Too Long; Didn't Read
There seems to be a popular narrative among many of the nations of the world with regard to blockchain technology and cryptocurrency. The summary of this narrative can be expressed succinctly as “blockchain is good while cryptos are bad.” A number of countries like China, India, France, and the UK that have either banned cryptocurrencies or are introducing strict crypto regulations are among some of the vocal proponents of blockchain technology. Their tough stance on the crypto market doesn’t stop them from recognizing the potential benefits that are inherent in the successful implementation of blockchain technology for government applications.