Everything indicates that the days of America as a leading country in the development of blockchain technology are numbered. China is likely to take over from them.
This is due to a survey of 600 executives from 14 countries. It showed that 29% of them consider the US as the world leader in decentralized technology, and China 18%. The two countries are expected to switch places between 2021 and 2023. 30% of respondents think so, and only 18% believe that the United States will remain the leader. Among the respondents, only 1/4 had a working blockchain-related product, the remaining people are still developing their research or have nothing.
It turns out that 60% of the top 100 cryptocurrencies do not have a working product. As a result, there is a lot of room for creating something new, and it is in China that most things related to decentralized technologies are to be created.
Source: https://thenextweb.com
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