Beijing backs blockchain, but benefits come at a price

China is developing blockchain technology as a means to combat corruption and improve financial market efficiency

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In this article

  • Bitcoin restriction
  • The appeal of blockchain
  • Promoting blockchain
  • Chinese cryptocurrency?
  • The downside

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.