PANews reported on September 14 that the State Council approved the implementation plan for the pilot program of comprehensive reform of market-based allocation of factors in some regions of the country, including: 1. The implementation plan for the pilot program of comprehensive reform of market-oriented allocation of factors of production in key cities in southern Jiangsu points out that it is necessary to promote green financial reform and innovation experiments, explore green asset transactions based on blockchain, and encourage the development of green financial products; 2. The implementation plan for the pilot program for comprehensive reform of market-oriented allocation of factors in Hangzhou, Ningbo and Wenzhou points out that it encourages the use of new technologies such as privacy computing and blockchain to promote the integration and in-depth development of public and social data; 3. The implementation plan for the pilot program of comprehensive reform of market-oriented allocation of factors in the Hefei metropolitan area points out the use of technologies such as blockchain, privacy computing, and quantum encryption to improve the efficiency of data circulation transactions, ensure the security of data circulation, deepen the social experiment of artificial intelligence, and explore innovative applications of blockchain. 4. The Zhengzhou City Comprehensive Reform Pilot Implementation Plan for Market-Oriented Allocation of Factors points out the use of data protection measures such as trusted identity authentication, data signatures, interface authentication, data traceability, and new technologies such as blockchain to strengthen the security protection of computing power resources and data resources; 5. The Changsha-Zhuzhou-Xiangtan pilot program for comprehensive reform of market-oriented allocation of factors points out that it is necessary to carry out data transactions based on existing trading venues, strengthen the innovation of underlying blockchain technologies, cultivate the blockchain industry ecosystem, and explore the construction of a blockchain standard system.PANews reported on September 14 that the State Council approved the implementation plan for the pilot program of comprehensive reform of market-based allocation of factors in some regions of the country, including: 1. The implementation plan for the pilot program of comprehensive reform of market-oriented allocation of factors of production in key cities in southern Jiangsu points out that it is necessary to promote green financial reform and innovation experiments, explore green asset transactions based on blockchain, and encourage the development of green financial products; 2. The implementation plan for the pilot program for comprehensive reform of market-oriented allocation of factors in Hangzhou, Ningbo and Wenzhou points out that it encourages the use of new technologies such as privacy computing and blockchain to promote the integration and in-depth development of public and social data; 3. The implementation plan for the pilot program of comprehensive reform of market-oriented allocation of factors in the Hefei metropolitan area points out the use of technologies such as blockchain, privacy computing, and quantum encryption to improve the efficiency of data circulation transactions, ensure the security of data circulation, deepen the social experiment of artificial intelligence, and explore innovative applications of blockchain. 4. The Zhengzhou City Comprehensive Reform Pilot Implementation Plan for Market-Oriented Allocation of Factors points out the use of data protection measures such as trusted identity authentication, data signatures, interface authentication, data traceability, and new technologies such as blockchain to strengthen the security protection of computing power resources and data resources; 5. The Changsha-Zhuzhou-Xiangtan pilot program for comprehensive reform of market-oriented allocation of factors points out that it is necessary to carry out data transactions based on existing trading venues, strengthen the innovation of underlying blockchain technologies, cultivate the blockchain industry ecosystem, and explore the construction of a blockchain standard system.

The State Council approved the implementation plan for the pilot program of comprehensive reform of market-oriented allocation of factors in some regions, and Southern Jiangsu plans to explore innovat

2025/09/14 18:18

PANews reported on September 14 that the State Council approved the implementation plan for the pilot program of comprehensive reform of market-based allocation of factors in some regions of the country, including:

1. The implementation plan for the pilot program of comprehensive reform of market-oriented allocation of factors of production in key cities in southern Jiangsu points out that it is necessary to promote green financial reform and innovation experiments, explore green asset transactions based on blockchain, and encourage the development of green financial products;

2. The implementation plan for the pilot program for comprehensive reform of market-oriented allocation of factors in Hangzhou, Ningbo and Wenzhou points out that it encourages the use of new technologies such as privacy computing and blockchain to promote the integration and in-depth development of public and social data;

3. The implementation plan for the pilot program of comprehensive reform of market-oriented allocation of factors in the Hefei metropolitan area points out the use of technologies such as blockchain, privacy computing, and quantum encryption to improve the efficiency of data circulation transactions, ensure the security of data circulation, deepen the social experiment of artificial intelligence, and explore innovative applications of blockchain.

4. The Zhengzhou City Comprehensive Reform Pilot Implementation Plan for Market-Oriented Allocation of Factors points out the use of data protection measures such as trusted identity authentication, data signatures, interface authentication, data traceability, and new technologies such as blockchain to strengthen the security protection of computing power resources and data resources;

5. The Changsha-Zhuzhou-Xiangtan pilot program for comprehensive reform of market-oriented allocation of factors points out that it is necessary to carry out data transactions based on existing trading venues, strengthen the innovation of underlying blockchain technologies, cultivate the blockchain industry ecosystem, and explore the construction of a blockchain standard system.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ripple CEO Confirms Privacy as Next Stage for XRP’s Institutional Expansion

Ripple CEO Confirms Privacy as Next Stage for XRP’s Institutional Expansion

Ripple advances XRP privacy to attract major institutional blockchain adoption. Confidential transactions and smart contracts set to reshape XRP Ledger. New privacy features aim to balance compliance with institutional confidentiality. The XRP community witnessed a significant revelation after Ripple CEO Brad Garlinghouse confirmed that privacy will drive the next phase of XRP’s institutional adoption. According to Vet, the discussion between him and Garlinghouse centered on strengthening privacy within the XRP ecosystem. This development aligns with the broader goal of creating a compliant yet confidential environment for institutional transactions. Ripple has progressively built the XRP Ledger into a robust infrastructure for real-world use cases. It has introduced decentralized identifiers, on-chain credentials, and permissioned domains to ensure compliance and security. Moreover, the network now features multipurpose tokens that simplify tokenization while its native decentralized exchange merges AMM liquidity with a traditional order book. Despite these advancements, one crucial element remains—privacy. Also Read: Swift Exec Mocks XRP as “Fax Machine,” Sparks Furious Clash with Crypto Fans Developers and Ripple Leadership Target Privacy Layer for Institutional Use Developers and Ripple executives agree that privacy will complete the ecosystem’s institutional framework. The upcoming privacy layer includes functions under proposal XLS-66, allowing institutions to lend and borrow assets using tokenized collateral. This system leverages zero-knowledge proofs to conceal sensitive balance and transaction data while maintaining compliance visibility for regulators. Hence, institutions can protect competitive data without compromising transparency. Ripple’s Senior Director of Engineering, Ayo Akinyele, emphasized the scale of this transformation. He stated that trillions in institutional assets will likely transition on-chain over the next decade. To achieve this, his team is developing confidential multipurpose tokens scheduled for launch in the first quarter of 2026. These tokens will enable private collateral management and secure asset handling across financial platforms. Smart Contracts and Privacy Bridge to Institutional Era Smart escrows proposed under XLS-100 and upcoming smart contracts in XLS-101 are expected to support these privacy-driven functions. Together, they will form the foundation for private institutional transactions within the XRP Ledger. This strategic focus marks a defining step toward positioning XRP as a trusted infrastructure for large-scale financial institutions. As privacy becomes the bridge connecting compliance with confidentiality, Ripple’s roadmap signals its readiness to lead blockchain adoption in traditional finance. Also Read: Shiba Inu Approaches Critical Price Zone as Bulls and Bears Battle for Control The post Ripple CEO Confirms Privacy as Next Stage for XRP’s Institutional Expansion appeared first on 36Crypto.
Share
Coinstats2025/10/05 22:14