🇨🇳 50% of Chinese stock exchange companies investigated fail to demonstrate real applications for blockchain
Shanghai and Shenzhou stock exchanges investigated 23 of 80 companies which publicly announced the adoption of distributed ledger technology (DLT) incuding blockchain. The investigation, which occurred in Q1 2018, found 50% had no practical use for DLT. 56% of the 80 companies saw a rise in price share post-announcement, however.
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