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China’s Central Bank Defines Blockchain In Latest Publication

Tracy CHEN

Summary: On July 22, the People's Bank of China published an article about how to promote the standard development of blockchain in the financial system.The central bank of China defined blockchain in the article as technology maintained by multiple parties, secured by cryptography, and supporting the consistency, tamper resistance, and anti-repudiation of data. Tracy Chen

On July 22, the People's Bank of China published an article about how to promote the standard development of blockchain in the financial system.
The central bank of China defined blockchain in the article as technology maintained by multiple parties, secured by cryptography, and supporting the consistency, tamper resistance, and anti-repudiation of data.

Tracy Chen

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