When will blockchain be introduced (When will blockchain technology be used)?

When will blockchain be introduced? According to the financial industry, blockchain technology has been widely used in China at the 2018 China Internet Industry Annual Conference. On March 16th of this year, the People’s Daily published a commentary article titled “During the 13th Five-Year Plan, China will promote the development of its national digital currency.” The article points out that in recent years, with the accelerated global economic digital transformation, steady growth in the scale of technology companies, and continuous development of new technologies, the question arises, “When will blockchain be introduced?”

Since October last year, the China National Information Center has officially established a key laboratory under the Ministry of Industry and Information Technology, and reached cooperation agreements with many domestic and foreign universities. Since the beginning of 2017, the State Council has issued a notice proposing to support the construction of Shanghai as a national-level blockchain innovation and development pilot zone with international influence.

When will blockchain technology be used?

When will blockchain technology be implemented?

In the past two years, along with the decline in the price of Bitcoin from its historical high to the current lowest point and a significant increase in the price of Ethereum, the market has seen a continuous decline in prices this year, with Bitcoin even falling below the $20,000 mark. However, other altcoins have started to skyrocket, including projects like XRP, BSV, ETC, which have all seen significant dips. But all of this seems to have not changed the current situation of the blockchain industry, as the blockchain industry is still in its early stages of development and will be one of the most worthy race tracks to pay attention to in the coming years. (PANews)