In order to counter cyber attacks from China, Taiwan uses Web3 to share files after the tour of US House of Representatives Speaker Nancy Pelosi.

Web3 helps Taiwan secure information against cyber attacks

Taiwan Department of Digital Development (MODA) have a plan deployed decentralized technology to its portal in an effort to combat cyber attacks.

The Interplanetary File System (IPFS), designed by Juan Benet in 2014, is a peer-to-peer network that government officials will use for decentralized file sharing to circumvent censorship efforts. IPFS identifies content through hash functions, allowing files stored by multiple parties to be found anywhere and can be accessed using plain HTTP.

The move to upgrade the IPFS follows a controversial visit by US House of Representatives Speaker Nancy Pelosi to Taiwan, the first for a senior official since 1997, despite warnings from China. green.

Ms. Pelosi's visit to Taiwan is not only a geopolitical shock but also a market restlessness. rose to the $23,500 resistance on Aug. 3.

Since the visit, government websites have been repeatedly hacked from the mainland. In an interview with CNA, Digital Minister Audrey Tang affirmed that so far, the MODA website has not been hacked since its launch on the same day the Chinese military began its exercises near Taiwan.

“The site uses the Web3 structure attached to the community and the global Web2 backbone. So if crashed, everything from arrive will also meet the same fate and this seems very unlikely.”

The idea of using IPFS was born after Russia invaded Ukraine, using cyberattacks to take down Ukraine's infrastructure.

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According to officials, Taiwan saw nearly 5 million daily cyberattacks or at least scans for system vulnerabilities last year, 23 times higher than the previous record. The implementation of Web3 is a big step, but the minister emphasized the risks of in money laundering activities.

After the crackdown on the industry of China last year, Taiwan has sprinted and emerged with cutting-edge initiatives with ambitions of becoming a new regional crypto hub. However, the cryptocurrency industry here seems to have stagnated since then, even gradually becoming “cold”.

Recently, the country indirectly banned the purchase of cryptocurrencies with credit cards after the main financial regulator compared with online gambling. However, like many other countries in the world, Taiwan is piloting a national digital currency () own.

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