News Snapshot:
The Chinese government released its very first blockchain or distributed ledger tech (DLT) application blueprint for managing government services. As noted in the blueprint documents, 140 government service applications are using some type of blockchain technology. These software applications include data sharing and exchange services, special programs for business collaborative processing, and tools for managing digital certificates. The Chinese official overseeing the blueprint and related projects stated : “Blockchain is a breakthrough in data sharing which is difficult to get through the traditional sharing way … ‘electronic certificate storage’ means that the [digital] certificate is stored on the chain, and...
