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Shenzhen to Use Blockchain to Register Data Property Rights

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It is reported that on February 20, the Shenzhen Municipal Development and Reform Commission publicly solicited opinions on the \”Interim Measures for the Regis…

Shenzhen to Use Blockchain to Register Data Property Rights

It is reported that on February 20, the Shenzhen Municipal Development and Reform Commission publicly solicited opinions on the “Interim Measures for the Registration and Administration of Data Property Rights in Shenzhen” (draft for comments). The draft clearly states that the registration agency should use blockchain and other relevant technologies to store the registration information on the chain, and properly keep the original certificate of registration and relevant documents and data. The storage period shall not be less than 30 years. The registration authority and its staff have the obligation to keep confidential the data, documents and materials related to the data property registration business according to law.

Shenzhen Development and Reform Commission: The registration agency should use blockchain and other relevant technologies to store the data property registration information online

Interpretation of the news:


Shenzhen, one of the world’s fastest-growing cities, is making significant strides in using blockchain technology to register and administer data property rights. The Shenzhen Municipal Development and Reform Commission has recently made an announcement that it is soliciting opinions on the “Interim Measures for the Registration and Administration of Data Property Rights in Shenzhen.”

The draft of the measures clearly outlines that registration agencies ought to use blockchain and other relevant technologies to store the registration information on the chain. This will ensure that the information stored on the chain is tamper-proof, secure, and irrefutable. This information will be stored on the blockchain network in a manner that is transparent and immutable.

The measures also require that the original certificate of registration and all relevant documents and data be properly kept. The storage period of these documents shall not be less than thirty years. This is to ensure that evidence of property rights is available for a considerable period given the stakes involved.

The proposed measures clearly state that the registration authority and its staff have the obligation to keep confidential the data, documents and materials related to the data property registration business. This aligns with international data protection requirements, and failure to comply with these strict confidentiality regulations may lead to criminal penalties for the offenders.

The use of blockchain technology to manage data property rights will benefit the people of Shenzhen immensely. Blockchain technology guarantees that data is processed fairly, transparently and more efficiently, making it the ideal solution. The blockchain technology is also a key factor in resolving disputes since it is tamper-proof and immutable.

In conclusion, Shenzhen is using blockchain to register and manage data property rights. The use of blockchain technology should ensure that data is processed more efficiently, transparently, and fairly given that blockchain is tamper-proof and immutable. With the proper implementation of the proposed measures, Shenzhen is likely to witness significant growth in business and economic development.

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