{"id":119031,"date":"2021-01-30T20:22:51","date_gmt":"2021-01-31T04:22:51","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2021\/01\/why-china-is-investing-heavily-in-blockchain"},"modified":"2021-01-30T20:22:51","modified_gmt":"2021-01-31T04:22:51","slug":"why-china-is-investing-heavily-in-blockchain","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2021\/01\/why-china-is-investing-heavily-in-blockchain","title":{"rendered":"Why China is investing heavily in blockchain"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/why-china-is-investing-heavily-in-blockchain2.jpg\"><\/a><\/p>\n<p>\u201cConsidering the whole industry is still in its preliminary stage, BSN has a long way to go,\u201d Liu said. \u201cIt\u2019s expensive to build a blockchain. Different platforms have different structures. Data are not interchangeable. Relevant projects are hard to promote. These problems have yet to be addressed by BSN.\u201d<\/p>\n<hr>\n<p>Last year was a big year for blockchain projects in China after President Xi Jinping called for further development of the technology at the end of 2019, but the country continues to shun cryptocurrencies like bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cConsidering the whole industry is still in its preliminary stage, BSN has a long way to go,\u201d Liu said. \u201cIt\u2019s expensive to build a blockchain. Different platforms have different structures. Data are not interchangeable. Relevant projects are hard to promote. These problems have yet to be addressed by BSN.\u201d Last year was a big year [\u2026]<\/p>\n","protected":false},"author":417,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318,1761],"tags":[],"class_list":["post-119031","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/119031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/417"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=119031"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/119031\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=119031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=119031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=119031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}