Almost All Chinese Provinces Have Blockchain-Boosting Policies
Crypto in China might be under unprecedented government pressure, but the opposite is true of blockchain technology.
The city's government plans to unite data that's spread out among its departments.
The institute will be used to develop applications of the technology in an effort to boost security for China's central bank digital currency.
The company said it's an old entity that isn't in use anymore.
Tianjin, known for its heavy industry and oil refineries, issued China's first blockchain-based carbon offset, as the country builds up its national carbon trading platform.
Such a move give legal standing to blockchain-based organizations, enabling DAOs to contract with other legal persons.