The world is looking on uneasily as China challenges the United States as a technological power, but a zero-sum game is not an inevitability. Governments, businesses, and civil society can come together to help the world break out of this duopoly for a more sustainable future.
China seems to be of two minds about blockchain, cracking down on cryptocurrencies while recognizing the enormous potential of the technology behind them. Only permissioned, centralized versions of blockchain will be allowed to develop in China, but doesn’t this defeat the purpose of a technology designed to be open, in more ways than one?
With the emergence of Bitcoin and other decentralized crypto-currency and central bank digital money, governments must now act like strategic oligopolists.
What would the metaverse – an interconnected network of virtual spaces – look like in a geopolitically fragmented world?
Blockchain and digital currencies could accelerate de-dollarization as countries question the dollar's continued supremacy and the increased use of financial sanctions
Asia Global Institute
The University of Hong Kong
Room 326-348, Main Building
Pokfulam, Hong Kong
asiaglobalonline@hku.hk
+852 3917 1297
+852 3917 1277
©2024 AsiaGlobal Online Journal
All rights reserved. Terms of Use - Privacy Policy.
Opinions expressed in pieces published by AsiaGlobal Online reflect those of the authors and do not necessarily represent the views of AsiaGlobal Online or the Asia Global Institute.
The publication of AsiaGlobal Voices summaries does not indicate any endorsement by the Asia Global Institute or AsiaGlobal Online of the opinions expressed in them.
Check out here for more research and analysis from Asian perspectives.
