China to use blockchain, big data to flag illegitimate charities

3 months ago
0 Comments
245 Views

Chinese government is planning the implementation of blockchain technology and big data analysis to track authenticity of charitable organizations. 

The country's Ministry of Civil Affairs has revealed that it has a 4-year plan through 2022 within which it will “explore the use of blockchain technology in charitable donations, charity tracking, transparent management whereby they will build a tamper-proof charity organization information query system and enhance the authority, transparency and public trust of information publishing and search services.”  

The state will also use Use big data technology to screen illegal social organization information on the Internet and provide specific clues to combat illegal social organizations. They will therefore be able to identify legitimate social organizations in search results and service lists, intercept and block illegal social organizations, and earnestly safeguard and protect the legitimate rights and interests of the broad masses of the people.  

Comments

  • No Comments Yet. Be the first to comment

Related

What’s the future of cryptocurrencies in Africa?

It means change, and a lot of people in our very divided continent are not ready for this change but ...

10 months ago Read More
Ripple Partners With Saudi Arabian Monetary Authority To Offer Pilot Program For Banks

Ripple has announced an agreement today, Feb. 14, with the Saudi Arabian Monetary Authority (SAMA) t ...

9 months ago Read More
VENEZUELA'S NEW BITCOIN

Venezuela's new bitcoin: an ingenious plan or worthless cryptocurrency? ...

9 months ago Read More
Malaysian firm adds Islamic certification to Cryptocurrency

Malaysian firm adds Islamic certification to Cryptocurrency ...

9 months ago Read More

Most Read

Employers have a reason to smile as new technology exposes cheats

Certificates are acquired without requiring one to step into a classroom. ...

2340 Views | 0 Comments
How Kenya Airways is using IoT, AI for predictive airplane maintenance

By the time the plane is coming back from London, Paris, or where it is, the engineer is in Nairobi ...

1209 Views | 0 Comments
Cryptocurrency integration inevitable as Nyeri embraces bitcoin

Betty's Place in Nyeri, which is accepting bitcoin (Photo courtesy) ...

1058 Views | 0 Comments