Yesterday, the “2019 China Blockchain Industrial Park Development Report” was
released, revealing that as of May this year the nation has 22 such parks. It warns that, like Silicon Valley, there’s the risk of tunnel vision or homogenization.
The report details findings by the China Electronic Information Industry Development (CCID) research arm and InterChain Pulse.
The industrial parks mirror the Silicon Valley-style of office buildings or science parks, encouraging blockchain tech companies to rent out space often at subsidized rates. While 22 may seem like a lot, China is currently the
leading nation in consumer fintech adoption.
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