Shanghai municipal government today released an action plan that aims to achieve blockchain breakthroughs by 2025.
Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Shanghai today published an action plan to boost the technical development of blockchain in the city up to 2025, as the Chinese city continues its web3 drive.
The Shanghai government will also look to support the development of zero-knowledge proofs. To address the need for improving the efficiency and usability in the space, the city aims to enhance the performance of general zero-knowledge proof protocols, the statement said. The government further hopes to nurture talent specifically for the blockchain industry. In the plan, the government said it encourages research institutes and companies to"make good use" of the country's foreign talent recognition standards to hire blockchain professionals in Shanghai.
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