Express

China's Communist Party Plans To Use Blockchain Technology To Upgrade Social Assistance Programs

Emily Mason

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

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 16 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 21 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? September 16, 2025
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025
  • You need to login to comment.