Xi Jinping recently reiterated his blockchain-positive stance, praising the technology for its vast application. One application that the president of China did not specifically mention, but is coming to fruition, is its possibility to measure dedication to the Communist Party.
A new App in China has been launched that allows for members of the Communist Party to pledge their allegiance and loyalty to the ruling government by writing down and recording reasons they joined. These reasons are then stored on an immutable, but transparent, blockchain ledger.
China has had a double-edged relationship with blockchain. The country is in strong favor of the immutable ledger and its possibilities but actively shuns the decentralized economic system that has spawned with it. The main reason for this is the fact that they can garner more control from the technology.
‘Chain of Aspirations’
The platform is called Lian Shang Chuxin, which loosely translates to Chain of Aspirations. It has been likened to the now-well-known Study Xi Strong Country app — which is a tool inspired by the teachings of Chinese President Xi.
Unsurprisingly, this platform was launched by a branch of the ruling party, the People’s Daily — the official mouthpiece of the Communist Party. It also comes at a time when the growth of state-sponsored blockchain projects is on the rise; none more so than the People’s Bank of China’s (PBoC) own cryptocurrency, which is soon to launch.
This app may not be the most high-tech or advanced usage of blockchain, but it does paint a rather vivid picture of where the Chinese government envisages the technology to be utilized. With the Lian Shang Chuxin, the notion is that the blockchain can be used to store these thoughts in a virtual time capsule with the capsule being opened and viewed on the Party’s anniversary each year or the party members’ “political birthday” — the day they joined the Party.
China’s Blockchain Aspirations
The recent revelations from President Xi have sent the cryptocurrency and blockchain world into a spin. Having been mostly precluded from the growing blockchain ecosystem, China is now officially back on the map.
However, this re-entrance into the blockchain sphere has come with a stern warning that it will not be a reawakening of cryptocurrency usage in the country. Early laws saw the likes of Bitcoin and other decentralized cryptocurrencies quashed. Still, that void has allowed for the PBoC to take control of this facet of the technology with its own Chinese Digital Currency or Electronic Payments system (DCEP).
Blockchain is a tool for China; it is a tool for its control and state-wide vigilance over its citizens. Little use cases like Lian Shang Chuxin are insignificant in their application, but they are evidential of how blockchain will be grown and utilized in the highly-populated nation.
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