The Chinese authorities have invested about $6 billion in the development of the blockchain this year. Does this mean that China will become a leader in this area? Will the projects of Chinese companies increase in price or remain at the same level?
Yep, China haven't accepted the cryptocurrency but they are leading in developing blockchain technology and I have just read a news that in the next time, maybe Chinese will have a private coin for their country and be controled by goverment
In China, the largest number of patents for the implementation of blockchain technology in practical projects. Therefore, we can consider this country a leader in the application of this technology. I am not surprised by this, because China has always paid great attention to the introduction of advanced technologies, including by copying them in other countries. Therefore, this fact is quite natural.