Express

Huawei Launches Blockchain Platform So Beijing Government Can Manage Citizens' Data

Emily Mason

Summary: Chinese company Huawei has built a blockchain platform to help the Beijing government track and manage citizens' data, according to a recent report by People's Daily on Monday, August 24. The new platform forwards the mission of China's "New Infrastructure Initiative" which aims to create safe storage for peoples' data which can be easily shared ...

Chinese company Huawei has built a blockchain platform to help the Beijing government track and manage citizens' data, according to a recent report by People's Daily on Monday, August 24.

The new platform forwards the mission of China's "New Infrastructure Initiative" which aims to create safe storage for peoples' data which can be easily shared between government agencies. Beijing plans to create a blockchain network encompassing 50 agencies within the region.

Data stored on the platform will include medical records, property registration and real-time car parking information. 
By Emily Mason

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 10 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 1 day ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • You need to login to comment.