znation
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Activity: 188
Merit: 1
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September 20, 2018, 01:59:17 PM |
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China is only interested in blockchain technology and gains from blochain in science. China may not want bitcoin as its currency or want to create its own crypto currency.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Herbys
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Activity: 238
Merit: 6
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September 20, 2018, 02:05:41 PM |
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The Chinese state corporation from the sphere of rocket and missile weapons, China Aerospace Science and Industry Corporation, announced the introduction of blocking technologies in the field of electronic accounting. They believe it can effectively track data and to ensure their authenticity and this is important.  |
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grabpopcorn536
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Activity: 476
Merit: 12
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September 20, 2018, 02:42:37 PM |
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Chinese market will be the next market boom in crypto fever. Blockchain is believed to be the next large speculative field in China. The ICO ban and trading platform are temporary. China knows that blockchain will become a factor in changing the world. When China opens its doors to ICOs, the development of the blockchain industry is undisputed, as it seems to have set the blockchain industry. And with the possibility of rapid economic development. These are some of the most influential corporations in China: BitMain - NEO Council - OnChain.
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drm
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Activity: 1176
Merit: 1005
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September 20, 2018, 03:25:05 PM |
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They are interested but it's not the technology for them currently, they want something to suppress their people. Something to keep them from being free, bitcoin is not that.
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hometester
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September 21, 2018, 01:05:18 PM |
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I think it's an attempt at domination in certain areas.
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Dolarin
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September 21, 2018, 02:07:47 PM |
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I think it shows how advanced the people of China are. They understand that cryptocurrencies are the future and are ahead of us in this race of blockchain adoption.
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sam andresan
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October 08, 2018, 08:42:25 PM |
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Winning the blockchain race and applying the technology to their One Belt One Road Initiative (OBOR) will allow China to neutralize America’s global influence.
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BagzMM
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Activity: 378
Merit: 10
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October 24, 2018, 01:40:14 AM |
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I think China is giving importance to blockchain is it because China is one of the developing country of the world in terms of technology.
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MonicaSteve
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October 26, 2018, 04:58:29 PM |
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China is always taking advantage of every opportunity in technology to develop. And the blockchians are no exception, they can make a lot of money out of them why they are not, while China is also a country that can be called a leader in technology development at a fast pace.
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pawanjain
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October 26, 2018, 05:12:20 PM |
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The blockchain technology is itself such an important part of the internet that not only China but many other countries have started to recognize it's true potential.
China has been in the crypto space for a long time and since it holds a majority part of the mining operations, China is considered to be an important country for the crypto space.
Despite it's ban on cryptocurrencies it is still operating mining and crypto to crypto trading which shows us that if China is giving so much importance to blockchain and cryptocurrencies then there must be a bright scope of future for blockchain and crypto.
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blueteam09
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📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
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October 26, 2018, 05:43:48 PM |
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China is not the country that created Bitcoin and Blockchain, but it is the largest investor in the world, and the capitalization of that country is also high, so China is considered a country with The most significant influence in Cryptocurrency.
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greeklogos
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October 26, 2018, 07:17:38 PM |
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China slowly wins this world without any war or agression. They are smart people who use their brains in the right way. China is number one in technological sense already and Blockchain technology is also in this list, they see a huge perspective in its use, that's why the interest is so big.
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Barcode_
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APP下载sbapp.io
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October 26, 2018, 07:43:27 PM |
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I think it is because the blockchain technology would be very useful to the financial sector in the future, and China would surely want to be ahead of other countries in adopting new technologies, this would allow China to gain an important position among other countries in order to become one of the financial powerhouse in the world.
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Ciscopro2000
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Activity: 495
Merit: 10
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October 26, 2018, 10:45:53 PM |
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China wants to have their hands on all the new technologies. They want to make sure they don’t fall behind the Western countries. There is a race towards global dominance and the Chinese want to be part of that conversation.
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KryptoKai
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October 26, 2018, 11:02:08 PM |
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Japan has already adopted bitcoin and crypto, if China does not do the same they will fall behind their number one competitor. Something they do not want to do after building up their economy to the powerhouse it is today.
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BlackPanda
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October 26, 2018, 11:04:03 PM |
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We all know that Blockchain is an extraordinary technology. A technology that can create a centralized system that has a very high level of security. I think that the Chinese government is not wrong in making decisions, the right use of blockchain technology will make a country one level better than other countries. China will start and I am very confident that more countries will implement the Blockchain System. |
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darkangel020716
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October 26, 2018, 11:42:53 PM |
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I see that the Chinese government has great potential to receive crypto in the future, if the Chinese government maintains fiat and bans crypto, then the state of China will not be able to compete with other countries, and every aspect of government, economy, military and others.
Importance of Block chain is very important to this age i think that is why China is considering it and doing their best to understand it, It has great potential in the future, This will tell us that Block chain will have a big role in the future of Currency holdings. |
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cahbagus555
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Activity: 756
Merit: 12
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October 27, 2018, 12:36:06 AM |
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China government investing a lot money in digital world. I am believe they sees blockchain technology as an opportunity to expand their services and bussiness. Blockchain technology increasing eficiency and its cost less.
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airdnasxela
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October 27, 2018, 01:10:07 AM |
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Knowing chinese, they are so business minded. From the old times they are the one who are very good in knowing the opportunities in their environment that they can earn money. Here in our country, the richest people are the Chinese businessmen, and the nationals are the one who are the workers of these businessmen. I think they see blockchain technology as an opportunity to create money and maybe the reason why they do not adapt bitcoin is that they do not want to compete with it but to create their own so that they will not have competition.
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