National People's Congress representative: China's independent innovation in blockchain underlying technology has been applied in 16 central ministries and 27 central enterprises
According to CCTV News, Dong Jin, a representative of the National People's Congress and the director of the Beijing Microchip Blockchain and Edge Computing Research Institute, stated that China's independently developed underlying blockchain technology has been applied in 16 central ministries and 27 central enterprises, achieving positive progress in areas such as taxation, cross-border trade, and global payments.
Every year, hundreds of billions of invoices are "run" on the independent blockchain in our country, with over 300,000 enterprises in cross-border trade on the blockchain, and the trade amount reaching trillions of yuan.
-- Price
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