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China's Communist Party Plans To Use Blockchain Technology To Upgrade Social Assistance Programs
Summary: The General Office of the Central Committee of the Communist Party of China and the General Office of the State Council released a policy paper on Tuesday, August 25 offering new guidance on how to manage social assistance systems utilizing blockchain technology. A section of the paper addressing state institutions, enterprises, and social organizations focuses on ...
The General Office of the Central Committee of the Communist Party of China and the General Office of the State Council released a policy paper on Tuesday, August 25 offering new guidance on how to manage social assistance systems utilizing blockchain technology.
A section of the paper addressing state institutions, enterprises, and social organizations focuses on decentralization reforms. The parties addressed are asked to report to country-level officials if they encounter obstacles providing support and assistance to local communities.
To strengthen this country-wide network the party plans to utilize blockchain, 5G networks, big data, and artificial intelligence to offer connected support to those in need of social assistance programs.
By Emily Mason
Tags: Blockchain Use Case,Communist Party of China,Social Assistance Programs
Link: China's Communist Party Plans To Use Blockchain Technology To Upgrade Social Assistance Programs [Copy]
