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China To Overtake US As Leading Blockchain Developer: Survey

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024 lt

A new PwC survey on blockchain technology indicated that 84 percent of participated organizations have at least some involvement with the distributed, tamperproof ledger technology. But despite the potential that blockchain holds, regulatory uncertainty and trust remain the biggest barriers to wider its adoption.

As per the 2018 survey of 600 executives from 15 territories, the US and China are perceived as the most advanced at present, but within three to five years, China is expected to overtake US as leading blockchain developer.

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