China RealDID
China Real-Name Decentralized Identifier System (China RealDID, Chinese: 实名DID) is China's national-level decentralized identifier system.[1] China RealDID was officially launched on December 12, 2023, by the First Research Institute of China's Ministry of Public Security and the Blockchain-based Service Network (BSN) China.[2]
China RealDID was developed as a real-name identity verification system based on blockchain technology, including real name verification, data encryption for personal data protection, secure private logins, business identity checks, and personal identification certificate services.[3] It allows Chinese residents to access online services using DID addresses and private keys,[1] maintaining anonymity with business platform operators while upholding real-name compliance in accordance with Chinese legislation that requires real-name registration for online accounts.[4][5]
In November 2024, China RealDID underwent trials in Hong Kong, allowing Mainland Chinese citizens traveling to the city to verify their identities across borders while maintaining anonymity in KYC processes for purchasing regulated stablecoin and tokenized financial products without presenting a physical ID.[6]
Anicert, a wholly owned subsidiary of the Ministry's First Research Institute,[7] oversees the issuance, management, and verification of user identities for over 1.4 billion Chinese citizens through its Cyber Trusted Identity (CTID) system, which is already in use for identify checks within China by banks and other institutions.[8]
BSN China's Yan'an Chain, launched on June 9, 2023,[9] functions as the underlying open and transparent blockchain environment.[10]
See also
[edit]- Self-sovereign identity
- Identity-based security
- EU: eIDAS compatible European Self-Sovereign Identity Framework (ESSIF)
- USA: Electronic Signatures in Global and National Commerce Act
- Internet real-name system in China
References
[edit]- ^ a b "China to Verify Citizens' Identities With New Blockchain-Based Platform". markets.businessinsider.com. Retrieved 2024-02-04.
- ^ "Blockchain-managed IDs arrive in China with new government-backed scheme". South China Morning Post. 2023-12-14. Retrieved 2024-02-04.
- ^ "FSDC Paper No.61. Realing the Potential of Blockchain in Advancing Hong Kong's Financial Services Industry" (PDF). Hong Kong Financial Services Development Council. 2024-03-01. Retrieved 2024-06-13.
- ^ "China may require real-name registration for Internet access". NBC News. 2012-12-25. Retrieved 2024-02-04.
- ^ "数字身份进行时：BSN实名DID服务发布 - 经济观察网 － 专业财经新闻网站". The Economic Observer. Retrieved 2024-02-04.
- ^ "Mobile driver's licenses to launch in Hong Kong in 2025". Biometric Update. 2024-11-11. Retrieved 2024-11-18.
- ^ "今年实现身份证电子化，CTID 平台加速推广" (PDF). Huaxi Securities Industry Report. 2022-03-13. Retrieved 2024-02-04.
- ^ McConvey, | Joel R. (2023-12-13). "China's project to verify real-name digital ID leans into national blockchain ambitions | Biometric Update". www.biometricupdate.com. Retrieved 2024-02-04.
- ^ "第二届区块链服务网络（BSN）全球技术创新发展峰会在汉举办". Hubei Provincial People's Government. 2023-06-09. Retrieved 2024-02-04.
- ^ "BSN实名DID服务发布会在北京召开_中国网". China.org.cn. Retrieved 2024-02-04.
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