The Central Bank of China will take measures to develop the technology of the distributed registry in the forthcoming five-year development plan of the country. This is reported by CoinDesk.
As the newspaper notes, the Chinese monetary regulator recently published an official document, which substantiates the need for active development of financial technologies. In particular, the document says that during the 13th Five-Year Plan, the Central Bank intends to contribute in every way to the development of such promising areas as blockchain and artificial intelligence.
In addition, the regulator intends to intensify efforts in studying the world experience of regulation of the Finnish industry, as well as explore such areas as cloud computing and Big Data.
In general, the new five-year plan for social and economic development calls for the creation of an advanced infrastructure and the promotion of innovations in the financial sector.
Recall, earlier ForkLog reported that the People's Bank of China and a number of commercial banks continue to test the national digital currency.
Good information!