China will establish a digital identity chain based on legal documents and build a distributed digital identity architecture

BlockBeats news, according to Beijing Daily, on August 25, led by the First Research Institute of the Ministry of Public Security, the "research and application of digital identity blockchain technology based on legal documents" was officially launched and entered the implementation stage. As the underlying platform of blockchain, "Chang 'an Chain" will support the construction of China's authoritative and trusted digital identity chain and build a high-performance distributed digital identity architecture. It is reported that in the future, daily travel, electronic payment, public services and other aspects will be more convenient, personal privacy information will also be better protected. Typical scenarios such as Internet of Things devices, public services and electronic payments will be the first to pilot applications. With verifiable digital identity certificate instead of the original park card, access card and other passes, not only convenient access, but also improve the security of the community; Using their digital identity credentials instead of the original certificates, dozens of government services can be achieved "one card to do"; In terms of electronic payment, citizens are supported to associate multiple bank accounts with distributed digital identities to achieve "one authentication, multiple transactions".