TL; DR
- China’s new 96-core blockchain chip delivers 50x faster performance than general-purpose processors.
- The integrated system enables secure data sharing between 16 ministries and 27 state-owned enterprises.
- More than 300,000 companies now use this infrastructure for cross-border trade and supply chain financing.
On March 5, 2026, Dong Jin, director of the Beijing Blockchain and Edge Computing Research Institute and delegate to the National People’s Congress — announced the development of China’s first high-speed blockchain chip. The device picks up 96 specialized cores and runs alongside a proprietary operating system built on three million lines of open-source code, designed from the kernel level to extract maximum output from the hardware below.
The performance jump the chip delivers is hard to overlook. While conventional general-purpose processors currently power most blockchain networks, the new Chinese chip handles the fundamental cryptographic operations – signature verifications and hash calculations – via parallel hardware pipelines.
The result: network throughput 50 times bigger than solutions built on standard x86 or ARM architectures. In terms of raw capacity, the system processes hundreds of thousands of transactions per second, a threshold that exceeds the processing power of global payment networks such as Visa or Mastercard.
From the Lab to 16 ministries and 300,000 companies
The technology is already far beyond the experimental stage. At the time of the announcement, the system was already running 16 ministries and commissions of the central government and on the other side 27 state-owned enterpriseswith the aim of breaking down data silos between public institutions and enabling secure information exchange without exposing sensitive data.
The commercial commitment also extends to the private sector. More than 300,000 companies are already using the infrastructure for foreign trade transactions, with transaction volumes exceeding one trillion yuan. In addition, the system processes tens of billions of invoices per yearwhere each document is recorded in an immutable format from the moment of issue.
That eliminates documentary fraud and allows banks to offer near-instant financing to small suppliers, converting accounts receivable into fractional digital certificates that circulate throughout the chain.
In addition to operational efficiency, the project bears the name “China Chip” and pursues an explicit goal of technological self-reliance. By designing and manufacturing the hardware domestically, China is building a digital infrastructure that is not dependent on a foreign supply chain and not exposed to sanctions risks or backdoors at the hardware level. In a climate of escalating global technology tensions, that argument carries as much weight as any performance measure.
Credit : cryptonews.net
