China and Turkey are in the trend
The introduction of blockchain and digital currency is essential for innovation in key technologies and the transformation of industry towards a digital economy, Chinese President Xi Jinping said.
“We should see blockchain and digital currencies as an important discovery for the independent implementation of key technologies of the future. We need to clarify the main directions, increase investment and focus on several major applications of the technology, “ Xi said. In his opinion, China is able to take a leading position in the world in the field of blockchain and digital currencies to gain new advantages in the era of the digital economy.
Turkish President Recep Erdogan also announced that the country will launch a national cryptocurrency by 2020. It is expected that it will significantly strengthen the economy of the state and increase its investment attractiveness.
The President has high hopes for his own cryptocurrency. In his opinion, the digital currency should strengthen the country’s economy, turning Turkey into a modern financial center capable of meeting the highest requirements in the world investment sphere. In addition, the digital Lira should help the local economy to develop due to its simplicity, speed and cheapness of transactions.
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