In September 2017, the Chinese government banned all cryptocurrency exchanges, killing most and forcing the biggest to go offshore. Since then, ICOs and cryptocurrencies have been a no-go for China’s blockchain industry, at least within the country. That doesn’t mean, however, that blockchain has disappeared.
The Chinese government has shown a keen interest in harnessing technology to solve problems as diverse as corruption, payments, and medical care. Local governments in Guangxi, Hangzhou, and even China’s “second capital” Xiong’ an are all looking at applications of blockchain to better manage their cities as well as bring greater transparency to their economy and government.
Blockchain Dreams: Regulations and Rewards, a panel discussion featured during TechNode’s Emerge conference, looks at the current state of the blockchain industry in China, including regulations and opportunities by answering these key questions:
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