There have been numerous blockchain surveys ranging from
Gartner‘s sober outlook to the more optimistic one
published by PwC last week. According to the latter, currently, 29% of executives view the US as the leader in blockchain, compared to 18% in China. But they expect those figures to reverse in five years. However, it could happen far sooner than that.
Yesterday at TechCrunch Disrupt a pair of talks focused on the relative strengths of the two countries. Michael Arrington founded TechCrunch and now runs crypto investment company XRP Capital. He
lamented the lack of ICO clarity from the US’s Securities and Exchange Commission. But what about enterprise activity?
China’s ICO clampdown not holding it back
Arrington said: “80-90% of our investments are in Asia, Europe, and Israel right now because there are actually countries where there’s enough regulatory certainty that entrepreneurs feel safe starting token companies.”
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