China: Blockchain-Based Companies Soar; Guangdong Dominates Chart

0 ADVERTISEMENT The socialist state of China is poised to take the lead. The extensive blockchain roadmap of the worldࢀ™s second-largest economy seeks to control the development of the nascent technology as evidenced by the strong backing of the countryࢀ™s leader President Xi Jinping which has further bolstered the growth of blockchain capabilities in China. Jinpingࢀ™s speech stating that China ࢀœneeds to seize the opportunityࢀ could potentially be heralded as one of the first instances of a major world leader backing the technology. This was followed by several provinces in the country setting up blockchain pilot zones which translated into…