According to Chinese official army <a href="http://www.globaltimes.cn/content/1170370.shtml">newspaper</a>, People’s Liberation Army (PLA) Daily, the Chinese military could deploy blockchain technology to manage personnel data, boost training and mission performances; and reward soldiers with earned tokens that could be redeemed. Experts claim that the move could give more immediate incentives to military personnel compared to previous reward systems.

Moreover, as Blockchain technology gains popularity in the field of management, its use in military could enhance the innovative development of military management, according to PLA Daily. In addition, blockchain could be used to store military personnel data such as basic information, career path, and missions undertaken. 

Ideally,Blockchain technology, which has been described as an open and distributed ledger; or record of transactions between two parties that cannot be tampered with. It could be used to store military personnel data including basic information, career path, missions undertaken and rewards received, the daily said, noting that these data are technically ensured to be real and trustworthy.
<h2>Military Token Reward System</h2>
Furthermore, the token reward system should be based on criteria such as training, specialty skills, task completion among others. The report added: “To award or deduct tokens according to one’s daily performance and thus generate an objective assessment; would effectively energise the human resource management.”

Additionally, Since blockchain technology can record data on military training, professional skills and missions assigned; a soldier's performance record could be calculated and evaluated and a good performance; would be rewarded with additional tokens; and bad performance resulting in a deduction of tokens, as per the report.

Such a system could be a more immediate incentive, according to an unknown expert familiar with administrative work in the PLA. “It sounds similar to a KPI [key performance indicator] system that will give feedback to the troops very frequently," the expert said, noting that the PLA might still need to know what the rewards might be.
<h2>Chinese Blockchain Dominance</h2>
In conclusion, since China’s President Xi Jinping publicly endorsed<a href="https://www.cryptoknowmics.com/crypto/chinas-spending-on-blockchain-technology-will-exceed-2-billion-in-2023/"> blockchain</a> back in October; government authorities, corporates and state media have been going crazy over the technology and its use cases. Earlier this month, government authorities in Shanghai, along with China’s central bank and other banks, formed a blockchain alliance to improve trade finance operations. China is also almost ready to launch its own state-backed national digital currency after five years of research and development.

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China’s Military might Adopt Blockchain Management

According to Chinese official army newspaper, People’s Liberation Army (PLA) Daily, the Chinese military could deploy blockchain technology to.... %

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China’s Military might Adopt Blockchain Management

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