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US Falling Behind the 8-Ball: Blockchain Lessons to Learn from China

May 25, 2022
Source: dailycaller.com dailycaller.com
News Snapshot:
Beijing has set itself an ambitious goal to be the world leader in blockchain technology by 2025, a mere three years away from today. In an October 2019 seminar at the Chinese Politburo, the decision-making body of the Chinese Communist Party (CCP), President Xi Jinping identified blockchain as a key area of technological breakthrough for China; he was recorded as remarking that the technology was of strategic importance to the nation. This was followed by a policy change from the National Development and Reform Commission (NDRC), which has broad administrative & planning control over the economy of the People’s Republic...
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Tags: artificial intelligence | bank | Beijing | Biden | big data | bitcoin | blockchain | ByteDance | China | Chinese | Cloud Computing | communism | communist | crypto | currency | Economy | expansion | finance | fintech | mobile | online video | Renminbi | social media | State Council | technology

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