China Artificial Intelligence Industry Development Alliance (AIIA) has launched
preparatory work to establish a Token Service working group to support
high-quality development of token services. The group is led by the China
Academy of Information and Communications Technology (CAICT) and constitutes 22
organizations, including Huawei Cloud, Baidu Intelligent Cloud, China Mobile,
China Telecom and China Unicom, aiming to coordinate upstream and downstream
industry participants to build a high-quality token service ecosystem.