China is the leader of the blockchain? - page 9.

virtual_miner

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Quote from: nreal on December 11, 2018, 12:44:25 PM

China is not friendly with cryptocurrency but they focus on developing blockchain. They have great financial potential and great people, it would not be surprising if they took the lead.

I think they outlaw a lot of cryptocurrency because they want to support one of their own blockchain projects. Take a look at Google and Facebook in China, which can not compete with domestic companies like Baidu

sourish

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I strongly believe that crypto will essentially defy any boundaries. In this dilemma and caution, whoever is bolder, will set the trail for others to follow.

Isiaka208

copper member

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Even though news from china brings most of the FUDS in the market, it doesnt make them the leader of the blockchain, and it doesnt mean and increase in the price of their projects. Blockchain is global and has no leader and it stands now.

ivaf

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Quote from: ArturoProfit on December 09, 2018, 08:42:42 AM

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?

Of course, China will be one of the leaders in the blockchain. This is a huge country with great scientific potential.
Will projects grow in value? And have you heard about the project AntShares? But the NEO blockchain for sure you know. This is the AntShares project, which has grown hundreds of times in price. This is just one of the illustrative examples.

enhu

legendary

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They are always the one that will always take advantage of the technology so it could be true. You'd have to wonder what sort of blockchain project are they doing with $6billion budget. They are busy publishing their own ranking of crypto so they must be up to something.

jaywizzy

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Yes! I agreed with you, because most of the project that is being carry out in crypto business, most of the investors that that invest huge in most of the project are from China.

Bonsaiav

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Quote from: ArturoProfit on December 09, 2018, 08:42:42 AM

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?

Most likely China can immediately shift the US especially in the digital economy, maybe even the digital market of China can exceed the enormity of the US market quickly. No wonder if the Chinese authorities invest their large funds in the development of the blockchain this year as a means to improve its operations at the global level. In the future, maybe China will become one of the largest digital economic countries, before finally it becomes the largest economy and becomes a financial business giant in the world.

nreal

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arcs-chain.com

China is not friendly with cryptocurrency but they focus on developing blockchain. They have great financial potential and great people, it would not be surprising if they took the lead.

auroboros

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I believe in your statement about China, China is not only number one in the field of crypto currency, but China may also be number one in the field of economy and business, as evidenced in China's recent domination of crypto currency, ICO which has a base in China continues to develop the good, even the exchange has been dominated by China, China is almost number one in all fields

matteoricci

newbie

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maybe they are because of their population. i mean, THEY ARE the biggest country in the world but is blockchain really used there?

trudovik

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Quote from: Rogkim1 on December 10, 2018, 04:39:21 PM

Quote from: ArturoProfit on December 09, 2018, 08:42:42 AM

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.

Quite rightly today, it can be said that many areas of activity of different government sectors can also very seriously integrate the blockchain into their new opportunities for increasing transparency.

fly99

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I think that the United States is the leader of the blockchain. The United States' technology is the world's number one. You can conclude from the aircraft carrier that 50 aircraft carriers can be produced in one year at the peak of the United States, and China can only produce two aircraft carriers.

Cacingkemi

hero member

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Increasing the value can happen yeah China be able to compete with other countries about the economy,how do I know that the news is true dude Is there a site that displays the news? Had read some articles about China and the development of the blockchain there was very big.

Amalker

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Quote from: ArturoProfit on December 09, 2018, 08:42:42 AM

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 is already a leader in many areas. And yes, I thought that China will become the most powerful leader of blockchain technologies in near 5-10 years. Many of their projects are very interesting for long term.

sabine80

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china is already one of the leaders in the blockchain world. most of the hashrates come from china and news from china has the biggest impact on the market. i think china wants to secure its place in the crypto world with this big investment.

Snaic

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Quote from: ArturoProfit on December 09, 2018, 08:42:42 AM

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, apparently, China will indeed be a leader in the use of blockchain technology. I have long read that in China, more than all countries issue patents for the introduction of this technology. Therefore, it is not surprising that about six billion dollars have already been invested in this technology. China has long been famous for the fact that new technologies are constantly being introduced there, including by copying and stealing them in other states. It is because of the use of new technologies that China has now risen to the level of superpowers.

amaterazu

jr. member

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China can have a big impact on the development of the crypto-coin market. So that China also has a very large part to lead the Blockchain. Many large investors come from China, so they will also have a very positive impact on the growth of crypto coins.

Farahtenan

member

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Indeed, there are many investors from China and this has become a trade war with the US. And if indeed this news is true then China has given its permission for the development of the blockchain better and continues to increase. This will have a positive impact on the development of the blockchain.

herurist

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Quote from: ArturoProfit on December 09, 2018, 08:42:42 AM

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?

They see blockchain as future not the crypto because technology always grow up and this is the main part to get powerful tools in financial world. Most countries or us see the crypto but not the technology, wrong step brother. If China do that in short time many countries will follow their step, don't worry about it just follow the trends.

libert19

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Pretty much, most miners and top exchanges originate from China, but due to recent regulation problems they are mostly registered in Malta/Singapore.

I am into some projects where they are only alive because of Chinese community.

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