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2018-6-13 00:47 |
The government has also led multi-billion dollar investments in blockchain projects with the vision of commercializing blockchain technology in the near future.
Blockchain is Better Than the Internet
CCTV, AKA China Central Television, a state TV channel controlled by the government, released an hour-long report covering blockchain technology and cryptocurrency, featuring various topics including blockchain fraud, emerging projects, and the cryptocurrency sector.
Towards the end of the report, CCTV, whose content is directly controlled by the local authorities, boldly stated:
Blockchain is the second era of the Internet.
The value of blockchain is 10 times that of the Internet.
For certain use cases such as transaction settlement, decentralized blockchain networks are absolutely necessary to prevent manipulation of information.
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