SCO Bolsters Blockchain Collaboration, Sets Stage for Long-Term Digital Integration

The Shanghai Cooperation Organization (SCO) has significantly elevated its focus on blockchain technology and digital collaboration during its recent summit in Tianjin, marking a significant shift towards long-term technological partnerships. Leaders from member states, including President Xi Jinping of China and President Vladimir Putin of Russia, emphasized technological security and cross-border cooperation. While the summit lacked specific mention of cryptocurrencies like Bitcoin or Ethereum, experts anticipate this initiative will foster sustained research and development in areas like blockchain and data exchange, aiming to establish international standards for these technologies.