That is very true if they will leverage this with buyers to juice a funding spherical. At one time, China was dwelling to almost 35,000 blockchain corporations, based on publicly obtainable company registration information. In fact many have been companies leaping in by including blockchain to their title to entry growth subsidies, in addition to out-and-out frauds. That quantity, based on SCMP’s report, is all the way down to round 1,800, so the herd has been thinned.