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China's Blockchain 'National Team' Hits $82.3B Milestone: Where Will Distributed Ledgers Strike Next?

China's Blockchain 'National Team' Hits $82.3B Milestone: Where Will Distributed Ledgers Strike Next?

As a crypto analyst tracking institutional adoption, I examine the People's Bank of China's trade finance blockchain platform surpassing 823 billion RMB in transactions. This piece breaks down how government-backed DLT is reshaping supply chain finance while accelerating industry consolidation - with predictions on cross-border payments and SME lending as next frontiers. Spoiler: the era of blockchain vaporware is ending.
Blockchain Hub
blockchain
china fintech
•4 days ago
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