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Chinese President Xi calls for acceleration of blockchain development

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Chinese President Xi Jinping said the country should seize the opportunity to accelerate the development of blockchain as the core for innovation in his first in-depth comments on the technology.

Speaking at a meeting of Political Bureau of the Central Committee on Thursday in Beijing, Xi said blockchain technology has a wide array of applications within China, listing topics ranging from financing businesses to mass transit and poverty alleviation, according to the state-run Xinhua News . . .

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