Implementation Path and Policy Recommendations
Phased implementation path
To achieve deep integration with the Harmony Coin platform, a three-stage implementation strategy is recommended:
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.