Can China leave the US behind in blockchain technology?
China’s Blockchain Interest Increases
Even before Chinese President Xi Jinping made a blockchain-focused statement, the Chinese administration, which has turned to an incredible rate of blockchain, has paved the way for blockchain initiatives.
According to a CNBC report, China can easily surpass America and such giants in blockchain technology. In an interview with Garrick Hileman, a researcher at the Blockchain platform, it was emphasized that this was not limited to China and the United States and that steps were taken on this issue around the world.
China, which has a very optimistic attitude about Blockchain, has an interesting stance on Bitcoin and crypto currency.