How China and the World Reacted to Xi Jinping’s Blockchain Comments
China’s President, Xi Jinping, sent waves through the industry with his speech on blockchain technology last week. The leader of the Communist Party of China reaffirmed the trend of the past five years with his keynote speech that welcomed the dawn of blockchain technology in the country. He told members of the party: “WE MUST TAKE THE BLOCKCHAIN AS AN IMPORTANT BREAKTHROUGH FOR INDEPENDENT INNOVATION OF CORE TECHNOLOGIES.” Many provinces across China had already been utilizing the technology behind cryptocurrencies but now Xi wants...