That will not only be more convenient for the user, but will help prevent the misallocation of funds, says Yao Dingyi, president of the Hainan International Financial Network, which operates the trial system.

CNN: HESE DAYS WHEN CHINESE

Potential participants include users and producers of systems and components for telecommunications carriers, Internet exchanges, financial markets, data centers, multiple system operators (MSOs) networking systems, high-performance computing, network storage and servers and other individuals interested in future IEEE 802.3 Ethernet wireline standards.

ENGADGET: IEEE pushes for Ethernet standard between 400Gbps and 1Tbps, hopes to head off big data crunch