‘Masterplan’ For Turning China’s Hainan Province Into Free Trade Port Involves Blo
Chinese authorities have released a master plan for turning southern island province Hainan into a free trade port. Initially, the pilot program will select two banks to carry out business through the blockchain-powered platform. According to report the first export account was traded successfully through the system. The master plan encourages government institutions to use blockchain and other technologies to reform government function. On June 1 Xinhua News reported that th