Last week NASDAQ-listed China Internet Nationwide Financial Services (
CIFS) announced it was setting up a research center with
Tsinghua University. The research will focus on enterprise blockchain.
In 2016 the university was also involved with the much-publicized Walmart/IBM blockchain food provenance test. Tsinghua is one of the elite Chinese universities, and an alumnus is current President Xi Jinping who graduated in 1979.
The solutions developed will be targeted at Chinese companies. Research will cover several sectors including medical, agricultural, pharmaceutical, energy, banking and others.
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