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What are China's thoughts on crypto/blockchain?

What are China's thoughts on crypto/blockchain?
Asked by
Nick Robinson categorie-icon time-icon5 months ago
1 Answer Answer Question

Ilija Rankovic
Answered time-icon5 months ago

China seems to be very aware of the impact that blockchain and crypto technology can have at the moment. As much as 73% of Chinese enterprises see blockchain as a top-five strategic priority. This statistic came from a report by Big Four audit and consulting firm Deloitte which was released on 27th June.

The report titled “Deloitte’s 2019 Global Blockchain Survey,” surveyed 1,386 enterprise representatives in 11 countries, including 200 respondents in China. The key of the survey was to provide a better understanding of blockchain as a technology as well as the attitudes towards it and the investments being made into it.

The survey showed that Chinese enterprise employees showed the highest rate of confidence that blockchain tech is one of the top five of the highest priorities in the country.

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