🇨🇳 China vs. 🇺🇸 United States: The Race for Global Blockchain Dominance

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WEB3, Metaverse, Smart Contract, Cropto, Token, NFT, DAO and the Future of Business

Marta Maria Moga

37 episodes

1 day ago

Web3, Metaverse, and the Future of Business Join us as we dive into the transformative world of Web3 and the metaverse! Explore how blockchain, NFTs, smart contracts, and decentralized ecosystems are reshaping industries, empowering creators, and unlocking new opportunities for businesses and individuals alike. Each episode brings you insights from tech pioneers, thought leaders, and innovators at the forefront of this digital revolution. Whether you're a curious beginner or an industry veteran, this podcast is your gateway to understanding the future of the decentralized..

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Entrepreneurship

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🇨🇳 China vs. 🇺🇸 United States: The Race for Global Blockchain Dominance

WEB3, Metaverse, Smart Contract, Cropto, Token, NFT, DAO and the Future of Business

26 minutes 42 seconds

11 months ago

🇨🇳 China vs. 🇺🇸 United States: The Race for Global Blockchain Dominance

China and the United States are competing for global leadership in blockchain, adopting contrasting approaches:

• China: Centralized efforts led by the government focus on the digital yuan, the Blockchain-Based Service Network (BSN), and decentralized digital identity systems (RealDID). It aims to strengthen its influence in global markets, especially in emerging economies.

• United States: Relies on private sector innovation, leading with projects like Ethereum, stablecoins (USDC, USDT), and tech startups. However, regulatory uncertainty poses a challenge to growth.

Both aim to define global standards but face hurdles: China must overcome global distrust of its state control, while the US needs to address regulatory fragmentation. This competition will shape the future of blockchain and global economic dynamics.