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America and its military need a blockchain strategy Trevor Logan and Theo Lebryk 5 hours ago (ismagilov/Getty Images) For the first time, China’s five-year plan for social and economic development calls for the use of blockchain applications in supply chain management, e-governance and fintech, as well as related research and development on smart contracts, asymmetric encryption and consensus algorithms. Chinese military publications have consistently proclaimed that blockchain technology will provide the People’s Liberation Army (PLA) with an edge in intelligence, weapons lifecycle, personnel management and information warfare. Greater investment by the Chinese government in a range of blockchain applications risks positioning Beijing as a leader in this foundational technology at the expense of the U.S. national security.