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4 Ways To Get The Upper Hand In Blockchain Innovation
Summary: China currently has a global patent on over 80% of all blockchains in the world, according to Chinese state media People’s Daily. While China has the largest percentage of blockchains, the industry’s shortcomings in basic theory, industrial ecology and personnel training have become increasingly prominent. This leaves China vulnerable to being overtaken as the world's blockchain ...
China currently has a global patent on over 80% of all blockchains in the world, according to Chinese state media People’s Daily. While China has the largest percentage of blockchains, the industry’s shortcomings in basic theory, industrial ecology and personnel training have become increasingly prominent. This leaves China vulnerable to being overtaken as the world's blockchain leader.
These four traits are a necessity for any country to gain the upper hand in blockchain innovation:
1. The country must emphasize blockchain theoretical research.
2. The country must achieve autonomy and control of core technologies.
3. The country must build a complete industrial ecological chain.
4. Building a high-level talented team is a huge priority.
By Ramsey Baker
Tags: Blockchain,China,innovation
Link: 4 Ways To Get The Upper Hand In Blockchain Innovation [Copy]
