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China to Verify Citizens' Identities With New Blockchain-Based Platform

Blockchain technology will be used to verify the real-name identities of China's 1.4 billion people, according to an announcement from the Blockchain-based Service Network (BSN), China's national-level blockchain initiative – a move likely to spark concern among data-privacy advocates. China's Ministry of Public Security spearheaded the initiative, called RealDID, with help from BSN. The RealDID service launch will enable users to register and log in to websites anonymously using DID addresses and private keys, ensuring that business data and transactions remain disconnected from personal information.

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