A recent report ranked Singapore as the leading country in the field of blockchain and cryptocurrency. This study evaluates countries based on a composite index, including the number of blockchain patents, blockchain-related jobs, and the number of crypto exchanges. Each criterion's score is standardized on a scale from 1 to 100, reflecting the level of development and innovation in this field.
Singapore leads the race in blockchain and cryptocurrency technology.
With a score of 85.4, Singapore affirms its leading position in global blockchain innovation. The country has over 2,400 blockchain-related jobs and 81 crypto exchanges, highlighting strong investment in human resource development and technology infrastructure.
Hong Kong ranks second with a score of 82.7, thanks to its effectively integrated blockchain financial system. The region has over 1,100 jobs in the blockchain sector and maintains 52 crypto exchanges.
Estonia, despite its small population, achieved third place with a score of 81.5. The country has granted 95 blockchain patents, created 149 related jobs, and operates 52 crypto exchanges.
Switzerland ranks fourth with a score of 80.2, excelling in the decentralized finance (DeFi) sector. The country offers 440 jobs in the blockchain field and maintains 32 crypto exchanges.
Top 10 Blockchain Countries of 2024 | Source: ApeX.
The United States is lagging in the blockchain race.
Despite recording 32,000 patents and over 17,000 blockchain-related jobs, the United States ranks fifth with a score of 79.8. While it remains a significant player with 166 crypto exchanges, the United States is gradually losing momentum in the global race.
A report from Electrical Capital in 2024 indicated that the United States has lost 2% market share in the blockchain sector over the past five years, primarily to emerging markets like India, Ukraine, and Southeast Asia. A notable comment from a user stated: 'This data once again emphasizes that the United States is falling behind due to outdated regulations.'
Other potential countries.
Canada, Australia, and South Korea rank sixth, seventh, and eighth, respectively. Canada scored 77.3 with 1,200 patents and jobs, demonstrating a strong commitment to innovation. Australia earned 76.8 points with 1,400 patents and 573 blockchain jobs. South Korea, with 18,000 patents – the second-highest globally, scored 75.4.
The United Kingdom ranks ninth with a score of 74.9, providing 95 crypto exchanges and over 2,600 blockchain-related jobs. The UAE rounds out the top 10 with a score of 73.2, recording 340 blockchain patents, 414 jobs, and maintaining 9 crypto exchanges.
Emerging markets and future trends.
While leading countries continue to dominate the rankings, emerging markets like Nigeria, Kenya, Brazil, and Argentina are gradually asserting their strong potential. In Southeast Asia, besides Singapore, Vietnam and the Philippines are also pioneering the application of blockchain in remittances and decentralized finance.
ApeX representatives emphasize the role of leading countries:
"Pioneering countries not only adopt technology but also shape its future, driving a more decentralized and transparent world."
The global blockchain race is ongoing, with the potential for new leaders to emerge in the coming years. Investment in infrastructure, human resources, and clear regulations will be key factors for countries to gain an advantage in this field.
https://tapchibitcoin.io/singapore-hong-kong-dan-dau-cuoc-cach-mang-blockchain.html