This article was first published on Stories by moac.io on Medium
Cherie Liu, Head of MOAC Foundation in the U.S., was invited as a guest speaker at the Consensus 2019 summit to talk on ‘The Next 5 Years: Opportunity and Challenge of Blockchain in China and the U.S.’. The annual gathering of the cryptocurrency and blockchain technology world organized by CoinDesk took place in New York on May 13th-15th, 2019.
Since 2015, Consensus has attracted academia, policymakers and every major company, developer, founder and investor in the cryptocurrency and blockchain world to explore, collaborate and debate the future of the industry under one roof. The three-day event brought together experts and enthusiasts across the blockchain community to share ideas and discuss in depth cutting edge solutions, use cases and possibilities related to blockchain technology and cryptocurrency and their future outlook.
In her presentation, Liu first compared the current blockchain industry development in China with the U.S., the two leading countries in the world in blockchain technology development and market adoption. Citing a recent research by Deloitte, she said that the top use cases in the U.S. are payment, shared trading, online ID, loyal reward and transactions.
“In contrast, Chinese government has treated blockchain as a ‘national strategy’ and focused on the use cases industrial innovations instead,” she said.
In addition to her duties at MOAC Foundation US, Liu also serves as a Partner at Outpost Capital, a technology investment group based in San Francisco. She was also a co-author of the book entitled ‘Blockchain and Industrial Innovations’, which was published by the Ministry of Industry and Information Technology, China in 2018.
According to another research, China has surpassed the US to become the country with most blockchain application patents filed between 2014–18.
“And during this period, MOAC has filed well over 30 patents and brought them into real ...
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