05/06/2018 China has been working on national blockchain standards

China Electronic Industry Standards Research Institute (CESI) under China’s Ministry of Industry and Information Technology (MIIT) confirmed that the authority was working on establishing the national standards for blockchain technology for implementations in multiple sectors encompassing various decentralized designs. The standards were expected to publish before the end of 2019 covering basic standards, business & application standards, process & method standards, credible & interoperable standards and information security standards in order to promote China’s blockchain development.

Li Ming, director of the blockchain Research Office of the institute, revealed also that a broader national plan for blockchain standards was underway with a number of relevant government departments to set up a nationwide” blockchain and Distributed Accounting Technology Standardization Committee”.