Blockchain Now Powers Parts of China’s Social Credit System
Data sharing of social credit scores across provinces is now possible thanks to Remin Chain, a permissioned blockchain product from Hangzhou’s Hyperchain Technology.
By Forkast.News Staff
In Brief:
China's social credit system is getting an upgrade thanks to blockchain.
Right now the system is siloed along provincial borders, meaning data is not transferred when someone moves from province-to-province.
While many perceive blockchain to be a tool for popular liberation, it's being used in China to increase state monitoring of individuals.