Guidelines for the Construction of Blockchain and Distributed Accounting Technology Standard System (Version 2023)

It is reported that the Ministry of Industry and Information Technology has publicly solicited opinions on the “Guidelines for the Construction of Blockchain and Distributed Accounting Technology Standard System (Version 2023)” (draft for comments). It is proposed that by 2023, the top-level design of the standard system for blockchain and distributed accounting technology should be clarified, the overall rules for standard system construction and standard development should be studied, the relationship between standards should be clarified, and the development of basic common standards should be focused, basically meeting the standardization needs of blockchain and distributed accounting technology in China. By 2025, further improve the national standard system for blockchain and distributed accounting technology, continue to promote standards such as basic commonalities, key application demonstrations, and security guarantees of blockchain and distributed accounting technology, effectively guide the construction of China’s blockchain industry, and improve the level of technology and application services.

The Ministry of Industry and Information Technology publicly solicited opinions on the “Guidelines for the Construction of Blockchain and Distributed Accounting Technology Standard System (Version 2023)”

As reported by the Ministry of Industry and Information Technology, the Guidelines for the Construction of Blockchain and Distributed Accounting Technology Standard System (Version 2023) is open for public reviews and comments. The document outlines the proposed implementation of a comprehensive standard system for blockchain and distributed accounting technology in China.

The Purpose of the Standard System

The primary objective of the Guidelines is to create a structured framework for blockchain and distributed accounting technology. This framework will facilitate the development and application of blockchain technology across various industries in China. A comprehensive standard system will also provide clarity on the rules for standard system construction and standard development, as well as a clear understanding of the relationship between standards.

Standard System Construction

By the year 2023, the top-level design for the standard system for blockchain and distributed accounting technology should be clarified. This includes the study of the overall rules for standard system construction and standard development as well as the development of basic common standards. This will focus on meeting the standardization needs of blockchain and distributed accounting technology in China.

The Push for Standard System Development

By the year 2025, the national standard system for blockchain and distributed accounting technology will further improve. The focus will still be on promoting standards such as basic commonalities, key application demonstrations, and security guarantees of blockchain and distributed accounting technology. The implementation of these standards will provide effective guidance for the construction of China’s blockchain industry while also improving the level of technology and application services.

Conclusion

In conclusion, by creating a comprehensive standard system for blockchain and distributed accounting technology, China is taking significant strides towards ensuring that the country remains competitive in the global economy. This system will be vital in promoting the widespread application and development of blockchain technology across various sectors.

FAQs

Q: How will the standard system be implemented across all industries?

A: The Ministry of Industry and Information Technology will work with various sectors to develop standards applicable to their industries.

Q: What will be the benefits of the standard system?

A: The standard system will provide more clarity on the rules for standard system construction and standard development, which will accelerate the development and application of blockchain in China.

Q: What is the expected outcome of implementing national standards for blockchain?

A: By implementing national standards for blockchain, China is positioning itself as a global leader in blockchain technology while also improving the level of technology and application services across various industries.