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Blockchain-based ID Verification for 1.4 Billion Citizens: China

Blockchain-based ID Verification for 1.4 Billion Citizens: China


Coinpedia
2023-12-12 06:28:58

The post Blockchain-based ID Verification for 1.4 Billion Citizens: China appeared first on Coinpedia Fintech News China’s BSN initiative will verify the real names of its 1.4 billion citizens using blockchain technology, raising data privacy concerns. This follows similar measures on social media platforms, requiring creators with over 500,000 followers to display their real names. BSN claims RealDID is the world’s first national-level digital identity system. The U.S. recently removed China’s …


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