The Ministry of Digital Affairs of Taiwan is scheduled to make its formal debut on August 27, with the intention of incorporating decentralized technology into its web portal as a defense mechanism against cyberattacks. InterPlanetary File System, often known as IPFS, is a Web3 technology that will be used by the government authorities for the purpose of decentralized file sharing.
IPFS identifies material by using file hashes, which enables files that have been stored by a number of different parties to be located anywhere and accessed using the standard HTTP protocol.
As of this coming Saturday, the new ministry will be in responsible for formulating policies regarding information, telecommunications, communications, information security, and the internet.
It would seem that the cyber conflict between China and Taiwan has spread into the Web3 domain, where decentralized networks like the InterPlanetary File System (IPFS) have shown to be an effective tool in the fight against distributed denial-of-service (DDoS) assaults.
Audrey Tang, Taiwan’s Minister of Digital, stated to the official state media that the MODA website has not been attacked since it first went live on the same day that the Chinese military started its drills. Tang’s comments came in response to a question about whether or not the MODA website has been targeted.
He stated that:
It uses a Web3 structure, which is tied to the global blockchain community and the global Web2 backbone network. So if it can be taken down, everything from Ethereum to NFTs will be taken down, which is unlikely.
The government in Taiwan has a shaky relationship with the crypto industry. Nevertheless, the government is testing out a central bank digital currency (CBDC), joining the ranks of many countries across the globe. It has already begun distributing its digital money to five banks in Taiwan.