China is ‘6 years ahead’ of US in building blockchain payment system, CEO says

The U.S. has fallen significantly behind China in the race to develop a blockchain-based payment system, Pantera Capital founder and CEO Dan Morehead told Yahoo Finance in a recent interview.

“China’s six years ahead of the United States in building a blockchain-based payment system,” Morehead said in a Friday segment on blockchain technology with Yahoo Finance Live.

China’s dominance in the blockchain space may propel America into action in the near future, according to Morehead,…


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