China is striving to become a world leader in the field of blockchain. Specialized courses are already taught in dozens of Chinese universities, and local officials listen to lectures on technology. However, cryptocurrencies are banned in the country — the most popular of its applications. About the prospects of the Chinese blockchain and the demand for specialists in this field — in the retelling of the Coindesk material.
October 24, 2019 marked the beginning of tectonic changes in blockchain education in China.
That day, speaking to the politburo of the Communist Party of China in Beijing, Xi Jinping said that the country needs to “take advantage of the opportunity” provided by blockchain technology. These words indicated ambitious plans to achieve China’s leadership in the global development of this technology.
Universities in China have heard this message. In 2020, 14 Chinese colleges established bachelor’s degree programs in the field of blockchain, following Chengdu University of Information Technology, which founded the country’s first specialized college a few months before Xi Jinping’s speech.
But there is a contradiction in these ambitions. While the Chinese admire blockchain, cryptocurrencies, the most popular application of the technology, are currently banned by law.