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Blockchain in China

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Executive Summary Emerging technologies such as blockchain, a subset of distributed ledger technology, are not limited to a single region or use case. Global powers are recognizing blockchain’s power to surpass the use of cryptocurrency and its potential to shape critical processes in many fields, including financial, healthcare, government, and supply chain. In pursuit of global competitiveness, China is a significant player in testing blockchain technology as well as implementing legal frameworks, regulations, and government initiatives around it. This working paper examines the country case of China and assesses how it has progressed in its attempts to test, adopt, and…

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