Chinese blockchain spending to exceed $2B by 2023

Chinese blockchain spending to exceed $2B by 2023

As per reports, China’s spending on blockchain technology will exceed $2 billion in 2023, recording a compound annual growth rate of 65.7% from 2018 to 2023. Citing a study by American market intelligence firm IDC, the report says that the bulk of China’s blockchain spending was geared to the banking sector in 2019.

KCooper
KCooper
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