China is Crushing The U.S. in Blockchain Adoption

[int03h]

China is only interested in Blockchain technology and it will do everything to bring Blockchain applications into the fields it manages.
In the United States, they don't ban blockchain development, but they will do everything for their country's blockchain to be regulated.
The number of users and the amount of money invested in cryptocurrencies in the US is much larger than that of China. The United States will create a healthy environment for Blockchain to grow but doing so will have few companies that meet SEC standards. And China is trying to monopolize when it tries to launch cryptocurrency and blockchain applications.
I think China is doing a good job of building a Blockchain country but not in the cryptocurrency business. They are building a blockchain rather than building a cryptocurrency trading market.

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[bigcash2011]

I think what ever the current scenario is regarding blockchain and crypto around the world, i think there will be a time when eventually every country will allow, legalize, register and also encourage the use and implimentation of both blockchain and crypto and that time will be massive as far as adoption is concerned.

[key4co.in]

China is Beating The U.S. in Blockchain Adoption.  READ THE FULL ARTICLE VIA THE LINK BELOW https://worldpublicityblog.com/index.php/2019/11/30/china-is-beating-the-u-s-in-blockchain-adoption/

The most amazing aspect of this is that China has the largest population, hence widespread adoption of blockchain in China means a lot. Basically, it's gaining relevance in many sectors presently. For now, just blockchain technology is being adopted, crypto still has a long way to go before mainstream adoption will come.

[oktana]

I think what ever the current scenario is regarding blockchain and crypto around the world, i think there will be a time when eventually every country will allow, legalize, register and also encourage the use and implimentation of both blockchain and crypto and that time will be massive as far as adoption is concerned.

there needs to be an influential voice from the government, or adoption will only be stable in the "inside" category of the company

From the articles I read, most patents are only owned by large companies. but after Xi Jinping issued a statement, the wave of new patents from various Chinese companies rose sharply, even though they did not yet have accurate data and were still unilateral claims. If Donald Trump does the same thing, I'm sure AWS will far surpass Alibaba from corporate indicators.

[pixie85]

China is unstable in their policies. One day they want something and the other they they ban it. How can you praise such country?

If they adopt it for a year and then ban it like they did with exchanges in 2014 they will do much worse for the industry than if they never touched it.

Also how can a country that is banning exchanges and once threatened to ban mining a good thing for cryptocurrencies? They aren't beating the USA at all.  

[sockpuppet1911]

Sorry to say but it is true. Not just blockchain but mobile apps and even fintech payments, china has beaten the rest of the world.

Anyone wants to know what it is like out there,,, just visit a small city there, not to say even Beijing just visit a small 1 million people city and you will see payments with cheap phones everywhere. People are not stuck on credit cards like the rest of the world and Chinese will be using blockchain and crypto one day without them even realizing.

This is because as a total dictatorship they would like an absolute surveillance nation, this can be arranged with private blockchains and projects like VeChain, that basically are for anti counterfeiting but in reality can track any product on the side because of the transparency. Like i said, total surveillance.

[Katashi]

This is the result if you are backed by your own president and I'm guessing that there will be more blockchain apps submission in China next year since the developers get the approval and support from their own government. U.S. is still hard to get but they are very active in crypto regulations so if they come up with a solution then I bet that they will not let China to be on top in blockchain adoption.

[Metall303]

China so far is simply talking about accepting the blockchain, but there is no evidence of their dominance. they can change all their decisions very quickly. maybe tomorrow we will see news about the fact that China does not want to use blockchain

[crazy-pilot]

The world is moving towards the adoption of cryptocurrencies and it makes me very happy. In fact, there is not much difference who wins this battle.

