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Implementation Path and Policy Recommendations

Phased implementation path

To achieve deep integration with the Harmony Coin platform, a three-stage implementation strategy is recommended:

  • Basic construction phase (2025-2025)

    • Prioritize coverage of core charitable supply chains, pilot settlement in the education and aid sectors, establish basic data standards,
    • Clarify the scope and authority of data collection
    • Promote the “coin + carbon account” model to 10 major hubs.
  • Ecological expansion stage (2025-2027)

    • Connecting multilateral platforms to expand networks in Southeast Asia and the Middle East;
    • Developing dedicated wallets to support financing, discounting and other scenarios;
    • Conducting sandbox trials in free trade zones to test data flow mechanisms.
  • Full integration phase (2028-)

    • Achieve full coverage of the global hub system
    • Establish an international credit union to promote its role as a pricing asset;
    • Form a global risk monitoring system based on real-time data.

Key policy recommendations

To ensure the smooth progress of coordinated development, it is urgent to improve three pillars:

Technical Standards System

  • Establish smart contract development standards to clarify templates and security requirements for various scenarios.
  • Establish cross-chain data interoperability standards to ensure seamless data integration.

Regulatory framework innovation

  • Piloting a “data customs” system in the Guangdong-Hong Kong-Macao Greater Bay Area will allow the transmission of anonymized data.
  • A platform licensing system will be established to clarify the boundaries of rights and responsibilities.

International cooperation mechanism

  • Promote the inclusion of projects in the RCEP framework and jointly formulate a dispute settlement convention with ASEAN.