TL;DR Breakdown China launches the Hangzhou Data Exchange, a blockchain-powered platform, aiming to revolutionize enterprise Web3 data trading with major tech giants on board. While Hangzhou’s digital economy thrives, China’s broader blockchain initiatives showcase a mix of successes and ongoing challenges, emphasizing the nation’s commitment to digital innovation. Description Hangzhou, China – In a groundbreaking move, China has launched a state-of-the-art data exchange powered by blockchain technology. This monumental step, announced during the 2023 Hangzhou Summit, promises to revolutionize the way enterprises buy and sell Web3 data. With over 300 enterprises on board, including tech giants Alibaba Cloud and Huawei, the Hangzhou Data Exchange … Read more Hangzhou, China – In a groundbreaking move, China has launched a state-of-the-art data exchange powered by blockchain technology. This monumental step, announced during the 2023 Hangzhou Summit, promises to revolutionize the way enterprises buy and sell Web3 data. With over 300 enterprises on board, including tech giants Alibaba Cloud and Huawei, the Hangzhou Data Exchange is poised to become a significant player in the global data market. Contents hide 1 The rise of…