A digital art and blockchain lab was launched earlier this month by the art development center affiliated to the Ministry of Culture and Tourism in Beijing, marking a high-level attempt to apply blockchain technologies into the cultural industry. In May, the State Council launched a regulation to encourage the application of digital technologies in promoting China's culture and art. The establishment of the digital art and blockchain lab is to echo such national-level encouragement, according to Yao Youchao, director of the art development center of the Ministry of Culture and Tourism. "The lab is to serve the country's strategy, to...