China is establishing a blockchain research center in Beijing as it explores integrating the technology more extensively into day-to-day life, the South China Morning Post reported on Thursday.
The Ministry of Science and Technology approved the establishment of the National Blockchain Technology Innovation Center recently, the SCMP reported, citing the government-run newspaper Beijing Daily. The center will focus on major use cases related to the economy and individuals' livelihoods in an attempt to make blockchain central to China's digital infrastructure.
As of July, more than 1,800 blockchain companies were registered with the Cyberspace Administration of China (CAC), the SCMP reported.
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