Post
Topic
Board Bitcoin Discussion
Re: Why is China giving importance to Blockchain?
by
Snowflower11
on 11/11/2018, 03:57:25 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/

I do not think China does not like bitcoin or altcoin, as China is a country with many blockchain patents in the past year. Did you know Vechain, NEO, Qtum, Ontology are all projects from China?
They also released their own cryptocurrency charts in September, showing they are very interested in this market. I think the issue of accepting Bitcoin will be just time, they can issue a separate legal framework before accepting Cryptocurrency.