Turan Vural

PhD student, University of California, Los Angeles

Turan is a PhD student at the University of California, Los Angeles, researching decentralised internet protocols. He completed his master’s at Tsinghua University as a Schwarzman Scholar, where he wrote his thesis on Web3 infrastructure in China. He seeks to foster cross-pacific collaboration in Web3, and is active in the space as a consultant and cybersecurity researcher.

Silhouettes of laptop users are seen next to a screen projection of binary code are seen in this picture illustration taken 28 March 2018. (Dado Ruvic/Illustration/File Photo/Reuters)

Web3 with Chinese characteristics: Finding China's solution for regulators, developers and users

Crypto ban notwithstanding, China’s getting firmly in the act of building Web3 infrastructure to its specifications. While China is unlikely to allow global Web3 to play a role in its economy or the lives of its citizens, Chinese developers and entrepreneurs remain fascinated by the promise of global Web3 platforms and cryptocurrencies. This portends the development of two blockchain markets in China: one which caters to those who “jump” the virtual fence to join in the global Web3 movement, and one which uses blockchain in line with Beijing’s vision.