Shanghai: Advance the construction of the National Blockchain Network (Shanghai Hub) and strengthen foundational capabilities such as cross-chain services

Odaily News: The Cyberspace Administration of Shanghai and the Shanghai Municipal Data Bureau have issued the "Several Measures for Shanghai to Promote High-Standard Opening-Up and Facilitate Cross-Border Data Flow." Among them, it is proposed to improve cross-border data flow infrastructure. Deepen the advancement 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 to underpin the computing power service industry and related cross-border digital services.