China Plans to Verify Identities of its 1.4 Billion Residents Through Blockchain-Based Platform
China has unveiled plans to use blockchain technology for the verification of real-name identities of its vast population of 1.4 billion people.
The announcement came from the Blockchain-based Service Network (BSN), China’s national-level blockchain initiative, according to a report from the Insider .
The initiative, named RealDID, was spearheaded by China’s Ministry of Public Security in collaboration with BSN.
The launch of the RealDID service will enable users to register and log in to websites anonymously using decentralized identity (DID) addresses and private keys.
This approach ensures that personal information remains disconnected from business data and transactions.
In October, Chinese state media reported that the country’s top six social media platforms, including WeChat, Sina Weibo, Douyin, Kuaishou, Bilibili, and Xiaohongshu, would require content creators with over 500,000 or 1 million followers to publicly display their real names or the names of their financial backers.
BSN highlighted that this implementation represents the world’s first national-level real-name decentralized identity system.
BSN China, operated by China’s National Information Center in collaboration with Chinese tech giants China Mobile and China UnionPay, oversees domestic operations, while BSN Global manages international operations as a separate entity with its own security measures.
Last month, US lawmakers introduced a bill barring federal government officials from doing business with China-based blockchain firms.
The bill also explicitly blocks U.S. government officials from transacting with iFinex, the parent company of Tether, the issuer of the world’s largest stablecoin, USDT.
The bill is intended to mitigate
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