Great!

According to Odaily Planet Daily, the National Development and Reform Commission, the National Data Bureau, and the Ministry of Industry and Information Technology issued the (Guidelines for the Construction of National Data Infrastructure).

The guidelines mention the establishment of a nationwide integrated distributed digital identity system to standardize identity generation, registration and authentication mechanisms.

At the same time, a unified data asset certificate and transaction certificate structure will be established to support the use of blockchain, encryption technology, smart contracts and other means to improve the traceability and trustworthiness of certificates.

Industries and localities are encouraged to explore the construction of new technical facilities such as blockchain networks and privacy-preserving computing platforms to ensure trusted data collection, encrypted transmission, reliable storage, and controlled exchange and sharing.