When the blockchain era arrives, all transactions will be transparent and decentralized. China, a country with a centralized authority issued an ICO ban in September, seeing how crypto frenzy led $394 million to be contributed towards ICOs in the period from January to June 2017. However, it’s interesting to see how blockchain technology, a decentralized database, is actively making its moves in China, and has attracted international cryptocurrency gurus and blockchain startups to the country.

This year, we talked about the present, past and future of cryptocurrency and blockchain. We have observed some ridiculous ideas trying to raise funding using ICO, how US and Chinese multinational corporates are trying to tackle food safety using blockchain and learned about blockchain’s future at the blockchain side stage at TechCrunch Shanghai 2017. In short, Bitcoin is here to stay; Crypto is as much about ideology as it is about making money; We need to be patient. As we will continue to write about blockchain as stories unfold, we gathered up the most popular blockchain and bitcoin stories of 2017.

Dubbed the Ethereum of China, NEO has one of China’s most successful cryptocurrencies and is also China’s first open source blockchain. Much like Ethereum, NEO uses a general purpose blockchain and runs smart contracts on it.

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Eva Yoo

Eva Yoo is Shanghai-based tech writer. Reach her at evayoo@technode.com