7 years ago

Blockchain Technology is winning hearts in China

You may be represent a anti-digital currency faction, But you can not ignore blockchain technology. Ever the worst critics of Digital currency loves the idea of Blockchain technology. Jack Ma, Alibaba Founder, is very excited about blockchain technology. Recently, chinese government looks confident by Blockchain technology.


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At the end of the last year, It seems that Chinese government is going to ban blockchain technolgy related all projects. They blocked Digital currency or Cryptocurrency and ICO. But now it looks they are very impressed with the technology and looks desperate to implement the technology.

I am very hopeful, In near future China may allow some exclusive projects by analyzing their prospects. Recently, Chinese ministry of Industry and information technology released a version of their blockchain ranking. Ethereum considered number one projects according to the government ranking

Recently, Chinese city, Shenzhen, authority partnered with technology firm named Tencent to use blockchain in the fight against tax evasion Source. To me, China will adopt all the technology which seems safe to them.

What is your opinion on Blockchain technology and its future.

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