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Area of Science:

  • Computer Science
  • Information Technology
  • Economics

Background:

  • Blockchain technology emerged over a decade ago with Satoshi Nakamoto's Bitcoin paper.
  • The technology facilitates secure, distributed data storage and value transactions.
  • Blockchain gained significant attention due to Bitcoin's price volatility (2017-2018).

Purpose of the Study:

  • To provide an expert overview of blockchain technology's development.
  • To explore the future trajectory of blockchain applications in China and internationally.
  • To synthesize diverse expert opinions on blockchain's impact.

Main Methods:

  • Expert panel discussion.
  • Review of recent trends and government policies in China.
  • Analysis of blockchain applications across various fields.

Main Results:

  • China's cautious approach includes banning initial coin offerings but plans widespread blockchain application in the real economy.
  • Expert opinions suggest diverse future developments for blockchain technology.
  • The discussion highlights the growing importance of blockchain in global technology and economics.

Conclusions:

  • Blockchain technology holds significant potential for transforming various sectors.
  • China's strategic approach indicates a move towards integrating blockchain into its economy.
  • Continued expert dialogue is crucial for navigating the future of blockchain.