New draft law outlines the framework for a dystopian world, as China moves towards being a cashless society; the law will support a digital economy with transactions lodged in blockchain
"With China planning to spend trillions of yuan on technology upgrades, from 5G to the industrial Internet, and massively boosting its data capacity, a new law governing this new state infrastructure has been announced. It will affect more than just people living in China, as there are international aspects as well."