Outpaced by the chain - How Blockchain is being promoted in East Asia

Blockchain is one key technology that will dominate the economy in the near future. China, Japan and South Korea protect their blockchain innovations with patents. By the time German players wake up, the field will have been staked out. Applications can be bought, but others will have the control and the earnings. The private sector and government in Germany should drop their skeptical attitude, invest in research and test practical applications, argues Finn Mayer-Kuckuk.