WIRED BusinessOpinion: China is Pushing Toward Global Blockchain Dominance
In a speech late last month, Chinese leader Xi Jinping declared blockchain “an important breakthrough,” and promised that China would “seize the opportunity.” He detailed the ways the Chinese government would support blockchain research, development, and standardization. The significance shouldn’t be underestimated. Xi is the first major world leader to issue such a strong endorsement of the much-hyped, and much-maligned, distributed ledger technology.
