Blockchain technology offers a way for developing and / or smaller countries to leapfrog the behemoths. And many of them do!
Vanuatu announced that new, friendly legislation on blockchain and ICOs are soon to be introduced. Vanuatu is receiving assistance and support from Maltese government officials.
The Thai Ministry of Commerce starts conducting feasibility studies on the use of blockchain in the protection of intellectual property, agriculture and trade. Thailand is another country punching way above its weight when it comes to blockchain.
The Central Bank of Azerbaijan started working with IBM to bring blockchain to the government. It is a 5 year plan to transfer the economy by introducing blockchain in the banking sector and by putting digital identification on the blockchain.
China announced to open a blockchain pilot zone on the island of Hainan, in cooperation with the Oxford University. Their goal is to lure international talent to the island.
