China is the leader of the blockchain?

[dipeco]

China is the leading player in the blockchain development among the countries that is for sure. I have no doubts that China is going to be one of the first countries that will present its own crypto currency and maybe will replace USD as a backup currency by cryptos.

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[Adriano2010]

Well indeed, as i know on China are most % of miners, but there are some countries who use a lot blockchain and also there are a lot of miners on a other countries, but China is the main country and also miners for bitcoin are build there.

[jackflag]

China is like a source of cryptocurrency.  Which diverges across the country.  I do not think that he will refuse mining.  And it is not strange that he leads in mining.  Because it all began with this country.

[ameliana]

Well indeed, as i know on China are most % of miners, but there are some countries who use a lot blockchain and also there are a lot of miners on a other countries, but China is the main country and also miners for bitcoin are build there.

there are also many big projects in China, one of which is NEO and that is a very good project.

but if China bans blockchain then it is very bad because it will greatly affect crypto.
so I agree if China is the crypto leader.

[Eadefemi]

China has recently shown interest in the mass adoption of cryptocurrency. I won't be surprised if they become the world's largest. Apart from cryptocurrency, China is always ready to grab business opportunities and that is a good thing for a country.

[EvgenOrel]

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?

I am fully convinced that today China remains the true leader in blockchain technology. It is in China that new promising projects are being launched, many successful investors and traders live. Therefore, I very much hope that China will continue to have a huge positive impact on the development of the crypto market.

[unbotak]

China has recently shown interest in the mass adoption of cryptocurrency. I won't be surprised if they become the world's largest. Apart from cryptocurrency, China is always ready to grab business opportunities and that is a good thing for a country.

China is like a sleeping tiger, they are very enthusiastic in developing their country by doing many things including crypto.
and now China is one of the biggest crypto investors and there are also many successful projects from China, so it makes sense if many people regard China as the crypto leader.

[CoinsOrDie]

Chinese, Koreans or more like the Asians have the highest population of crypto members. Even the father of bitcoin Satoshi is acclaimed to be from China. But what all these show is the reception of China and other Asian countries to advanced financial technologies

[blokklanc]

I am not sure in the source of this info and for me Chine is so controversial country. Once they want to ban crypto, then they are investing in the technology.
What is visible that Chinese people are investing in crypto all over the world.

[senin]

China pays a lot of attention to new technologies. It was the introduction of new technologies that brought this country to the highly developed world states. Therefore, it is not surprising that China has the largest number of patents for inventions using blockchein technology. The blockchein technology now opens up great opportunities for significant improvements in virtually all areas of human activity across the globe.

[Fluxtorrence9]

Mainly Asian continent embraced crypocurrencies and block chain more than every other in my own view because its hard to see coins from Asian continent that got dumped like the rest

[zidanw]

Mainly Asian continent embraced crypocurrencies and block chain more than every other in my own view because its hard to see coins from Asian continent that got dumped like the rest

yes because the continent of Asia needs cryptocurrency because most developing countries are here. on the continent of Asia, the biggest in my opinion in China, because the country is mostly people who are economically advanced and technologically advanced and there are fast.

[BitTraderCute]

China pays a lot of attention to new technologies. It was the introduction of new technologies that brought this country to the highly developed world states. Therefore, it is not surprising that China has the largest number of patents for inventions using blockchein technology. The blockchein technology now opens up great opportunities for significant improvements in virtually all areas of human activity across the globe.

in china we could see any technology developted well there.from basic technology till advanced technology could improved there.they have much resources such as money, employe, infrastructure facilities and many others.and their investors give huge influence to cryptocurrency market.maybe it their government officially announced legalize bitcoin and crypto it will great news for us.

[Simple_Plan]

I think it'd be more precise if the title was: "China is one of the leaders of the blockchain?". Actually, China has so many crypto projects but regarding realistic blockchain projects, there're not so many. There's a fact that crypto start up can bring people quick money but it's not the case for doing a serious blockchain project with real value. Japan, Korea and Singapore maybe equal or even more appropriate to be in the leader position instead of China.

[danielchris]

There is no doubt about China called a king of blockchain. The reason behind it, China have much more involvement in the big or small project. I hope China will legalised bitcoin  crypto in future due to main role play to improve the project day by day & called the hub of  blockchain technology.

[Starfranko]

$6billion is a lot of money. If they have invested that much it should be a confidence booster not only to other economic jurisdictions but to the block chain ecosystem

[Mrsparks]

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?

China's interest so far has been on implementing blockchain technology to improve efficiency and effectiveness on various levels of their society but it's sad that they have not shown interest in cryptocurrencies yet..

[PuertoLibre]

$6billion is a lot of money. If they have invested that much it should be a confidence booster not only to other economic jurisdictions but to the block chain ecosystem

$6 billion is not a huge amount considering the fact investment quantity to the AI and blockchain by different economic countries. The key project is focused to improve the usefulness of AI in the different areas of economy and they have fmous faces from the board of China ggovenrmtet organization. They definitely support the blockchain and their growth rate will be more than the growth rate of combined third world countries.

[rapsa2018]

China banned crypto at my last news so i think people will decide who is the most crypto users at all time that have been settled for all country.

[kingzpro]

What i have observed is that China is more inclined into using and implementing blockchain technology in their businesses for more transparency and efficiency while their govt seems to be strict against cryptocurrencies which is a bit strange, i think it is time China should embrace cryptos open handedly as well and allow crypto trading and payments globally.