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Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows

Published 12/29/2022, 12:37 PM
Updated 12/29/2022, 02:20 PM

On Dec 29, the state-owned China Academy for Information and Communications Technology, or CAICT, published a document titled "2022 Blockchain Whitepaper." According to the paper, more than 1,400 blockchain firms are currently based in Mainland China. Together with the U.S., the two countries represent a 52% market share in terms of global blockchain enterprises.

The CAICT also disclosed that around 48 post-secondary institutions across China have introduced "blockchain engineering" related degrees and certifications. In the report, the institution detailed four types of blockchain technologies with high application potential.

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