Bitcoin News Is Not For Sale

Please don’t skip this message — it only takes a few minutes to read. Sorry to bother you, but time is running out.

Bitcoin is freedom. If you think independent media that is bitcoin-only is important, if you believe information and education about bitcoin matters for adoption, and if you have gained something from our work, we would be grateful if you could chip in $21. 

Join the 2% of our readers who occasionally make a donation. If everyone reading this donated just $21, we would reach our target in a couple of hours. $21 won’t break you, we hope.

To cover the cost for our servers, editors, writers, and thumbnail artists we rely on our readers’ generous support. 

How You can chip in:

  • Send sats as a tip to a writer. Each and every one of our writers has an active tipping widget.
  • Join our campaign on Awesome perks are waiting for you such as the Bukele Blend Coffee.

Your support ensures that Bitcoin News stays independent with a laser focus on Bitcoin and only Bitcoin.

Funding Progress

China’s IT Ministry Focuses on Blockchain for Data Security

written by

China's IT Ministry Focuses on Blockchain for Data Security

Support free journalists: > send a tip

The Chinese Ministry of Industry and Information Technology (MIIT) has listed a blockchain research laboratory in its list of key labs for the year, published by the government department on Monday.

The MIIT is looking to accelerate blockchain adoption by building a strong ecosystem to support a variety of industry sectors and the expansion of the technology across these fields.

This particular lab has been titled the Key Laboratory of Blockchain Technology and Data Security Industry and Information Technology, listed as supervised by National Industrial Information Security Development Research Center.

Several proposals for accelerating blockchain adoption has come from the MIIT recently, as reported by local news outlets. Xinhuanet details that the MIIT’s interest is focused on the expansion of blockchain outside of the financial sector into the Internet of Things, intelligent manufacturing, and supply chain management to name a few.

The ministry plans to expand the reach of blockchain promotion in areas especially regarding strengthening computing power, storage capacity, building a good industrial ecology, and promoting the healthy development of the blockchain industry.

The article also acknowledges that the MIIT is aware of accompanying risks to the infant industry, including the possibility of technical loopholes.

July saw the MIIT’s deputy director call for the country to work collaboratively to foster blockchain’s growth on an industrial scale in a statement posted on the department’s website, where he also praised the technology’s security potential with regard to preventing “information tampering and forgery“.

The post added that it would be particularly beneficial to harness blockchain as a core technology while realizing it “from a strategic perspective”.

Despite China’s harsh stance on cryptocurrency, the country has been an international spearhead for blockchain development research. Even president Xi Jinping has been vocal on the positive potential of blockchain, saying he expects technological breakthroughs to be achieved with the country’s research.


Follow on Twitter at

Telegram Alerts from at

Image Courtesy: Pixabay

Enjoyed the article?

100% of your tips go directly to [email protected]
Need a wallet? Get it here

⚡️ Tip The Author

Help spread this article :) is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of 


Read More Bitcoin News


Join our Newsletter


Latest on Bitcoin News

Video of the Week

Join our Newsletter