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 has been a leader in the market of cryptocurrencies for quite some time, so it is not really surprising that they are really interested in the blockchain, however it is likely that they are interested in the blockchain for their own selfish reasons so I will not be very excited about that much money being used in the development of the blockchain because they are surely trying to find a way to create their own cryptocurrency that will be completely controlled by them. 
Topic: China is the leader of the blockchain? - page 11. (Read 1981 times)
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?
Blockchain technology can be used not only for cryptocurrency. This technology has great prospects and in many countries work is underway to introduce this technology in various areas of life.
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?
Blockchain technology can be used not only for cryptocurrency. This technology has great prospects and in many countries work is underway to introduce this technology in various areas of life.
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?
as a matter of fact, China is going quite good with crypto as i can assume latest news seem positive. and i am sure that in case China is determined it will become a leader, why not?
China has been very bullish on blochchain for a long time. They just don't like to see capital flight from within China. Its a big reason why I invested a bit into NEO to hedge my bet against Codius (Ripple's smart contracts solution) dominating the market. I'm also really excited to see American express (partnered with Lian Lian) as the only american credit card company allowed into China. Guess who's an AMEX partner??? You guessed it, Ripple. They will be using XRP to settle cross-border transactions throughout China by sometime late 2019, mark my words!
I don't know in detail about this news (China leads on the blockchain), but $ 6 billion I think is a very large amount of investment. If you have this news source, please share it here so that we can all see and read the background. Thank you in advance.
I also saw information about this somewhere on the Internet, but unfortunately I cannot find it now, I think that if the situation in general will interest you, then you will be able to find this information with great success on the Internet. It seems that China is trying to take over the crypto market. You can see the world's leading exchanges are now China, and the strong coin on the market also comes from their country.
that's why a lot of coins are manipulated by their prices, and the market seems to follow what they want. at the moment the market is in the stage of correction, whether or not it will come back down later or not we will see it 
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 total investment in Blockchain does not help China as one of its leaders. Blockchain has been one of the prominent industries in recent years. Maybe China is a leader in Blockchain technology, but this does not help stabilise their projects and attract investors. 
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?
With a lot of funding, you can expect something great will be developed. Whether or not China will become the leading country for blockchain, that remains to be seen. It will still depends on what they can come up with.
leader? because of their population?
I am sure that China will be the leader in this area because some things they can do much better than others
Wow, investing $6 billion is really a lot of money.
It is really impressive that china puts so much money into the blockchain.
They also want to be number one in the field, as in many other areas.
It is really impressive that china puts so much money into the blockchain.
They also want to be number one in the field, as in many other areas.
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 generally walks ahead of the entire planet (and they have something to learn from any country)They hold one of the leading positions in the field of cryptocurrency, and even most likely set the direction for the entire cryptocurrency market.
China is definitely trying to beat America in that direction. but right now America is leading. I think in a few years the situation will change
Both can be considered as the bitcoin houses but it's not the leader of the blockchain start up. SG still holders the first place as the country which has a lot of blockchain companies are still actively developing the platform based on the decentralized blockchain.
It seems that China is trying to take over the crypto market. You can see the world's leading exchanges are now China, and the strong coin on the market also comes from their country.
China is definitely trying to beat America in that direction. but right now America is leading. I think in a few years the situation will change
I don't know in detail about this news (China leads on the blockchain), but $ 6 billion I think is a very large amount of investment. If you have this news source, please share it here so that we can all see and read the background. Thank you in advance.
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?
yes if they can produce a good product, then no if they cant, investing a large sum doesn't always yield a good result, but there's barely a good coin by product and not by hype, its really hard to say but my answer will be no.
For that to happen the government of China would have to change. They have great scientists and a lot of smart people who would help them adopt and develop this technology but they have their hands tied because the government is abusive. It makes everything slower and harder when you need to ask for permission at every step. I don't get why people in China don't stand against the government and allow themselves to be pushed around.
china is already a leader in blockchain industry as the china have major dominance on top cryptocurrency like bitcoin, ethereum, EOS etc and the rise of the chinese ICOs in the markets like wanchain, ontology, NEO, Vechain and so on. China holds major dominance on Bitcoin and ethereum mining with companies like BITMAIN & 13 out of 21 block producers of EOS blockchain are from china only.
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