Why China Leaves No Space For Competition in Blockchain
Hacker Noon August 6, 2020
Attributing for one-fifth of the planet’s population, China is undeniably an economic superpower that’s empowered to become a global blockchain leader in terms of adoption, utility, and overall innovation.
The People’s Republic of China is not fooling around when it comes to innovation. When President Xi Jinping is assured of something is important for China’s succession as a global economic and technopolitical center in the foreseeable future, it becomes instantly important for Chinese government bodies, domestic enterprises, and even individual citizens.
Have in mind, we’re talking about a single Asian country that attributes for near 1/5 of our current planet’s population. That’s right.
So, why do I think it’s too late to compete with China’s urge to...