Cyberspace Administration of China published draft regulations on Friday for public consultation until November 2Latest regulations come after activist posted letter alleging cover-up of sexual harassment on a blockchain, which cannot be erased or changed
The clash of blockchain with China's censorship apparatus is going to be monumental. They managed to censor internet "successfully", but censoring public blockchains is impossible. https://t.co/nz2h0f1hFE
Welcome to China, where you literally have a facial recognition camera on every street corner, and a social rating system based on your "behavior" Wonder how long before you have to install mandatory spyware on your phone. Oh wait, they already did that too... https://www.theregister.co.uk/2017/07/24/china_installing_mobile_spyware/
China is really raising their game when it comes to AI and technology, but there's a problem to this because it's prone to hacking, which could lead to identity theft. Besides, who's to say that the government won't use this blockchain-based technology to control their people and watch over them? This is bad news, I tell you!