News: China plans to implement blockchain as part of an overhaul of its charity tracking system, the country’s Ministry of Civil Affairs (MCA) revealed in its action plan Monday, September 10.
As part of the latest initiative involving the use of blockchain tech at a state level, the MCA’s four-year plan through 2022 pledges to “explore the use of blockchain technology in charitable donations, charity tracking, transparent management” and elsewhere.
Officials will also “build a tamper-proof charity organization information query system and enhance the authority, transparency and public trust of information publishing and search services.”
Blockchain will take priority within the plan, with the system monitoring charitable donations to be upgraded by the end of this year. The plan confirms that the blockchain tech component was chosen to “complete the new round of the ‘Charity China’ platform’s upgrade.”
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