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Will China Adopt Blockchain for its Social Credit System?
They said blockchain would bring freedom by challenging world governments and greedy financial institutions. But what if blockchain is the ideal tool to enable totalitarianism? What if China Moves its Social Credit System to Blockchain? A few weeks ago, Chinese President Xi Jinping surprised the world by calling blockchain an important breakthrough, and announcing extra funding for the technology. дальше »
2019-11-15 21:00
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The Double-Edged Sword of Blockchain Technology May See China Recreate Orwell’s 1984
Despite the promise of these innovations, there is a growing concern that governments will begin to use blockchains as a tool to further oppress their citizens, creating permissioned networks that restrict access to capital and essential services on the basis of one’s reputation. дальше »
2019-3-2 06:00
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