Interest in blockchain in China has exploded over the past four years, fuelled by government support policies encouraging investment into strategically important technologies. This has led to impressive figures on patent registrations and startups launched, but the challenge of increasing the quality of blockchain research and implementations remains. This report maps the status of the blockchain industry in China.
Thanks to the rise of crypto currencies such as Bitcoin, blockchain is getting much of the publicity it so deserves. Alibaba’s Ant Group, who made Ant Chain (a low-cost Blockchain service network) is the most valuable unicorn ever showing the potential in blockchain technology. In this article Sam Mendis helps unpick the intricacies of blockchain technology, discussing some the benefits and flaws along with looking to the future to discover how this could be revolutionary in many different sectors.
This report maps the status of the industry in the latter-half of 2020, exploring the impact of three years of strong central government support for the technology and the impact of broader trends such as the US-China trade-war. While there is undoubtedly significant hype around artificial intelligence in China, areas such as machine learning and computer vision continue to be the focus of investment and research as China develops the capabilities for a self-sufficient AI industry.