Numerical breakdown of industries of blockchain enterprises in China 2020
In 2020, the number of blockchain companies in the business services segment amounted to about 11 thousand in China. The total number of newly registered companies in blockchain-related fields in China amounted to 24,687. Even though the Chinese government banned the mining and trade of cryptocurrencies, the number of blockchain enterprises remained high. There are many areas where blockchain technology can find applications outside the realm of digital currencies