Blockchain in China: Will Decentralization Transform the Financial Industry?

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
22 November 2016
Hua Zhang


Blockchain technology may become the infrastructure that transforms the business model of financial institutions and markets. In the securities industry, the technology will change the issuance of securities, clearing, voting at shareholders’ meetings, and equity crowdfunding. In the banking industry, blockchain will bring changes to payments, billings, and supply chain finance.

In the report Blockchain in China, Celent examines the characteristics of blockchain applications in securities and banking. Blockchains are especially suited to areas that are dependent on credit and where there are inefficiencies in the current centralized model, including issuance and brokerage, and for payments and transactions.

“Blockchain technology is not likely to bring about financial decentralization in the short term; banks, stock exchanges, and registration and settlement institutions will still continue to play important roles in the financial system and markets,” says Hua Zhang, an analyst with Celent’s Asian Financial Services practice and author of the report.

This report provides an overview of China’s blockchain infrastructure, applications, and trends. It contains four figures and three tables.

Subscription required

Access to this content requires a Celent research subscription.

Subscribers should sign in to access this research.

If you are not a subscriber, register now or contact us to find out more about our subscription options.

Insight details

Capital Markets, Corporate Banking
Subscription(s) required to access this Insight:
Banking, >>Corporate Banking, Capital Markets
Insight Format
Geographic Focus