China’s blockchain spending is expected to see rapid growth in the next three years and exceed the $2 billion figure by the end of 2023, according to a report carried out by market intelligence firm IDC. IDC Data Confirms China’s Blockchain Plan The IDC report comes shortly after Chinese President Xi Jinping himself endorsed the distributed ledger technology (DLT). He hinted that China shouldn’t stay aloof from the blockchain revolution. IDC estimated that China’s spendingRead MoreThe post Blockchain Spending in China to Exceed $2 Billion by 2023 appeared first on Bitcoinist.com.
