China believes blockhcain is the fourth industrial Revolution - page 3.

Kate Beckett

member

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Merit: 28

Quote from: brawdias on May 26, 2018, 11:46:05 PM

Didn't know that China is friendly to blockchain

https://www.ccn.com/chinese-government-orders-faster-blockchain-development-urgently-seeking-results/

It can`t be said that China is friendly towards the blockchain technology. China has a very specific policy, which is aimed solely at making this country a leader in the global economy and politics. The blockchain technology is also used for China`s own purposes, as it is able to help the Chinese in achieving this goal. For them, the main thing is control of the crypto sphere. Therefore, they introduce rules and prohibitions, which should lead to the total regulatation of the crypto-currency sphere.

paul gatt

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Blockchain deserves the 4.0 technology revolution, building trust through transparency and accountability. Blockchain creates a new generation of transactional applications that allow data to be stored continuously, securely and "rigidly" enough to prevent tampering and modifying information.

Happydd

sr. member

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Blockchain is a very secure, shared, platform-based, and encrypted trading platform that helps build trust in the global trading landscape, such as hacking in banks, will be deleted. Blockchain will be considered the 4.0 technology revolution.

talkbitcoin

legendary

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All I know is that I know nothing.

Quote from: brawdias on May 26, 2018, 11:46:05 PM

Didn't know that China is friendly to blockchain

no country in the world has ever been un-friendly to the technology (aka blockchain). they all love it because it is the technology behind bitcoin not bitcoin itself and the technology can be used in any way that you want.

also China has never been as unfriendly as the media portrays them towards bitcoin either. there has been a lot of false news changing the view of people against Chinese but the reality is that they never done anything that any other country wouldn't have done such as banning ICOs or closing shady exchanges.

Jayskie15

newbie

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Although now China don’t support digital cryptocurrency, in the Davos Forum, Chinese representatives as member of a council attend the summit meeting. It means in fact, China support it. But lack of excellent application, they refuse a risk and worry about another financial crisis with destroying the domestic economy. They will be onlooker to look at other countries. Through study and improvement, at last, China will embrace the Blockchain with regulations and rules.

aoluain

legendary

Activity: 2380

Merit: 1343

This is no surprise, the 4th industrial revolution is happening and you dont have
to be friendly to blockchain to acknowledge it.

Along with blockchains, artificial intelligence, 3d printing, nanotechnology and
bioengineering are all making gains to add to the revolution. It looks like this
has been happening for a few years now.

Capradina

hero member

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Good news, I do not know if the Chinese State Government actually supports and develops Blockchain technology, given last year that the news spread that China banned the use of Bitcoin in the country. Cheesy

brawdias

newbie

Activity: 84

Merit: 0

Didn't know that China is friendly to blockchain

https://www.ccn.com/chinese-government-orders-faster-blockchain-development-urgently-seeking-results/

Topic: China believes blockhcain is the fourth industrial Revolution - page 3. (Read 356 times)