Binance Set’s Up Blockchain Technology Research Institute In China

In the quest to add more knowledge and preach the blockchain to the world, Binance recently announced their entry into China by setting up a Blockchain Technology Research Institute Settles in Shanghai to Create Blockchain Technology Ecosystem.
This was made known by a tweet from their verified Twitter handle. Below is the tweet extract:
“In other news, @BinanceAcademy reached a milestone agreement with the local government and will setup an office in Shanghai. The official signing ceremony just happened today.”

Below is an extract from the Theblockbeats.com report:
“Members of Shanghai Lingang Xinyefang, Lingang Innovation Management College and Binance China’s core team announced in Shanghai on the 27th that they will jointly establish a “Lingang Blockchain Technology Industry Research Institute” to promote research on China’s blockchain core technology Industry application development, industrial ecology creation, and focus on China’s blockchain talent training and knowledge promotion.

Xinhua Finance, Shanghai, March 27th (Reporter Gao Shaohua) Shanghai Lingang Xinyefang, Lingang Innovation Management School and Binance China’s core team members announced in Shanghai on the 27th that they will jointly establish the “Lingang Blockchain Technology Industry Research Institute” “To promote the research of China’s blockchain core technology, industry application development, and industrial ecology, and focus on China’s blockchain talent training and knowledge promotion.

The integrated application of blockchain technology plays an important role in new technological innovations and industrial changes. Hai Yu, head of Binance China’s blockchain technology business, said that blockchain is the core technology of the next-generation digital economy and has broad application prospects in enabling the real economy industry. Blockchain is being used in cross-border integration, industry governance, No other technology can match the capabilities of distributed collaboration and crisis response. The new crown pneumonia epidemic that has swept the world has also made more and more countries and regions around the world see the potential of the blockchain. After the epidemic, it will certainly usher in the large-scale development and comprehensive competition of global blockchain technology and industry. The Lingang Blockchain Technology Industry Research Institute will be committed to creating a core technology industry, cultivating highly sophisticated research talents in the blockchain industry, and jointly empowering the blockchain industry research.

The Honorary Dean of Lingang Blockchain Technology Industry Research Institute and new economist Don Tapscott said that blockchain represents the second era of the Internet-the Internet of Value-and can help us build more innovative and productive organization. This cooperation is an important breakthrough in the independent innovation of the core technology, which provides consulting, training, technology, and talent services to the industry to promote the healthy and orderly development of the blockchain industry.

In the future, the Academy will focus on the research of the independent core technology, industry application and governance model of blockchain technology. By combining the industrial ecology of Shanghai and the Yangtze River Delta region, it will create a blockchain industrial ecosystem and focus on industrial research education and professional function training. It is planned to include the research on the core industry of the blockchain, the digital training courses of Lingang University of Technology, the entry of internationally sophisticated research talents, and the skills training of offline group companies.”

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