China, Where Bitcoin is Banned, Announces Web3 Development Plan to Promote NFTs!

While the Chinese government gave the green light to Web 3.0 and blockchain technologies, it emphasized that incentive work for these sectors would be accelerated.

chinese government Web 3.0, blockchain, decentralized applications (DApp) And NFT He made a comprehensive statement about the sector. In the statement shared in written form, the congressman Wu Jiezhuang‘s signature was included.

Congressman Wu Jiezhuang, who made a statement in response to motion numbered 02969 of the 14th session of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), said that the issue of Web 3.0 Ministry of Science and Technology of China, Chinese Academy of Sciences And China Science and Technology Association He emphasized that discussions were held with

The picture that emerged as a result of the meetings was positive for the sectors in question. Chinese government, Usage areas of Web 3.0 researched in depth and Optimizes the political atmosphere he stated.

In this regard, together with the National Standardization Committee, to provide a good development environment for Web 3.0 based on blockchain technology. Standardization of Blockchain and Distributed Ledgering Technology for National Technical Committee was established emphasized.

The Chinese government stated that it will create a strategic document for the development of Web 3.0, encourage the development of NFT and decentralized applications (DApp), focus on promoting cross-chain, privacy computing, smart contracts and other technical areas. These technologies are particularly state functioning And industry It was declared that it would be highlighted in areas such as:

The Ministry attaches great importance to the development of the Web3.0 industry. Your recommendations on strengthening resource support for Web3.0 technology research and development, strengthening technology regulation and management, promoting international cooperation, and strengthening publicity and promotion are forward-looking and strategic, and are highly compatible with the Ministry’s core work. Focusing on key areas such as government affairs and industry, we will promote the development of new business models such as NFT and distributed application (DApp), and accelerate the innovative application of Web3.0 and the construction of the digital ecosystem.

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