The huge benefits of regional blockchain projects

[Crypto]

Was reading up on a pretty nice, ambitious and perhaps high-potential project based in Georgia. Learned many new things, for example that Georgia is one of the biggest mining countries besides well known countries like China, Iceland and such. Also their government is very pro-blockchain/crypto from day 1. This allows tech companies to be as innovative as possible. I for one like this very much, compared to many other countries where people from parliament/government are still scratching themselves behind their ears, wondering what the risks are (and missing the train/boat whatever Smiley).

In the Black Sea region there are many blockchain projects and also many cooperations and partnerships between tech projects and blockchain projects. They even formed some form of an alliance (Black Sea Blockchain Community) in order to improve relationships between all these projects (read more here: https://medium.com/spotcoin/neo-black-sea-community-launched-ff0d479d3bad). I like this wonderful start-up climate where companies are simply able to make the most out of blockchain, freely and without limitations.

What is your take on this. Does this regional approach have benefits/upsides many of those 'world wide blockchain projects' do not have? Or is this perhaps not the best strategy in a time where the whole world is connected and every tech company should be able to work together?