According to the public record cited by the research firm, Diar, the United States Government agencies have jointly spent up to about $5.7 million hiring private contractors to conduct blockchain analysis which usually involves liking individual identity with their crypto asset.
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California was just the beginning. After launching a Fiat-to-Token trading platform in the golden state earlier this summer, OKCoin’s surge into the US markets took another leap forward today, as we announced our expansion into 20 new states with token-to-token only trading.
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China is a growing power that in the future may challenge the US economic power. But if the the Asian country will have to heavily invest in R&D and infrastructure if it wants to pose a threat to the US. One of the technologies of the future is blockchain, and China may soon be the biggest player in the market.
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Blockchain technology is helping enterprises to develop new product and services. At the same time, is helping institutions of all kinds, public and private, to increase their efficiency. Moreover, distributed ledger technology is reducing bureaucratic processes. But sometimes, it does not have the proper legislation to freely spread.
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