Post
Topic
Board Bitcoin Discussion
Re: Why is China giving importance to Blockchain?
by
bloodyvio
on 26/10/2018, 23:30:06 UTC
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/

most Chinese people today don't use paper money anymore and prefer cashless
source here: https://www.ft.com/content/539e39b8-851b-11e8-a29d-73e3d454535d
that's why they are very enthusiastic about the presence of bitcoin and blockchain
the blockchain will help the financial system there