Shanghai moves to advance national blockchain network hub and cross-chain capabilities

Shanghai moves to advance national blockchain network hub and cross-chain capabilities

N
News Editor
2026-10-16 05:54:50
Shanghai’s Cyberspace Administration Office and Shanghai Data Administration have issued a policy document titled "Several Measures of Shanghai to Promote High-Level Opening-Up and Facilitate Cross-Border Data Flows." The measures call for improving infrastructure for cross-border data circulation and pushing forward construction of the national blockchain network’s Shanghai hub. The document specifically mentions strengthening core capabilities including decentralized digital identity, privacy-preserving computing, and cross-chain services. It also backs the buildout of service facilities for cross-border data flows and proposes exploring cross-border data service models based on mutual recognition of rules. In addition, Shanghai said it will support the construction of international data centers to underpin the computing power services industry and related cross-border digital services. The update was carried by Odaily.

Shanghai’s Cyberspace Administration Office and the Shanghai Data Administration have issued a document titled "Several Measures of Shanghai to Promote High-Level Opening-Up and Facilitate Cross-Border Data Flows," according to Odaily.

The measures say Shanghai will improve infrastructure for cross-border data flows and continue work on the national blockchain network’s Shanghai hub. The document also calls for stronger foundational capabilities in decentralized digital identity, privacy-preserving computing, and cross-chain services.

Shanghai will also support the construction of service facilities for cross-border data flows and explore cross-border data service models based on mutual recognition of rules. In addition, it will support international data center construction to serve the computing power services industry and related cross-border digital services.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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