Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China uses blockchain technology to regulate livestreaming e-commerce

December 23, 2020


Abstract : The market regulation authorities in east China's Zhejiang Province have officially launched a blockchain-powered mobile app to improve regulations of the burgeoning livestreaming market.

HANGZHOU, Dec. 22 (Xinhua) -- The market regulation authorities in east China's Zhejiang Province have officially launched a blockchain-powered mobile app to improve regulations of the burgeoning livestreaming market.

The app was released in the provincial capital of Hangzhou. According to the local market regulation administration, it would play a significant role in the supervision and law enforcement of mobile social media and livestreaming e-commerce platforms.

Livestreaming e-commerce has rapidly developed into an important marketing method in the internet economy. However, problems such as sellers infringing on consumers' rights and interests to boost their popularity and profits are becoming increasingly prominent.

As a mobile app based on Android, the app can help law enforcement officers obtain evidence on relevant mobile apps, programs, and livestreaming sessions through screen capturing and voice recording anytime and anywhere.

The system will automatically generate an evidence document containing the blockchain information to ensure that the evidence is not manipulated and can be tracked. Enditem

Scan the QR code and push it to your mobile phone

Keyword: blockchain livestreaming

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial