China’s Dive Into Blockchain, Digital ID Spurs Rest of World to Action

China's Dive Into Blockchain, Digital ID Spurs Rest of World to Action

Identity digitalization: How China is taking major steps to use blockchain in the government sector. News on crypto and blockchain technology is coming in abundance from China. This became especially true in late October 2019, when the Chinese President Xi Jinping called for accelerating the use of blockchain technology in the country.President Xi identified dozens of use cases that should be promoted: loans, health care, anti-counterfeiting, charity and food security. Xi emphasized that blockchain…

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