10,000 New Blockchain Companies Founded in China Despite COVID-19


Source: blockchain.news blockchain.news

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COVID-19 has not prevented blockchain companies in China from emerging at a dramatic speed. Blockchain On the Rise in China Data from LongHash indicated that new blockchain firms have been emerging at a speedy rate despite the pandemic, and even recorded an all-time high in 2020. The data shows that the biggest number of founded blockchain companies was located in the Guangdong province in Southeast China, with the second largest number originating from the Yunnan province. More than 10 000 new blockchain firms were established in the first 7 months of 2020, and with the rate at which new firms...