessary to strengthen the application of regulatory science and technology, actively use big data, artificial intelligence, cloud computing, blockchain and other technologies to strengthen the construction of digital supervision capabilities”, they said.

K. Tovar

Source: Cointelegraph

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