Express

Huawei, Tencent, JD.com Among 71 Companies To Join China’s New Blockchain Committee

Ramsey Baker

Summary: Huawei, the tech giant, is one of many major companies joining China's new national blockchain committee as the country looks to guide the emerging sector. China’s Ministry of Industry and Information Technology (MIIT) published a list Sunday that outlines the 71 companies and public entities that have joined its committee, which has been dubbed the ...

Huawei, the tech giant, is one of many major companies joining China's new national blockchain committee as the country looks to guide the emerging sector.

China’s Ministry of Industry and Information Technology (MIIT) published a list Sunday that outlines the 71 companies and public entities that have joined its committee, which has been dubbed the "National Blockchain and Distributed Accounting Technology Standardization Technical Committee." The group has been formed to discuss and set industry standards for distributed ledger technology.

The committee is weighted towards the country's expanding technology sector, with delegates from Huawei, Baidu, fintech companies Tencent and Ant Financial, and e-commerce giant JD.com.

By Ramsey Baker

Last Update:

Tags: ,,,,,
Link: Huawei, Tencent, JD.com Among 71 Companies To Join China’s New Blockchain Committee   [Copy]
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 21 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 8 days ago
  • You need to login to comment.