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A blockchain is a type of distributed ledger technology can be termed as DLT, consisting of a decentralised network of fixed or unchangeable databases, shared equally across the system. In the very beginning age of development of blockchain technology, blockchain has shown great potential in different areas from crypto currencies to smart contracts and so on [10, 11].

During the opening of the European Blockchain Partnership, Mariya Gabriel, EU Commissioner for Digital Economy and Society, clearly and boldly mentioned that “in the future, all public services will use blockchain technology”. As this tending technology continues to develop and attract keen attention and consciousness, regulation of blockchain is becoming an important and needful discussion.

In the fourth section of our Blockchain series, the regulatory measures and challenges associated with blockchain management are going to be discussed.