China is leading global blockchain adoption for digital transformation


Source: universdev.com universdev.com

Key Topics in this News Article:

News Snapshot:

China is leading global blockchain adoption for digital transformation By tweet Distributed ledger technology (aka blockchain) is catalyzing a long-term shift of trust in distributed business environments worldwide. Chained data blocks make assets traceable, cryptography enables trusted ownership, and consensus algorithms realize distributed business consistency. In the meantime, the critical challenges that COVID-19 pandemic brought to the global economy — such as supply chain financing, food traceability, and visibility into asset logistics — further prioritized blockchain adoption for digital transformation. In the past six months, Forrester has comprehensively researched blockchain adoption in China. The key finding is this: Strategic investments...