China’s largest city Shanghai and Hong Kong have set a goal to become the leading blockchain hubs in China.
It clarifies the resource PoW China Report, the authorities of these cities are acting strictly in line with Chinese economic policy on the introduction of new innovative solutions in business processes.
In the city of Hong Kong has decided to weaken control over the movement of migrant workers, to give professionals cryptosphere the opportunity to come to the city to get a job here. Similar steps taken by the Shanghai officials.
In addition, in Shanghai launched a program to train young specialists for the basics of blockchain technologies and mechanisms for the use of digital money. In the future, officials do not exclude the running of joint projects in innovative industries.
Hong Kong has become one of the leaders in the field of research and implementation of the blockchain in financial and high-tech sectors. This Chinese metropolis is cooperating with authorities in Australia and Singapore who are also interested in the scope of technology of the distributed registry.