Leaders want Blockchain but no Cryptocurrency

in #blockchain7 years ago

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I am amazed to hear the stance of Asian countries like India and China who on one hand would like to explore the blockchain technology but on the other do not support cryptocurrency-

Distributed ledger system works on the concept of rewarding nodes which verify transactions,if there is no reward how will the technology work? Thus the need of crypto-assets. In order to adopt blockchain -crypto assets are the price you have to pay.