National Development and Reform Commission: Will explore the application of Blockchain technology in credit information sharing.

According to the Gate.io News bot, the Securities Times reported that Li Chunlin, the Deputy Director of the National Development and Reform Commission, introduced the technical support plan for credit information sharing at a press conference held by the State Council Information Office. The National Development and Reform Commission has now adopted new technologies such as privacy computing for the sharing application of credit information to drop the risk of information leakage.

Li Chunlin stated that the National Development and Reform Commission plans to explore the application of blockchain technology, promote the “on-chain” of key data, and achieve data encryption processing and process plasticity.

Source: Wu Shuo, Securities Times