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China expected to become global blockchain superpower by 2023


America’s days as the recognized leading superpower of blockchain tech development may be numbered, a report by PwC suggest. Instead, it is China that is expected to close the gap and take the lead. A recent survey from PriceWaterhouseCoopers, which asked 600 executives across 14 nations, found that 29 percent of respondents saw the US as world leaders when it comes to development of the decentralized technology, followed by China at 18 percent. Before you start to criticize the survey methodology, the executives were also asked what they perceive the future will hold. Between 2021 and 2023 the tables are…

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