CAICT Launches "Computing Power Token (Token) Overseas Ecosystem Plan"

PANews June 30 news, reported by Securities Times, to promote the high-quality and standardized development of China's computing power token going overseas, and to address common industry challenges such as cross-border compliance, standard systems, and ecological synergy, the China Academy of Information and Communications Technology (CAICT), together with multiple core units in the upstream and downstream of the industry chain, jointly launched the “Computing Power Token (Token) Overseas Ecosystem Plan”. The plan takes “assess the situation, aggregate the ecosystem, and optimize the pathway” as its core direction, focuses on the key links and common pain points of the entire industrial chain of computing power token going overseas, combines CAICT's research accumulation and technical capabilities in computing power, digital infrastructure, cross-border data compliance and other fields to provide the industry with dynamically updated research findings and public services, and promotes the upgrade of China's computing power token overseas industry from the initial exploration stage to a standardized, efficient, and sustainable high-quality development stage.