Binance’s new blockchain research institute in China has forged a strategic partnership with a state-level supply chain innovator to jointly develop digital infrastructure for small and medium enterprises (SMEs) in the country.
Announced today, July 3, the institute’s new partner is Zhongshang Beidon; a state-level enterprise for supply chain innovation that ultimately falls under the oversight of a ministerial-level organization known as the State-Owned Assets Supervision and Administration Commission of the State Council” — or SASAC.