China’s economic experts fail to agree on the future of blockchain and digital currency, as per a survey from web giant Tencent, cited by local news outlet Jiemian February. 1.

Sent to 100 chief economists from banks, research institutions and universities, the survey was reportedly conducted by Tencent’s financial Science and Technology Company. Participants were asked concerning the Chinese government’s financial policy for 2019, in addition as factors like the yuan’s future volatility.

The results showed schisms between them, Tencent highlighting six areas of disagreement.

For example, roughly 0.5 — 51 % — of respondents would support Beijing issuing a central bank digital currency (CBDC), a blockchain-based version of the yuan.

40 % said they'd not support a government-backed digital currency.

Regarding blockchain, the results generally echoed those of different recent surveys.Economists fell into 3 groups: 33 % believed the technology was extremely vital, 32 % was a lot of neutral and 19 percent were unenthused concerning blockchain.

As Top Market Group antecedently rumored, China’s central bank, the People’s Bank of China (PBoC), continues to explore the likelihood of issuing its own centralized digital currency, in line with numerous different jurisdictions worldwide.

In Oct last year, the PBoC sought to hire four cryptocurrency professionals with experience in blockchain, cryptography, security and chip design.

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