Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    HIVE Digital Achieves New Milestones in Bitcoin Mining

    HIVE’s Frank Holmes Predicts $500K Bitcoin by Christmas

    Bitcoin Standard Treasury Set for Public Debut with 30,000 BTC

    Ancient Bitcoin Whale Sells $9.53B After 14 Years

    Crypto Market Cap Exceeds $4 Trillion Amid ETF Inflows

    Trump Executive Order to Invest $9T in Bitcoin

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    John Deaton Clarifies XRP and Circle Business Approaches

    John Deaton Clarifies XRP and Circle Competition Narrative

    Mevstaking Gains Investor Interest with Hybrid Rewards

    Bit Digital Expands Ethereum Holdings to Over 120,000 ETH

    Bit Digital Expands Ethereum Holdings to 120,306 ETH

    XRP Gains 277% Year-on-Year, Institutional Interest Rises

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

The Chinese government has Promised Three New Standards for Blockchain

Joshua T. by Joshua T.
October 9, 2018
in Finance & Blockchain, Latest News
CESI new standards

Source: coinvedi.com

The battle between several countries on who is going to be the ultimate crypto power is actively ongoing. China who is well known for its anti-Cryptocurrecy polices is not left out of this unspoken battle. The China Electronics Standardization Institute (CESI) as made announcements that it would be developing three blockchain standards before the year 2019 runs out. The first batch of the standards is expected before the end of 2018.

CESI Blockchain Standards

The announcement from the CESI is considered by the crypto community as another way through which China is trying to increase and develop its stakes in the blockchain industry. The standards which are to be created will be overseen by Chinese specialist. These specialists will be developing these three standards around deposits, smart contracts and finally confidential information safety respectively.
Based on the report coming from CESI Director, Li Ming, the standard will be aimed at developing a distributed ledger.

The direct further stated that:

“The future documents will include common specifications and standards related to information security, business operations, as well as various processes and methods. All of them should be the basis both in China and worldwide.”

 

The Talk Paid off

Since the publishing of documents on innovative technologies and distributed ledger architecture in 2016, influential people within the Chinese government have not stopped talking about the development of a blockchain standard.
Eventually, their “talks” paid off and an official seating in May 2018 led to setting a deadline for the release of these standards. it was agreed that latest December 2019, the standards need to be out.

Once the standards are in place, those who are still yet to trust blockchain technology will have some metrics to judge a project by, thereby bringing in fresh investor into blockchain technology at large. Hopefully, this move by the Chinese government will be followed by other supportive ones from the government, who has been tagged as “cryptophopic”.

Tags: CESIChinaStandardsThree
Previous Post

Ripple to Attend Swift’s Sibos 2018 Event

Next Post

Bithumb Accounts for 85% of Monero’s Trading Volume When it Enters Coinmarketcap

Joshua T.

Joshua T.

Related Posts

SWL Miner Launches New Cloud Mining Offerings

by Joshua T.
July 18, 2025

SWL Miner introduces cloud mining contracts with daily payouts, offering passive income through crypto investments.

SWL Miner Promises Predictable Crypto Returns Amid Regulatory Queries

by Solomon M.
July 18, 2025

SWL Miner, a UK-registered company, offers predictable crypto income, but regulatory clarity remains absent.

SWL Miner Claims UK Regulation, Targets Cryptocurrency Market

by Solomon M.
July 18, 2025

SWL Miner claims UK regulatory protection, promises predictable crypto income models. Community reactions remain scarce.

SWL Miner Offers Cloud Cryptocurrency Mining Services

by Anca F.
July 18, 2025

SWL Miner provides cloud crypto mining; registered in UK, supports BTC, ETH, DOGE.

Coinbase Stock Reaches All-Time High Amid Crypto Legislation

by Solomon M.
July 18, 2025

Coinbase stock hits record high as crypto legislation progresses, boosting institutional adoption.

Chinese FTX Creditors Face Claim Jeopardy Amid Bankruptcy Proceedings

by Solomon M.
July 18, 2025

Chinese creditors risk losing $380 million in FTX claims. Legal battles intensify in bankruptcy court.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.