China Blockchain Industry Sets Target To Rise $2.7 Billion By 2023

International Data Corporation comes out with a prediction that by 2023, Chinese companies will have invested $2.7 billion into blockchain technology. That’s $700,000 more than a prediction the IDC made in November when it previously predicted Chinese companies would spend only $2 billion on blockchain which with a compound annual growth rate of 65.7 percent. 

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