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Chinese President Xi calls for acceleration of blockchain development


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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