🔥 TECHNOLOGY RACE 🔥
The Made in China 2025 plan, which was launched in 2015, had as one of its main objectives to place China as a global technology leader.
It's only February and we've already seen the technology market shake up with at least 3 Chinese initiatives. In addition to the growth that has occurred over these 10 years, such as growth in the automotive sector.
We know that the Chinese government has a strict stance on decentralized cryptocurrencies, but we need to be aware of the profit opportunities that may arise.
Below are the best bets:
Central Bank Digital Currencies (CBDCs):
The Digital Yuan (e-CNY) could become a model for other CBDCs, influencing the global digital payments market. Although it is not a decentralized cryptocurrency, its success could impact the adoption of other digital currencies.
Enterprise Blockchain:
Blockchain projects focused on enterprise solutions, such as VeChain (VET) and Chainlink (LINK), could benefit from the growing adoption of blockchain in China and globally.
Privacy-Focused Cryptocurrencies:
With increased regulation, privacy-focused cryptocurrencies, such as Monero (XMR) or Zcash (ZEC), could gain traction.
Smart Contracts Projects:
Platforms such as Ethereum (ETH), Binance Smart Chain (BNB), and Cardano (ADA) remain solid bets due to their utility in smart contracts and decentralized applications (dApps).
Green Cryptocurrencies:
With global concerns about sustainability, cryptocurrencies that utilize more energy-efficient consensus mechanisms, such as Algorand (ALGO) or Tezos (XTZ), could attract more attention.
Interoperability:
Projects that focus on connecting different blockchains, such as Polkadot (DOT) and Cosmos (ATOM), can benefit from the growing complexity of the cryptocurrency ecosystem.
Here are some other Chinese-origin cryptos to keep an eye on:
