China is Becoming a Blockchain-Powered Orwellian Dystopia


 

The Chinese Communist Party powers what’s happening. For the time being.

(From BeInCrypto)

A blockchain-based system in the disguise of social welfare schemes can further add to these diabolical practices. For example, any such system can allow the government to store digital identities of citizens on a blockchain and then use the same system to conduct real-time monitoring of their movement, financial transactions, social media accounts, and other digital footprints.

Reprinted from: https://www.ac2news.com/2019/11/china-is-becoming-a-blockchain-powered-orwellian-dystopia/

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