{"id":145916,"date":"2023-02-05T08:00:00","date_gmt":"2023-02-05T00:00:00","guid":{"rendered":"https:\/\/www.mediaintel.asia\/?p=913257"},"modified":"2023-02-05T08:00:00","modified_gmt":"2023-02-05T00:00:00","slug":"china-reveals-huge-blockchain-cluster-that-could-be-a-taste-of-our-dystopian-future","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2023\/02\/05\/china-reveals-huge-blockchain-cluster-that-could-be-a-taste-of-our-dystopian-future\/","title":{"rendered":"China reveals huge blockchain cluster that could be a taste of our dystopian future"},"content":{"rendered":"<div align=\"center\"><a href=\"https:\/\/www.mediaintel.asia\/\" title=\"MediaIntel.Asia provides Media Intelligence and Media Monitoring in Asia\" ><img src=\"https:\/\/www.mediaintel.asia\/wp-content\/uploads\/mediaintelasia-logo-blackyellow-400x300-1.png\" border=\"0\" width=\"200\" height=\"150\" alt=\"MediaIntel.Asia\"><\/a><\/div>\n<p>Audio player loading\u2026<br \/>\nChinese media have revealed details on the country\u2019s huge blockchain effort to handle its population\u2019s data, and what it\u2019s capable of is almost unthinkable.<br \/>\nAccording to BJD (opens in new tab), the Beijing behemoth which has been dubbed the \u2018Honeycomb\u2019 comprises 1,000 high-performance servers, the sum of which is able to handle 240 million smart contract transactions every single second.<br \/>\nIt\u2019s said that data security and privacy, with a large portion of data verification, will underpin the transactions across a number of industries including travel, online shopping, hospital registrations, financial settlements between enterprises, government collaboration, and much more.<br \/>\nTechRadar Pro needs you! (opens in new tab)<br \/>\nWe want to build a better website for our readers, and we need your help! You can do your bit by filling out our survey (opens in new tab) and telling us your opinions and views about the tech industry in 2023. It will only take a few minutes and all your answers will be anonymous and confidential. Thank you again for helping us make TechRadar Pro even better. D. Athow, Managing Editor<br \/>\n\u2018Honeycomb\u2019 blockchain cluster<br \/>\nThe country\u2019s two-year-old home-grown \u201cindependently controllable blockchain software and hardware technology system\u201d, Chang'an Chain, is behind this latest Beijing development.<br \/>\nSome have touted this as a significant moment for China, as countries like the US have imposed a number of restrictions that prevent the trade of certain technologies.<br \/>\nThe fact that the country is able to sustain such significant builds and developments is a testament to the fact that it may no longer require other countries\u2019 inputs, placing it ahead of many.<br \/>\nBJD claims that the blockchain cluster could serve to break up \u201cinformation islands\u201d and allow over 80 departments and 16 districts to collaborate and share data more effectively, all in an effort to nail the \u201ccoordination\u201d of its governance system.<br \/>\nThe report indicates that it would \u201cgreatly facilitate people\u2019s lives\u201d, however for many, it may just be one more step in the wrong direction as the Republic continues to gather more data on its citizens.<br \/>\nRead our pick of the best cloud hosting providers<br \/>\nVia The Register (opens in new tab)<\/p>\n<p>This data comes from <a href=\"https:\/\/www.mediaintel.asia\/\" title=\"MediaIntel.Asia provides Media Intelligence and Media Monitoring in Asia\" >MediaIntel.Asia's Media Intelligence and Media Monitoring Platform<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Audio player loading\u2026<br \/>\nChinese media have revealed details on the country\u2019s huge blockchain effort to handle its population\u2019s data, and what it\u2019s capable of is almost unthinkable.<br \/>\nAccording to BJD (opens in new tab), the Beijing behemoth which has been&#8230;<\/p>\n","protected":false},"author":253,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65,144,671,288,194,493,78,1542,120,100],"tags":[7705,3472,10315,8864],"class_list":["post-145916","post","type-post","status-publish","format-standard","hentry","category-beijing","category-china","category-finance","category-medicine","category-news-chinese-law","category-online-shopping","category-software","category-technology","category-travel","category-website","tag-blockchain","tag-chinese","tag-media-intelligence","tag-news-media"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/145916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/253"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=145916"}],"version-history":[{"count":1,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/145916\/revisions"}],"predecessor-version":[{"id":145917,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/145916\/revisions\/145917"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=145916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=145916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=145916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}