"Ping An Blockchain White Paper": The financial industry is the largest industry in the blockchain expenditure

On May 31, the "Black Paper of the Blockchain of Ping An District" was released in Beijing, and Babbitt reported on your scene. The white paper was co-authored by Ping An, a subsidiary of Ping An Group, in conjunction with International Data Corporation (IDC). The white paper shows that China's blockchain market spending reached US$160 million in 2018, an increase of 108% from 2017. At the same time, more companies plan to increase the relevant budget in the future. As a result, China's blockchain market is expected to maintain rapid growth in the next three years. The market expenditure in 2022 is expected to reach 1.67 billion US dollars. The annual average compound in 2017–2022 The growth rate is 83.9%. From the industry point of view, finance, manufacturing, and retail have invested the most in the blockchain. The market expenditure of these three industries in 2018 accounted for more than 75% of the total market expenditure. Among them, the blockchain in the financial industry has the largest scale and the highest proportion, and it is the largest industry in the blockchain expenditure. Babbitt is authorized to publish a white paper, the full text read link: https://www.chainnode.com/doc/3613