Chinese President Xi Jinping Calls Blockchain a 'Breakthrough' Technology (cnbc.com)

Even as cryptocurrencies continue to draw skepticism from some, at least the underlying technology, blockchain, has found yet another high-profile admirer: Chinese President. Xi Jinping said in a speech this week that blockchain has "breakthrough" applications. From a report: "A new generation of technology represented by artificial intelligence, quantum information, mobile communications, internet of things and blockchain is accelerating breakthrough applications," he said Monday, according to a translation of his remarks. Xi also emphasized the need for China to focus on technological development and become the global center of science and innovation.

Comments

Ideal for the State!

[LynnwoodRooster]

You can track EVERYTHING with Blockchain. Make the one-time association between user and hash, and you have everything they ever do. Perfect for an all-controlling State!