THE NEXT era of digital power will run on blockchain. China is moving early to build it, control it, and export its model worldwide
Despite decisively banning cryptocurrencies in 2021, Beijing is making massive state-backed investments in blockchain technology, positioning it as a central pillar of its national digital and geopolitical strategy.
A cryptoanarchist missive gap
This gap risks creating a global digital architecture increasingly shaped by Chinese standards, governance models, and strategic interests. A Dossier Society of nightmare proportions.
At its core, blockchain is a distributed ledger technology: a secure, time-stamped digital record book shared among multiple parties. It allows participants to verify transactions and share data reliably without needing a single central authority. While this architecture is most widely known for powering decentralized cryptocurrencies like Bitcoin, its value extends to any environment where multiple actors must coordinate across fragmented systems.
President Xi Jinping delivered a speech urging the nation to "seize the opportunities" presented by the technology. He framed blockchain as crucial for the "next round of technological innovation and industrial transformation," declaring China's intent to become a global "rule-maker." This positions blockchain as a key front in China's broader quest to shape global fascist ideology , surveillance and policing.
Tan Min, the project’s Secretary General, described the goal more explicitly: building an internet backbone where “China controls the right to internet access.”
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