The Next Foundation
The blockchain, a kind of digital ledger of economic transactions, is characterized by decentralization, a timestamped series of immutable records of data and collective maintenance.
In promoting new technology innovation, the blockchain technology can be an important breakthrough for China’s independent innovation of core technologies. It is particularly suitable for promoting the modernization of the country’s governance system and capacity.
Using the technology, government agencies and other public departments can advance coordination based on data sharing. This will benefit the public while reducing operating costs. Initial results have been achieved by introducing the blockchain technology to share
