Blockchain has been de-emphasized since 2017. However, not all countries are choosing to implement it in a real way. Today we will look at the countries that are most open to the new technology. 1 Malta Malta is today the "island of blockchain and cryptocurrencies". All thanks to its progressive approach to blockchain network technology. On July 4, 2018, Malta's parliament passed a very new technology-friendly law. However, Malta is constantly improving the current laws, which are friendly to ICOs and numerous blockchain startups. Major cryptocurrency exchanges such as OKEx, BitPay and Binance have moved to this unassuming island. According to Malta's Prime Minister Joseph Muskat, this country hopes to become the center of a new blockchain revolution. 2nd Japan A fully deserved place. Japan is one of the few countries in the world that has clearly defined regulations for cryptocurrencies. In April 2017. The Land of the Cherry Blossom passed a law recognizing Bitcoin as legal tender. According to research, more than 3.5 million Japanese citizens trade in digital currencies. The Japanese yen accounts for half of the volume in the market for the oldest cryptocurrency and is the most widely used currency for BTC trading. 3 Switzerland Switzerland is mainly famous for the Zug region, where quite a few startups related to the cryptocurrency and blockchain market have their headquarters. The crypto Valley is rising to be the answer to Silicon Valley from the US. It is also home to the Ethereum Foundation. Swiss government policies offer excellent services to blockchain-based companies. Moreover, Switzerland is home to the world's leading blockchain market labs - TU Delft (NL) and ETZ Zurich (CH). 4 China Surprised. The mass of startups in this market are based in China. The Chinese government supports smart contract platforms such as NEO, Qtum, VeChain and TRON. In addition, the number of blockchain patent applications there has increased as much as fivefold since 2016, and China currently leads the way when it comes to holding patents on blockchain and cryptocurrencies. 5. THE US The United States is a leader in both the blockchain and cryptocurrency ecosystems. 16 percent of all global ICOs come from the US. The U.S. also has the largest number of blockchain startups and is where the most bit machines have been installed. Many US financial firms are investing in blockchain technology to streamline their operations and create more efficient channels for processing financial transactions. And some of America's largest companies, such as Subway and Microsoft, now accept digital currency as a means of payment. Blockchain and the advantages of being a pioneer Countries that invest in the adoption and development of blockchain technology will gain huge economic benefits. It is always the pioneers of ultimately winning technologies that gain the most. We quietly hope that in some time Poland will be placed on this type of "top"... Tags Blockchain China Japan Malta Switzerland USA Zug
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