A Chinese province has used blockchain tech to manage 21 regional prisons. Officials in Zhejiang randomly selected 20 state-owned companies to check for crypto mining activities. Yunnan energy bureau claimed mission accomplished for its mining crackdown.
The world of blockchain moves fast, and nowhere does it move faster than China. Here’s what you need to know about China’s block-world in the week of Dec. 8 to Dec. 14.
Blockchain in prisons
Chinese media reported on Dec. 10 that 21 prisons in eastern Jiangsu province had successfully passed the Ministry of Justice’s “smart prison” review process. The system is the country’s first attempt to use blockchain technology in managing its prison system. The province aims to set up an integrated online platform to manage the region’s prisons, incorporating more than 800 functions and 1,200 procedures to streamline the assessment of prisoners, administrative rewards and punishments, commutation of sentences,…