China is seeking to adopt blockchain technology on a large scale, following a direct order from the Chinese president.

Recently, a number of news emerged about the “IOST” project and its assistance to the Chinese government through a strategic alliance to accelerate awareness about blockchain technology.

The “IOST” project cements its position as a blockchain leader in China through major alliances with government agencies.

This time he partnered with the National Archives Administration (NAA), the national agency of the CPC Central Committee responsible for the country’s historical records dating back to imperial China.

The NAA invited Terry Wang, co-founder of IOST as an industry expert, to give a lecture on the development trends of blockchain technology and its applications to individuals and leaders of the Chinese government.

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In this lecture, a description Terry highlighted the development trend of blockchain technology and the current status of China’s blockchain industry, and the innovative application of IOST and its BaaS platform in maintaining the reliability and validity of China’s historical evidence.

The lecture was attended by 350 people, including Mr. Chen Shiguo, Deputy Director of the Central Office, members of the leadership team of the National Archives Office, and representatives of some cadres and employees.

This lecture paves the way for the Chinese government to adopt more applications of blockchain technology.

The growing recognition of the IOST project by the Chinese government and companies will promote the development of the strong IOST ecosystem, and open up more future possibilities for its technologies.

The development of the IOST project and its leading position in China

Being a representative of a blockchain project and lecturing to high-ranking Chinese government officials means a lot, as IOST is the first project invited by CGTV.

The IOST project has also been featured in many national publications and news agencies such as People.cn and Xinhua.

Notably, IOST, the first blockchain project, is invited to attend a prestigious forum set up by the Great Hall of China to deliver a speech for state leaders and CEOs.

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During the same event, IOST was recognized as a permanent member of the consensus committee of the China Software Association.

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It should also be noted that the China Institute of Electronics and Information Industry Development (CCID) ranking placed the IOST project in first place for basic technology and fourth overall.

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In October 2019, a meeting of the General Office of the Communist Party of China Central Committee emphasized accelerating the innovative development of blockchain technology.

The National Archives Administration of China has paid great attention to blockchain technology and studied the possibility and feasibility of its transformation and application in archival work.

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