China Holds a Leading Position in Blockchain Projects Implementation

According to China.org.cn there are 263 blockchain-related solutions in China which is 25 percent of the world total projects number and makes the country a global leader nowadays.

Furthermore, among the greatest users of blockchain and related technologies is financial sector especially in securitization for banks and brokers. Hong Kong Exchanges and Clearing (HKEX) is an important gateway to stock markets in order to make business in and near China effectively.

The country makes great strides towards implementation blockchain in shipping and supply chain as evidenced by the agreement between China Shipbuilding Industry Corporation and Shanghai Bank.

Besides, China is leading in filing blockchain-related patents – more than half of the whole number, followed by the United States and Australia, as World Intellectual Property Organization states.

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