Details Emerge Regarding China’s Hainan Blockchain Initiative

Details Emerge Regarding China’s Hainan Blockchain Initiative

Chinese state media vehicle Xinhua is reporting details about a state-supported blockchain initiative in the South China island province of Hainan. Hainan’s blockchain pilot zone, which is based in the Hainan Resort Software Community (RSC) industrial park, was actually launched in October 2018. The zone already hosts more than 100 blockchain developing entities.