Chinese President Xi Jinping’s announcement that the country would invest heavily in blockchain technology – coupled with a sweeping move to remove online posts suggesting such technology is a scam – has nourished optimism long-held by crypto advocates. Of course, the reality is that China’s marked shift towards pro-blockchain policies is part of a much wider trend which has seen Asian multinationals and governments embrace the considerable potential of distributed ledger technologies.
Source : https://news.bitcoin.com/the-xi-effect-chinese-government-fund-blockchain-projects/
Date : October 31, 2019 at 08:20AM
Tag(s) : #BLOCKCHAIN ENG
