Recently, the Chinese government, which continues to violently eradicate cryptocurrencies, announced that the Cyber Security Administration has directed all its efforts to accelerate the process of introducing blockchain into various government systems.
According to reports, the Chinese authorities intend to transfer the work of a large number of government departments to the blockchain, we are talking about at least 164 government organizations.
China has always been very positive about distributed ledger technology, calling it the future of the technology space. So, as of today, China intends to introduce blockchain into the industry of government data exchange, energy, and taxation. Also, the report says, in the future, the government intends to use distributed ledger technology to verify international transactions and to control law enforcement agencies.
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