Internet users in China have unearthed a new tool to subvert the country’s media repression, Blockchain technology. A recent Chinese vaccine scandal was propelled to the limelight with the help of this emerging technology. The scandal revolves around a Chinese drug firm with deteriorated standards for its vaccines that were being delivered to young babies.
The company, Changchun Changsheng, is one of the East Asian nation’s biggest vaccine manufacturers. The same firm was instructed to halt production of numerous vaccine formats last year, owing to bad quality enforcement.
The news was unearthed in the course of an investigation by an unknown reporter, who put the story out on the internet. According to the story, Chinese authorities had found manufacturing issues quite early on, but had ignored them.
The news spread through social media channels in the country, before being quickly stifled by government censorship. Following this move, reports emerged that forces within China’s blockchain community helped to keep the story from being buried.
According to the reports by the Learning English, an Ethereum user shifted a small amount of the cryptocurrency into his own address before adding the censored article into the metatata systems of the transactions.
With the metadata information being public, it was made available for the audiences, outside of the grip of the Chinese authorities. With the story now public, the Chinese officials finally made comment on the scam and initiated proceedings into the company’s activities. Fifteen individuals linked to the company have been detained under the ongoing investigation.
Blockchain carries an official listing of transactions performed among customers belonging to the same online community. It allows transactional facts to be checked and saved securely. This technology has risen to prominence in recent years with the exploding popularity of cryptocurrencies, specifically bitcoin.
Cryptocurrency values are initiated by programmers through a method termed as mining. This occurs users leverage computing power to record transactions, thereby forming a blockchain out of them.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]