China has embarked on a groundbreaking journey in the digital world, introducing a blockchain-based real-name verification system, an innovative move aimed at enhancing online security and user privacy. This system, named the Real-Name Decentralised Identifier (RealDID), is a collaborative effort between the state-backed Blockchain-based Service Network (BSN) and the Ministry of Public Security’s First Research Institute.

The rollout will be slow, the initial goal being 5 million IDs for year number one

RealDID’s objective is ambitious: to encompass all 1.4 billion citizens in China. However, the rollout will be gradual, with an initial goal of 5 million IDs in the first year. This venture represents a significant shift in how personal data is managed and protected online.

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What sets RealDID apart is its use of blockchain technology. This tech provides a secure and transparent method for managing public keys, crucial for maintaining user privacy. The system operates exclusively within China, a testament to the country’s dedication to self-reliance in technological advancements.

This initiative is not just about improving online security; it’s a statement about China’s position in the digital age. The development of RealDID comes amid increased scrutiny and separation from international blockchain ventures, highlighting China’s commitment to charting its own course in the digital realm.

The system works by enabling users to create multiple public-private key pairs, tied to their real identities but allowing for anonymous online interactions. This means users can engage online without revealing personal details like phone numbers, a significant step forward in protecting individual privacy. Yet, the government retains access to user identities, a necessary measure for legal and security purposes. This balance between privacy and security is a delicate yet crucial aspect of the RealDID system.

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