The world is embracing Blockchain and the countries that started long time ago to research about will be pioneer in the field. The issuance of a CBDC by China and the imminent entrance of Western countries on the run to build and research a lot more of digital coins are gaining traction.

Nations that deal only with the US Dollar are getting worried about the Development of the Digital Yuan, as it has been on plan since 2014, a year after the launched the Silk Road Project, that will connect China to East Asia, Europe and Parts of Africa.

The Blockchain initiative taken by the country leader in China, Xi Jinping, and as a part of a major plan to implement on the Development of the industry, services and who knows the issuance of some crypto in future, despite for now a illegal asset in the Mao Tse Tung Nation!

The World is worried with China intents as they worried about the Libra digital coin, as Facebook the company behind it, come with an innovative system of payment that will, if approved, works as a global payment and money, pegged with the main world Fiat Currencies.

That plan of course, has been seen as "threat" from the Regulators and took Some Nations, to consider, a threat to sovereign finances and forbid it to be used! France since the beginning expressed their abnegation to Libra!

Since then, a Bunch of CBDCs are coming out with projects, inspired by the Libra stablecoin project and the denial to the project increases!

One thing we have to admit, the first to adopt the Blockchain will become experts on the matter and be upfront with the Tech and the last will be forced to watch them develop their Nations!

The world is going Blockchain!

**Free image from pixabay.com.