China is the leader of the blockchain?

[TooDumbForBitcoin]

It sound true. Seems China/Hong Kong is actually a lot more flexible in regulation questions for blockchain things.  And Chinese devs demonstrate high professionalism

[mrdeposit]

China now really attaches great importance to blockchain technology, and it is normal to increase investment. But it is still too early to be a blockchain leader. China's blockchain technology is not very good now. Need to develop.

The recent transformation of China into one of the leading countries in terms of development is evidence of how innovative they are. This is normal when we consider that Blockchain is also an innovative technology.

[anatolij.shishkin]

China now really attaches great importance to blockchain technology, and it is normal to increase investment. But it is still too early to be a blockchain leader. China's blockchain technology is not very good now. Need to develop.

The recent transformation of China into one of the leading countries in terms of development is evidence of how innovative they are. This is normal when we consider that Blockchain is also an innovative technology.

While you are riding a porsche, China creates skyscrapers of rice. So be prepared that they will soon occupy the entire market. And we will be working on their projects. I am sincerely taking away the government of this country, they have created a whole empire today and continue to evolve.

[Mighty_crypt]

Either this news is real or not I just kinda like Asian part because of there better cryptocurrency adoption rate ,imagine even not so popular Asian coins and tokens since 2018 keeps there value and not affected by the present bearish market price ,for example metacoin ,even listed on only one exchange and still be able to keep value ,I think Asian part of the world are the real crypto adopters ,they care more about its survival not quick gains

[zhekinsp]

China now really attaches great importance to blockchain technology, and it is normal to increase investment. But it is still too early to be a blockchain leader. China's blockchain technology is not very good now. Need to develop.

So what will be the benefit they can make from it by implementating it everywhere? I don't think they want decentralized payment system for their people so it is really hard to say what is their aim for doing it.

[Mpamaegbu]

With their ban and unban of crypto , I see them not knowing which way to go and they are very large population which is very unique when we talk about getting involve in any business activities so if they are leading I will not be surprise but the way their government is going about banning crypto or not is just a very confusing step and if they pull out the market will surely survive without them.

I tend not to even believe the OP for the simple fact that he didn't share a link to the news he shared. It could be bogus for all we know. We all remember how the Chinese government dumped, banned, and forced every exchange in China to close shop in 2017. It was a remarkable event for me then as a new entrant to the crypto industry. And now someone is hyping of how China is going to be a crypto leader in the world? I don't believe it.

[maculeth]

but I'm still confused too, why they banned the crypto market, while the crypto market is always related to the blockchain. Is this something normal if China will be number one for the blockchain implementation?

[alt-fire]

Chinese area are always like a black horse. We don't know what expect, but need to say that this region very strong in crypto (including blockchain develop's).

[Alijiindahaus]

Chinese area are always like a black horse. We don't know what expect, but need to say that this region very strong in crypto (including blockchain develop's).

It seems to me that the information that as far back as 2018 almost 70% of all Bitcoin transactions were conducted using Chinese mail.ru, was repeatedly announced. And this, in turn, suggests that control is still in this Lebanon. Nevertheless, I could always say that the new projects in the field of the cryptocurrency market, which were being conducted by the Chinese, did not have a problem. Projects have always been honest and with responsible teams.

[o.ogurlu]

Many countries around the world are working on developing blockchain technology. Currently China is the largest country supporting the blockchain technology. Also Russia is helping in a very serious way to Blockchain. And I think Russia will be the leader of the Blockchain in the future.

[ned.ryerson]

Many countries around the world are working on developing blockchain technology. Currently China is the largest country supporting the blockchain technology. Also Russia is helping in a very serious way to Blockchain. And I think Russia will be the leader of the Blockchain in the future.

I do not think so. I think that Russia will prohibit the use of cryptocurrency on the territory of the state. Russia will create its own cryptocurrency and only it can be used in this country

[Collinberg]

The Chinese are definitely at the forefront of Blockchain development at the moment, infact most of the most notable projects so far has come from that region of the world but I think it is too early to decide who is leading in the development of Blockchain Technology.

[AUruHM]

Many countries around the world are working on developing blockchain technology. Currently China is the largest country supporting the blockchain technology. Also Russia is helping in a very serious way to Blockchain. And I think Russia will be the leader of the Blockchain in the future.

I do not think so. I think that Russia will prohibit the use of cryptocurrency on the territory of the state. Russia will create its own cryptocurrency and only it can be used in this country

Yes, agreed. With Russia gov's idea to make inner Web as in China they will get local crypto for local use. Now the world is not one country only. Such technology must develop worldwide otherwise it will be a hobby or experiment.
China is strong in blockchain but we need all forces united for good progress.

[kincit88]

yes, because most of the crypto money turnover comes from China ... China also creates a lot of good altcoins like Tron and Neo ... in the next few years I think China will still dominate

[Kezacky]

China is indeed a country that has large users in the cryptoqurency world, one of them as you say that many large companies have adopted blockchain technology. if they can develop this program well, it may also be that China can take the lead in this field.

[akram143]

The population also more higher in the China so definitely the possibility of more users in cricket field will available is more higher but we don't have a clear cut statistics about cryptocurrency field so the future will be the solution for everything to decide which will be the best ever country to make money from cryptocurrency.

[MOProgress]

In this I will rather do it by continent, because I doubt if China is really leading n blockchain, but I believe that Asia has more block chain adoptors than any other continent in the world.

[EducoinVietnam]

The Chinese authorities have invested about $6 billion in the development of the blockchain this year. Does this mean that China will become a leader in this area? Will the projects of Chinese companies increase in price or remain at the same level?

The Chinese are increasingly pleasantly surprised by the world in the development of their technologies and projects. Therefore, it is quite logical that in the near future China will become a confident leader among promising and useful blockchain projects. This is a very wise and hardworking country in which many smart investors and developers live.

[airdropan]

any source from what you said?
but i think that quite right, when you remember after china banning crypto all the market being dump
that mean china being the biggest blockchain country

[miklesm]

Wow, $6 billion is a huge amount of money. China has always been following trend technologies and blockchain is not an exception, so they are definitely one of the leaders in this area.