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2019-11-20 03:30:37

China may soon integrate blockchain in military

China may soon incorporate blockchain in military as the country aims to bolster military operations, enhance the performance of those in the frontline, and reward them with tokens. These days, blockchain and distributed ledger technology are grabbing the attention of the Chinese government because of their abilities in cross-sectorial applications and sectors beyond finance, the industry it initially set out to transform. Because the technology is based on data shared, distributed, and stored on a network of computers, it can thus be seen as a secure and tamper-proof source of information. Given the strong endorsement by Chinese President Xi Jinping,