A Comparative Study of the Internet Financial Industry in China and the United States Based on a Blockchain Perspective

Abstract

This study compares the Internet industry in China and the United States, and discusses the current shortcomings of China's blockchain industry development compared to that of the United States, such as less-than-expected infrastructure construction, weaker awareness of technology development, patent and intellectual property protection, and less ambitious Internet industry layout. By analyzing the strengths and weaknesses of the respective digital currencies of China and the United States, the perspective of blockchain is taken in the Internet industry of China and the United States for comparative analysis. Suggestions are made to; strengthen the infrastructure construction of the Internet industry; pay attention to the technology research and development, patent and intellectual property protection of the Internet industry; focus on the overall layout of the Internet industry.