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Author Topic: China believes blockhcain is the fourth industrial Revolution  (Read 154 times)
Snaic
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August 08, 2018, 07:32:43 PM
 #41

Yes, China, like all other countries, fully endorses the promise and advantages of blockchein technology. Now in China, the largest number of patents for the introduction of blockchein technology. Although the Chinese government is showing solidarity with the rest of the world. On the introduction of crypto currency, the Chinese government holds its opinion that decentralized crypto currency is a threat to the existence of the economy and therefore developed a two-year program to completely ban decentralized crypto currency. They are developing their own approach to cryptovoltnosti and while it is still very difficult to understand because of conflicting actions in this area. In general, we should recognize that the isolated position of the Chinese government in other areas of management has brought China a good success in its development and it deserves respect. So let them experiment. If its own path in relation to the crypto currency is dead-end, China will return to us.

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August 08, 2018, 07:36:36 PM
 #42

I read somewhere on Twitter yesterday that China has revoked the passports of multiple crypto developers and put them to work.

First I was surprised China has any crypto developers as they've contributed fuck all to Bitcoin itself. Second, can China possibly shut out the rest of the world when the rest of the world is using Bitcoin and buddies and not whatever they come up with?

You can do that easily enough with stuff like social media. Money has a far stronger incentive to seep in and out.

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August 08, 2018, 11:02:15 PM
 #43

Right. China's Blockchain industry will continue to grow. Blockchain technology has great potential for transforming business models, but much of this potential has yet to be explored. Ethereum is leading the smart contracting platform, and other platforms such as Qtum and NEO also contribute to the development of Blockchain integration into the business world, by providing unique and innovative solutions.
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August 08, 2018, 11:44:58 PM
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China is truly one of the nations the world should keenly watch for them and no wonder they have foreseen this revelation with regards to blockchain. It think is about time most nation see this as a big opportunity and buy these ideas.
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August 08, 2018, 11:53:01 PM
 #45

China is flamboyant and friendly to everything it can control and benefit from, so it is in favor of blockchain technology but at the same time it is a fierce critique of bitcoin

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August 08, 2018, 11:57:31 PM
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Of course, I also realize, that the times continue to grow and the world community enjoys technological developments. Almost all the world community holds smartphones. And from this, we see a great opportunity for Blockchain. Do you get my points?

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August 09, 2018, 12:23:17 AM
 #47

i dont know about china, someday they block bitcoin for some reason, and then bitcoin is legal again, and then they block ICO. and right now they think that blockchain is the industrial revolution, are they think that bitcoin and ICO project is work in blockchain system? are tehy want to use their power to "play" with bitcoin price?

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August 09, 2018, 12:25:22 AM
 #48

That is very good news for everyone in blockchain. We all know that blockchain is really helpful, this is really the best technology so far for this generation and it will continue to improve until next generation. For me, blockchain is just starting, there's still a lot of time.

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August 09, 2018, 12:31:23 AM
 #49


blockchain is no industrial revolution its just a new way to decentralise power.

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