Whether Bitcoin, Cryptocurrencies and Blockchain Suitable for Social Economic Development in Emerging Markets in Technology Era

Abstract

Industry 4.0 around the world. From year to year, many important cross-border and global blockchain consortia and councils are created in the world. They are aimed at developing, supporting experiences, as well as practical application, and implementation of blockchain technology. These institutions are based mainly in the USA, Great Britain, Japan, Canada, China, Luxembourg, and Dubai (eg Blockchain Embassy Asia or Global Blockchain Council -Dubai).