Shanghai Policy Package Backs Blockchain Use in Gaming and Esports

According to Xinmin Evening News, the measures support blockchain in copyright registration, rights protection, trading, and settlement, alongside artificial intelligence large models, big data, cloud computing, and game development tools.

Summary

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Terms & Concepts
  • blockchain: A shared digital ledger that records transactions in a tamper-resistant way across a distributed network.
  • settlement: The process of completing and recording a transaction, including the final transfer of assets or payments.
  • cloud computing: On-demand access to computing resources such as storage and processing power over the internet.