Chinese authorities from Zhejiang Province have recently <a href="http://en.people.cn/n3/2020/1223/c90000-9802170.html" target="_blank" rel="nofollow noopener">launched</a> a blockchain-based mobile app. According to the announcement, the app has been launched to improve the regulations of the rapidly growing live streaming market, to regulate it better. 

The Chinese authorities have released this app in the provincial capital of Hangzhou. The local market regulation administration has stated that the app will be playing a major role in both supervision and law enforcement of various platforms. It will include all the mobile <a href="https://www.cryptoknowmics.com/news/how-decentralized-data-sharing-platforms-can-free-media-from-unethical-practices/">social media platforms</a> and several live streaming e-commerce platforms. 
<h2>Chinese Authorities Sees Consumers Rights Infringement as Major Concern</h2>
Live streaming <a href="https://www.cryptoknowmics.com/news/nearly-20000-transactions-conducted-in-digital-yuan-through-jd.com">e-commerce</a> is the platform that comes among the rapidly growing sectors in the market. People across the world have adopted such platforms massively as it provides great convenience. However, it has been seen that there are many problems which are harming the consumer rights and interest. One such problem is consumer rights infringement by the sellers, which they generally do to increase their popularity as well as profits. According to the Chinese authorities, this is among the major reasons why they have decided on launching this blockchain-based app. 
<h2>Obtaining Evidence Through Blockchain App by Chinese Authorities</h2>
According to the announcement from the <a href="https://www.cryptoknowmics.com/news/china-drafts-law-to-legalize-digital-yuan-while-banning-competitors/">Chinese authorities</a>, this blockchain-based app is widely available for android devices because there is a majority of Android users out there as compared to any other software. Through this app, law enforcement officers will be able to easily gather evidence on different mobile platforms. They will be able to do so by screen and voice recording that could be done anytime and anywhere. The reason for using blockchain here is to ensure complete transparency so that no one will be able to manipulate or tamper with the evidence. Along with this, it gets completely easy to track something down using <a href="https://www.cryptoknowmics.com/news/future-outlook-of-blockchain-technology-possible-predictions-by-experts/">blockchain technology</a>.

Chinese Authorities Launches Blockchain App to Regulate Live Streaming Market

Chinese authorities have recently launched a blockchain-based mobile app to improve the regulations of the rapidly growing live streaming market.

Vandana has received Master of Arts degree in English from GEU Dehradun. She is currently working as a content writer with Agio Support Solutions and earlier worked as a sub-news editor at Business News and Information Services Private Limited. She is an enthusiastic content writer and aims to bring a compelling yet informative content to the audience. Meanwhile, enhancing her own knowledge in the cryptocurrency and blockchain industry.

Chinese Authorities Launches Blockchain App to Regulate Live Streaming Market

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