China seeks to use blockchain to decentralize social services

English Aug 26, 2020

The Chinese Communist Party has identified blockchain as a key tool for social service innovation across the country.

On August 25, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council published a lengthy policy document that provides regional departments with guidance on reforming and improving China's social assistance system.

The key to the project is based on the role played by modern technologies and digitization, which the Communist Party addresses throughout the article and analyzes in a section devoted to decentralization reforms.

To make sure everything go as planned, the Party notes that it is gradually working to establish national connectivity and digitalize social security systems. Its strategic vision is to use blockchain technology, artificial intelligence, big data and 5G in the provision of social assistance.

The Party plans to have a national data sharing and exchange system and to improve its database and information management for social assistance carried out by government departments and other regional organizations.


Morel Hernandes

Writer passionate about politics, economics, blockchain and crypto-currencies.