Chinese Government invested $3.57 billion in blockchain technology since 2016

The municipal levels of Chinese government have made blockchain technology a priority over the past few years. A new study came out that totals the investment to a surprising $3.57 billion. This capital is spent towards venture capital investment and Research & Development into blockchain projects. China continues to emphasize the importance of innovation and hopes to be a world leader in the blockchain movement. There is no other government that has invested so heavily into blockchain than China.

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