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Topic: China is the leader of the blockchain? - page 6. (Read 1981 times)

full member
Activity: 390
Merit: 100
December 18, 2018, 03:32:43 PM
What they invested does not say that they are leaders, such technology needs time to show who is the leader, but I have always admired China and so they quickly learn new technologies while others are just watching !
that's right china, in china people learn fast and quickly about new technology of course Blockchain too, that's why op think china the eader of the blockchain industry, but like china Russia and Korea investing much money in blockchain industry
legendary
Activity: 2179
Merit: 1201
December 18, 2018, 03:26:34 PM
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?

It's great that China invests in cryptocurrency. This will certainly help the current economy. In general, I am sure that China can become a leader in cryptocurrency.

The information technology industry in China is currently undergoing strong development in the jurisdiction. I think blockchain is not out of this portfolio, no matter what people think they are forbidding crypto and exchange, but it's not that they will not develop it.
full member
Activity: 966
Merit: 104
December 18, 2018, 01:50:38 PM
In any case, there was information that the largest number of patents for the introduction of blockchain technology was issued in China. It already says a lot. Most likely that the way it is. However, the results of the introduction of blockchain technology may occur much later. However, already on this fact and the fact that more than six billion dollars have been invested in the blockchain technology in China, one can judge that China is indeed the leader in implementing this technology.
member
Activity: 546
Merit: 10
December 16, 2018, 02:00:11 PM
What they invested does not say that they are leaders, such technology needs time to show who is the leader, but I have always admired China and so they quickly learn new technologies while others are just watching !
There is absolutely no doubt that today it would probably be best to begin the process of understanding that China is really the place where people find it difficult to invest, because there is always something very strange with prohibitions.
copper member
Activity: 406
Merit: 1
December 15, 2018, 11:27:58 PM
Yes i agree with you. China is a strong country and they are the leader of blockchain technology, they've built many blockchain cities to support blockchain and cryptocurrency companies.
jr. member
Activity: 91
Merit: 1
December 15, 2018, 10:59:13 PM
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?

Hello where is you're source? I hope this kind of speculation should be backed up by a fact that everyone can see. If China will invest in blockchain then it's good actually. Knowing them they will enter it as it one of the profitable industry and they are really business minded since they decided it when the bearish has really happening. It's a perfect time to accumulate coins and tokens. If the Chinese will invest surely the prices of tokens and coins will recover.
jr. member
Activity: 350
Merit: 1
December 15, 2018, 10:54:33 PM
China is the leader of cryptocurrency, they have Bitman, the biggest mining company in the world, they also has NEO, one of the biggest cryptocurrency, many cryptocurrency projects and exchanges are run by Chinese, like Binance, Kucoin, Bit-z, etc., although their head offices are in other countries, they're run by Chinese.
copper member
Activity: 154
Merit: 0
www.codex.one
December 15, 2018, 10:05:03 PM
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?

No I guess, not really. China will just accumulate too much of the market cap of the cryptocurrency in the blockchain, and if they didn't invest, or just improve the blockchain, still, they can't be considererd the leader of blockchain since they have no total control of its protocol.
full member
Activity: 1554
Merit: 101
December 15, 2018, 09:25:04 PM
i think nobody can control like you mean leader, but if you say china investing 6 billion dollar, i agree with that.
as we know asia is the most biggest investing in crypto, they hold about 60% from marketcap.
full member
Activity: 434
Merit: 100
December 15, 2018, 05:30:33 PM
Yes, China is very powerful and strong country. They invest a lot in crypto economy and blockchain technologies at all. So China has a lot of chances to become the leader in blockchain.


hero member
Activity: 1067
Merit: 501
December 15, 2018, 05:14:52 PM
It depends on what you mean, when it comes to implementing blockchain technology for normal life, I think it's not going too well, but when it comes to minning power supporting the blockchain network for Bitcoin, it's definitely the first place in the world!
full member
Activity: 784
Merit: 100
December 15, 2018, 05:11:38 PM
If China really begins to engage in blockchain technology, we can definitely expect that in a relatively short period of time they will become monopolists in the world of crypto-currencies. China now occupies one of the leading places, but if it really starts to deal with cryptocurrencies, they will become like Bitcoin in the world of cryptocurrencies.
jr. member
Activity: 194
Merit: 2
December 15, 2018, 02:59:17 PM
this is more like a strategy. the banning and unbanning game
full member
Activity: 303
Merit: 105
December 15, 2018, 02:45:31 PM
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?

It's great that China invests in cryptocurrency. This will certainly help the current economy. In general, I am sure that China can become a leader in cryptocurrency.
member
Activity: 518
Merit: 10
December 15, 2018, 02:41:22 PM
Well, China is clearly the leader even if you look at the pool of bitcoin mining then there is one China, and in terms of trade and exchanges, China is also the leader.
copper member
Activity: 168
Merit: 0
EndChain - Complete Logistical Solution
December 15, 2018, 01:57:41 PM
Today, China occupies the first position in technology, the global economy, so it is not surprising that he wants to become one of the first in the blockchain, because there he invests huge funds and efforts for this.
jr. member
Activity: 182
Merit: 1
December 15, 2018, 01:23:56 PM
What they invested does not say that they are leaders, such technology needs time to show who is the leader, but I have always admired China and so they quickly learn new technologies while others are just watching !
member
Activity: 546
Merit: 10
December 15, 2018, 12:58:06 PM
I think China is one of the leaders in blockchain technology. Remember last year when the Chinese government banned ICO, how much the price of coins fell. The price of bitcoin and altcoins depends very much on China and its actions of its government

Yes, you are absolutely right, I can confidently say only that today you need to very strongly understand that the situation with what and how China relates in general to what is happening in the market is probably the most important. I am sure many people understand this.
sr. member
Activity: 574
Merit: 250
December 15, 2018, 10:37:19 AM
China is the leader of almost everything Smiley.
And it is not surprising that they are the leader of the blockchain as well.
sr. member
Activity: 1876
Merit: 289
Zawardo
December 15, 2018, 09:54:44 AM
Really? after they banning cryptocurrencies, they invested a billion of dollars for development of the blockchain? is these kind of fake news or something? can you share the link if it is true.
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