It seems that the word “blockchain” is at the top of popularity, not only as a technology, but also as… a name!
Do you need a proof? First, the manufacturer Long Island Iced Tea added the word “blockchain” to the name of the company and raised the value of its shares three times.😂
Now it’s time for news from China. The number of companies mentioning the word “blockchain” in their official names has increased 6 times as compared with 2017.👌
Actually, China is quite serious about mastering of the blockchain technology:
✔️In 2017, 49% of the total number of patents in the field of blockchain were issued in China.
✔️Last year 16.6 thousand companies have integrated the blockchain technology into their business.
✔️A government blockchain fund for $ 1.6 billion was established in Hangzhou.
Frankly speaking, the government still takes a critical look at the cryptocurrency. Probably, only for now.