China has launched a blockchain-enabled platform to supervise ex-prisoners and those on parole and probation, and plans a credit evaluation system for them by the end of this year. Ex-offenders in Guangzhou's Chancheng district will wear smart wristbands that trace their location and alert the authorities if they leave a designated area. A high credit rating from the system would help the ex-offenders find a job and apply for financial help. The launch comes as China increases its use of blockchain technology, with the central government planning to introduce national blockchain standards.
China has launched a blockchain-enabled platform to supervise ex-prisoners and those on parole and probation, and plans a credit evaluation system for them by the end of the year. Ex-offenders in Guangzhou's Chancheng district will wear smart wristbands that trace their location and alert the authorities if they leave a designated area. A high credit rating from the system would help the ex-offenders find a job and apply for financial help. The launch comes as China increases its use of blockchain technology, with the central government planning to introduce national blockchain standards.