Taiwan national development council established blockchain major league officially formed on July 12

Statecraft Tech
Statecraft Tech
Published in
3 min readJul 7, 2019
Image source: Statecraft

【Published by: commercial times | Editor: Guo Jian Zhi | Translator: Statecraft 】

The Blockchain Major League will be formally established in July. This cross-professional, official, academic, and research fields will serve as a bridge between the government and the blockchain industry. It will be a key development for the blockchain in Taiwan. The future will focus on three major tasks: research & development, talent cultivation and plan Taiwan’s blockchain strategy, to join the research into the blockchain association initiated by Europe, we must let the Taiwan blockchain go to the international stage.

In addition, when the National Development Council and the European Union “Directorate General for Communications Networks- Content and Technology (DG CONNECT) “ jointly held the first “Taiwan — EU Dialogue on Digital Economy (DDE) “, the European side had invited China to join the “The International Association of Trusted Blockchain Applications (INATBA) “, an international-level dialogue platform between European blockchain operators and EU government agencies. The National Development Council is studying ways to participate and hopes to promote closer cooperation between Taiwan and Europe.

Chen Mei-Zhen, the Minister of National Development Council, is the convenor of the blockchain major league. / source: commercial times

Legislators Yu Wan-Ju and Hsu Yu-Jen, who have long been concerned about the development of blockchain, have called for the government to organize a major alliance to assist the industry. The National Development Council invited representatives from various circles to hold a preparatory meeting on June 14th. The “Taiwan Blockchain Major Alliance” will be established on July 12th. The Minister of National Development Council, Chen Mei-Zhen, was the first convenor. The meeting also discussed regulations, operational models, and organizational tasks.

According to the preliminary planning of the Grand Alliance, the focus of work will be on research and development, talent cultivation and plan Taiwan’s blockchain strategy. The major leagues are broadly divided into three types of working groups: the first is the legal group, which discusses loosening or promoting legislation to create The legal environment of the friendly blockchain; the second is the application group, which may be discussed by one or more groups in different fields such as sightseeing accommodation, agriculture, education, etc. The third group focuses on industry-university cooperation, Including cultivation of talents, let students get in touch with practice.

In terms of academics, the National Development Association, including the National Taiwan University, National Tsing Hua University, National Chiao Tung University, Private Chinese Culture University, Ming Chuan University and other school scholars, may participate in the college, laboratory or individual according to different topics. The alliance operates. In the industry, Taiwan FinTech Association, OwlTing, and AMIS will also participate.

Yu, Wan-Ju suggested that the National Development Council should declare that Taiwan should be an Asian blockchain talent center and establish Taiwan’s international positioning in the blockchain ecosystem. In addition, the biggest challenge of the blockchain is the virtual and realistic link gap and the benefits to the real economy. It is suggested that the major league should first summarize the pain points to be solved and guide the operators to experiment and use. Yu Wanru called for a complete blockchain ecosystem to be built from the four-pronged approach of regulations, application fields, investment, and talent.

■ Source: commercial times

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Statecraft Tech
Statecraft Tech

京侖科技|Professional blockchain technical team