China’s Blockchain Project Filings Reach 730 in Total, Beijing, Shanghai, Guangdong, Zhejiang Account for Nearly 80%

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The total number of blockchain information service projects filed with the Cyberspace Administration of China (CAC) has risen to 730 in total following the unveiling of a third batch.

The third batch of registered blockchain information service projects unveiled by CAC consists of 224 in total, with financial institution registrants including Postal Savings Bank of China, CITIC aiBank, China Merchants Bank and Ping An Bank.

The 730 blockchain projects filed with CAC so far are heavily concentrated in the four locations of Beijing, Shanghai, Guangdong and Zhejiang, who account for 571 projects in total, or roughly 78%.

Beijing accounted for 83 projects in the third batch, followed by Guangdong at 44 and Zhejiang and Shanghai at 27 and 17 respectively.

In central China Sichuan was host to 14, Hunan province 13 and Chongqing municipality 11.

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