Now you might be asking what makes me so bullish on blockchain in China? Well, after reading the above you’ll have figured out that China has been setting wheels in motion for a while now, faster than the majority of the world. President Xi in particular is fully supportive blockchain, IoT and AI research and development, which in turn has lead to the entire country working toward a common goal; to become the absolute leader in blockchain and all associated future-technologies associated with it.

It is my opinion that the Chinese market — particularly given the current political situation around Huawei — is not only going to surpass every other country in the world in implementation of IoT and blockchain technologies, but will work to accelerate their already established economic independence whilst working in synergy with the countries that will support them to reach their goal, for a win-win scenario.

For those of us in crypto, it is often difficult to separate the wheat from the chaff, so my only advice today is to do your own research and look at the moves being made by the companies that count, without listening to the people that do not. Will Tencent, Alibaba, or Ping An launch a cryptocurrency you can invest in? Probably not. Is there a cryptocurrency that has connections with them that you can invest in? Well, the evidence we have seen certainly suggests so.