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China Looking to Take Leadership Position with Blockchain Apps

China may have inherent limits in place for coin offerings and cryptocurrency exchanges, but that hasn’t stopped it from working toward being a global leader in their underlying technology: blockchain. So reports TechCrunch.

china 156219 640smallSome of its ambitious proposals include tracking shipments and authenticating court documents. The blockchain-backed Service Network the government is working on aims to be “part of the country’s goal to set industry standards and build the underlying infrastructure for blockchain applications worldwide,” according to the article.

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