China is leading the globe in exploring the use of blockchain technology. And, yes, the government is very much at the center of it all, as you might expect.
But, the areas they are exploring range from national digital currency to food safety to manufacturing supply chains - the impacts can be all over the economy. And the size of the investments the governments of China are making at all levels should get our attention. Worth noting and tracking . . .
The Asian superpower accounts for 25 per cent of new blockchain projects worldwide and holds the most patents related to blockchain in the world. Further, some of the biggest names in the blockchain and cryptocurrency community are Chinese firms - and this dominance is not by accident.