Shanghai issues measures to facilitate cross-border data flow, advancing the construction of the national blockchain network Shanghai hub
BIBIBI
AT A GLANCE
Shanghai proposes advancing the development of the Shanghai hub of the national blockchain network and strengthening foundational capabilities such as cross-chain interoperability.
Article
[Shanghai: Advance the construction of the national blockchain network (Shanghai hub), strengthen foundational capabilities such as cross-chain services]
The Cyberspace Administration of Shanghai and the Shanghai Municipal Data Bureau issued the "Several Measures of Shanghai Municipality for Promoting High-Standard Opening-Up and Facilitating Cross-Border Data Flow." Among them, it is proposed to improve the infrastructure for cross-border data flow. Deeply advance the construction of the national blockchain network (Shanghai hub), and strengthen foundational capabilities such as decentralized digital identity, privacy computing, and cross-chain services. Support the construction of cross-border data flow service facilities, and explore cross-border data service models based on mutual recognition of rules. Support the construction of international data centers, and support the computing power service industry and related cross-border digital services.
Key points
01
The Shanghai Cyberspace Administration and the Shanghai Data Bureau issued the "Several Measures of Shanghai Municipality to Promote High-Level Opening-Up and Facilitate Cross-Border Data Flows."
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The document proposes improving infrastructure for cross-border data flows.
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The document calls for the in-depth advancement of the national blockchain network (Shanghai hub), strengthening foundational capabilities such as decentralized digital identity, privacy-preserving computing, and cross-chain services.
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The document calls for supporting the development of infrastructure for cross-border data flow services and exploring cross-border data service models based on mutual recognition of rules.
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The document proposes supporting the development of international data centers to underpin the computing power service industry and related cross-border digital services.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This initiative identifies blockchain hubs, cross-chain services, privacy-preserving computing, and international data centers as priority areas for infrastructure development to support cross-border data flows.
Why it matters to readers
If the relevant initiatives are subsequently implemented, Shanghai will advance infrastructure development including a blockchain hub, cross-chain services, and international data centers; the current evidence does not specify a timeline, budget, or participating entities.
Cross-chain services connect different blockchain networks; privacy-preserving computing performs computation while protecting data privacy; computing power services provide computing resources.
Risks and unknowns
The evidence comes from a Telegram repost and does not include a link to an original document published by the Shanghai Cyberspace Administration or the Shanghai Data Bureau.
The construction scope, timetable, and participating entities of the national blockchain network (Shanghai hub) are not clearly defined.
The specific projects and implementation status of the cross-border data service facilities and international data centers are not clearly defined.
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Related concepts
Decentralized Digital Identity
This term is not in the glossary yet. Browse related concepts in the glossary.