[alrose]

China is Beating The U.S. in Blockchain Adoption.  READ THE FULL ARTICLE VIA THE LINK BELOW https://worldpublicityblog.com/index.php/2019/11/30/china-is-beating-the-u-s-in-blockchain-adoption/

I am very encouraged and glad that a power like China is strongly supporting the development of blockchain technology. It is also a very good sign representing the generation of civilization 5.0. But using this blockchain technology is not an easy one either. In some Southeast Asian countries are also trying to apply this blockchain technology but it is quite difficult because the majority are poor people and they have difficulty in applying blockchain technology.

What does this have to do with people and governments like China? We do not consider the possibility of a single person and the whole country.Blockchain as a technology can be applied in many areas, regardless of the status of people.The only question is whether countries are ready to accept blockchain?Read a very interesting article and most likely You will understand that not every country is ready to fully accept blockchain:https://medium.com/readwrite/is-crypto-the-missing-ingredient-for-universal-basic-income-ab7f0f6e0111

[Aabcde]

I believe that any country that adopts the blockchain seriously will surely win against any country that has not implemented the blockchain. It just so happens that China is becoming very enthusiastic right now.
The adoption of the blockchain in China also hasn't seen results yet. Moreover, we do not yet know the impact of what happens on the world of crypto because China bans crypto for its citizens. But clearly, China is very ambitious to be the first in any case. This can be seen from the economic sector primarily.

[VanDeinsberg12]

China is Beating The U.S. in Blockchain Adoption.  READ THE FULL ARTICLE VIA THE LINK BELOW https://worldpublicityblog.com/index.php/2019/11/30/china-is-beating-the-u-s-in-blockchain-adoption/

I am very encouraged and glad that a power like China is strongly supporting the development of blockchain technology. It is also a very good sign representing the generation of civilization 5.0. But using this blockchain technology is not an easy one either. In some Southeast Asian countries are also trying to apply this blockchain technology but it is quite difficult because the majority are poor people and they have difficulty in applying blockchain technology.

It's not a good news to hear by us these days. Remember china is talking about the blockchain system and they have stated so many times if there will be no correlation with adoption to the cryptocurrency as a tech that use blockchain too. This news seems not a good news at all.
Blockchain needs more r&d and that's why not all of sectors can fit with the implementation of blockchain right now.

And China are going to ban crypto. Its much worse for industry

That's true and we need the third party who can create a gateway between that things.

[michellee]

In technology, China can compete with the US and the other big countries because they have resources, and they have skills to create or modify something. We can see around us that many products are from China, and it is no surprise if the Chinese can beat the US. I think if they can use blockchain technology in their countries, that will give a big impact on the financial system, and that means, the adoption might become from Chinese.

[el kaka22]

I hate these type of topics that talk about the governments interacting with our project.

China or USA or any other country for that matter should not be important in bitcoin world, we have created the bitcoin ecosystem all because we were sick and tired of the fact that politicians and wall streets of the world managed to corner the financial market and the wealth inequality grew too big so there was a lot of people with billions of people and there was a lot of people who die of starvation (there still is) and bitcoin was just a method we tried to combine the powers of the regular people against the rich people yet here we are all talking about how the goliaths of huge two nations racing each other to blockchain adoption. They will turn it into something bad for sure.

[Tcode53]

China started a country wide initiative to rapidly adopt Blockchain Technology and ‘urgently’ develop use cases. Blockchain projects are really thriving in china, In no time all platform will be Blockchain integrated

[TheClownSong]

China is Beating The U.S. in Blockchain Adoption.  READ THE FULL ARTICLE VIA THE LINK BELOW https://worldpublicityblog.com/index.php/2019/11/30/china-is-beating-the-u-s-in-blockchain-adoption/

China is one country that is open to new technologies and is able to adapt and take advantage of these new technologies. With adoption, I think the Chinese Government will become the world's biggest economic power in a short period of time and might be able to surpass the Americans who still stutter in the face of Libra Coin

[DDante]

Since i have been in crypto space almost all asian projects are well made by serious teams especially korea and china projects, i personally like investing in asian project because they always want to work hard