Study: Chinese Blockchain Spending to Exceed $2B by 2023

[newshunter]

Study: Chinese Blockchain Spending to Exceed $2B by 2023

One study foresees China's blockchain investments surpassing $2 billion by 2023, with a compound annual growth rate of 65.7%

Source: Study: Chinese Blockchain Spending to Exceed $2B by 2023

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[Noverteno]

The Chinese government has always paid great attention to the introduction of new technologies. Even before the Chinese president announced that it was necessary to implement blockchain technology, the Chinese government issued the largest number of patents for inventions using blockchain technology. After the statement of the President of China, it becomes a state program. In general, although this is not directly related to cryptocurrency, it will nevertheless have some significance for the popularization of cryptocurrency.