Re: Why is China giving importance to Blockchain?

Quote from: djhonson196 on June 19, 2018, 10:14:50 AM

Chinese has been feeling very enthusiastic about blockchain lately! The Chinese government may not like cryptocurrencies or in fact Bitcoin, but they sure do like the Technology it is based on.

Know more what China is doing with Blockchain https://www.globaltechinsights.com/blockchain-bitcoin-whats-happening-in-china/

We all know that bitcoin is a decentralised crypto currency and thus there is no such proper authentic regulating body over the bitcoin who could keep eye over the bitcoin activities and more specifically the illegal one and thus most of the countries are hesitating in legalisation of bitcoin in their nation but still there are few countries who has understood well the fate and potential of bitcoin and legalised bitcoin in their nation and now experiencing a great boost in the development of their nation and I think that is why China is also showing interest in Blockchain technology.