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China blockchain industry to boom to $2.7 billion by 2023 – Decrypt

China blockchain industry to boom to $2.7 billion by 2023 – Decrypt

In brief China’s blockchain industry is growing faster than expected 10% of Chinese cities will adopt blockchain-based digital currencies by 2023 Blockchain technology is also helping businesses secure loans despite the coronavirus. A report last month by the International Data Corporation predicts that, by 2023, Chinese companies will have invested $2.7 billion into blockchain technology.




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