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China Yet Again Proves Why It Loves Blockchain Technology

china blockchain
China has been intensely focused on the underlying technology and has been consistently filing the most number of patents in blockchain over the last few years. The Chinese government recognises the remarkable capability of blockchain innovation. The legislature and Chinese companies have put millions in blockchain advancement via its investments. Behind the bans and crackdowns, China is discreetly assembling a comprehensive blockchain ecosystem to help and supply the coming techno-financial upheavals of distributed ledgers. This article investigates China’s perplexing connection with crypto. We will see that while state control is a significant factor, coordinated and keen interests in blockchain ventures is making China one of the world’s first economies to grasp the techno
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Picture of Vishal Chawla
Vishal Chawla
Vishal Chawla is a senior tech journalist at Analytics India Magazine and writes about AI, data analytics, cybersecurity, cloud computing, and blockchain. Vishal also hosts AIM's video podcast called Simulated Reality- featuring tech leaders, AI experts, and innovative startups of India.
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