This article is contributed by our content partner, Nexchange NOW.
The Chinese military could benefit from the blockchain, the Global Times reports citing the People’s Liberation Army (PLA) Daily.
The PLA could reportedly use the technology to store military personnel data including basic information, career path, and missions undertaken. It could theoretically boost training, too – using the stored data, the military could reward tokens to the achievers and deduct them from underperformers. The system, the newspaper said, could help make troop evaluations more objective.
That said, the system may need some tweaking:
An anonymous expert familiar with administrative work in the PLA told the Global Times on Sunday that compared with previous reward and promotion systems used in the PLA, such as merit citations that were given only upon outstanding achievements and rank promotions which are based on years of service and long-term performance, the token system could be a more immediate incentive.
“It sounds similar to a KPI system that will give feedback to the troops very frequently,” the expert said, noting that the PLA might still need to figure out what the rewards might be.
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Original Article: http://www.nexchangenow.com/news/blockchain/71631/the-pla-could-get-blockchained/