Blockchain patent filing rose significantly in China after Xi Jinping’s 2019 endorsement

[newshunter]

Blockchain patent filing rose significantly in China after Xi Jinping’s 2019 endorsement

Chinese companies are angling to overtake the United States in blockchain adoption.

Source: Blockchain patent filing rose significantly in China after Xi Jinping’s 2019 endorsement

Would appreciate your opinion about this

[MrSpasybo]

It seems that China is ready to launch the blockchain industry as soon as the results of testing the electronic Yuan are available. However, with the tradition of highly centralized things in the hands of the government as before, I think that blockchain is just a tool to increase state control over the economy.

[Adebee]

Yes, once the new Chinese block chain is launched is really going to boom the crypto market.

[Noverteno]

Even without the appeal of the President of China, this country has been ranked first in the world in the number of patents for inventions since 2017. After the President of China called for accelerating the introduction of blockchain technology a year ago, the Chinese have tried very hard. More than half of all patents were Chinese. Of course, this country is now in the first place in the implementation of various types of blockchain technology.