According to foreign media, after a month of voting by member states, ISO/IEC JTC1 (International Organization for Standardization/International Electrotechnical Commission First Joint Technical Committee) formally approved the establishment of the Internet of Things and Blockchain Integration led by China. Research group’s proposal.
Foreign media pointed out that this signifies that China has won the "right to speak" in the development of a new generation of information technology integration and innovation. It is of great significance for China's related industries to lead the global development and promote the integration of the physical and digital economy.
It is understood that the IoT and blockchain integration research group will include experts from more than 10 countries including the United States, Britain, Germany and France. In the coming year, the focus will be on the development of the Internet of Things and the blockchain market and the analysis of the current status of international standardization. Operational demand analysis, new international standard project proposal for the integration of Internet of Things and blockchain, etc. At the same time, it will also establish a close joint working mechanism with relevant international standards organizations to jointly promote the international standardization of the Internet of Things and blockchain and the research of industrial application landing.
According to foreign media reports, China has recently made considerable strides in adopting blockchain technology. Last month, the Digital Currency Research Laboratory of the People's Bank of China (PBoC) this week applied for a new patent for a digital wallet that allows users to track their transaction history. The patent application was submitted to the State Intellectual Property Office of China on June 22. Also in June this year, the People's Bank of China disclosed a set of blockchain-powered paper check digitization system, which can digitize the checks of domestic companies.
Earlier this week, according to foreign media sources, Xin Guobin, deputy director of China's Ministry of Industry and Information Technology (MIIT), said that blockchain needs to be the "core" technology of the new digital economy.
"The important role of blockchain should be grasped from a strategic perspective: blockchain can make up for the shortcomings of the traditional credit system, prevent information tampering and forgery, and save social costs. This applies to finance, e-commerce, smart medical care, and social security. The Internet of Things, energy and other fields will have an important impact." Xin Guobin said.
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