China Releases Four Domestic Blockchain Standards
China’s Ministry of Industry and Information Technology (MIIT), the nation’s top industry regulator, released four domestic blockchain standards on December 19 as a way to propel development and implementation of blockchain technology in the country, according to Chinese-language internet portal Tom.com.
China Electronics Standardization Institute (CESI), a major think tank responsible for standardization work under the guidance of the MIIT, released the four association-based blockchain standards at the the Blockchain Technology and Industry Development Forum (CBD Forum). The four standards included “Blockchain Privacy Protection Specification”, “ Smart Contract Implementation Specification”, “Guide to the Use of Blockchain in Evidence Deposition”, and “General Specification for Blockchain Technology Security”.
Li Ming, director of the Blockchain Research Office of the CESI told the conference that 5 blockchain association standards had been released so far which would propel the establishment of national blockchain standards. He said the reference architecture for blockchain would be issued by the end of 2019.
The CESI also published the China Blockchain Technology and Application Development Research Report(2018) at the conference. Zhao Bo , president of the CESI summarized the results the IT ministry has achieved over the past year on the blockchain sector.
According to Zhao, the MIIT completed 4 major blockchain-focused tasks in 2018: First, they complied the China Blockchain Technology and Application Development Research Report(2018), creating a road map for blockchain applications; second, the MIIT accelerated the development of key standards for blockchain, initiated a draft on national standards for blockchain reference architecture, created association standards for smart contracts, privacy protection and evidence deposition, and offered functional testing services for 25 blockchain systems; third, they worked closely with TC 307, a counterpart blockchain commission under the International Organization for Standardization (ISO) for developing international blockchain standards and applying that knowledge domestically; fourth, the ministry actively promoted the establishment of domestic open-source community titled “dAppLedger”, and two projects—BCOS and AnnChain—have borne fruit.
Despite the government’s hostility towards all crypto-related economic activities, the country is moving aggressively to adopt blockchain and doubling down its efforts to complete a blockchain standardization system as soon as possible.
Li Yan, deputy director of the Informatization and Software Services Division of the MIIT emphasized at the conference that although blockchain was still an early-stage exploration technology, China’s IT ministry would continue to work with other related departments to push the rapid development of blockchain industry in the country.