New Blockchain Book Addition to the Chinese Communist Party’s Trilogy on Technology

History to future, a book on blockchain that traverses this long journey, and meanders through current affairs as well. This is what the Chinese have come up with in a bid to enlighten their bureaucrats on blockchain. The official newspaper of China’s Communist Party, which goes by the name of People’s Daily or Renmin Ribao, has taken a commendable step that has got the world taking notice of China’s commitment to blockchain as a technology. They have come out with a new book based on blockchain technology, especially meant for the officials in the administration.

This book is called ‘Blockchain – A Guide for Officials’, and it is a blockchain encyclopedia of sorts that will contain all the information about this new technology and will serve as a guide for the officials. It contains details of distributed ledger technology (DLT), its modern day applications, along with how it originally came into being. It also addresses sectors related to business, technology, legal etc.

People’s Day Publishing is all set to add this book to their trilogy on technology, the previous editions being AI and “Digital China” based, respectively. Ye Hao, the president of the People’s Network in China has written a portion in the book under the chapter “From Internet Thinking to Blockchain Thinking.” An excerpt of that reads:

“We call on the industry peers to continue to look at the blockchain technology with a development perspective. Looking at the blockchain label from a scientific perspective, look at the blockchain industry with a strategic eye, look at the blockchain business opportunities with a calm eye, promote the sustainable and healthy development of the blockchain industry.”

The Head of People’s Daily writes:

“The biggest impact of blockchain lies in its operation mechanism … which seeks to achieve consensus as a way to govern a community. It offers us a brand new angle to think about and resolve different problems.”

Some other notable figures who have contributed to the book are Duan Yongchao, chief strategy officer at Caixin Media Group, Zhejiang Science and Technology Innovation and Entrepreneurship Promotion Association president, Shoucheng Zhang, founding chairman of Dana Capital etc.

For long, China has been on the forefront of the blockchain industry by incorporating it closesly in their administration and being very vocal about advocating this technology in the international forum. China continues to remain on the top of the list when it comes to the most number of Blockchain patents filings and the president maintains that it is, indeed, a breakthrough technology. BTC Wires, reported back in July that the Chinese city of Nanjing has launched a $1.5 billion blockchain fund, which is a soli development and reaffirms China’s positive stance on blockchain.