China’s IT Ministry Wants A Blockchain Standard System ‘As Soon As Possible’

China’s Ministry of Industry and Information Technology (IT) has conducted a study on Blockchain technologies in order to promote the “formation of a complete Blockchain standard system as soon as possible,” according to a press release published yesterday, March 12.

The Information and Software Services Division of the Ministry of Industry and IT, along with the China Electronics Standardization Institute, will set up a committee to promote national Blockchain and distributed ledger technology.

The press release notes that other international organizations, like the International Organization for Standardization (ISO) have already begun standardizing Blockchain technology…

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