China to Enhance Data Security with Blockchain and Privacy Computing

According to BlockBeats, Li Chunlin, Deputy Director of the National Development and Reform Commission, announced at a press conference that the commission is strengthening technical support to ensure data security. The initiative includes the application of privacy computing and other new technologies to facilitate the sharing of credit information while minimizing the risk of data breaches. Additionally, the commission plans to explore the use of blockchain technology to secure critical data by encrypting it and making processes more adaptable.