Blockchain Growth In China: Updates, Info, and What You Need To know About Design

The blockchain is thriving today in a variety of industries. While Blockchain and Multiparty Systems are indeed buzzwords, that doesn't mean they are without merit. China's 14th Five-Year Plan and Long-Term Target Framework for 2035 publicly recognized blockchain as a major industry in the digital economy and advocated the "coordinated transformation of the entire industry chain through data empowerment."

In the last year, the Chinese crypto environment has undergone a dramatic transformation, leaving many experienced players behind. Those who have not adapted have either abandoned the industry or fallen behind. Despite new regulations, China remains a global cryptocurrency mining hub. It is estimated that 65% of the Bitcoin network's hashrate was based in China before the regulations. The Chinese blockchain industry is projected to reach a high level of development globally by 2025, according to the country's vision. This will result in widespread applications being incorporated into daily life, making it a key player in the global economy. By then, a number of well-known blockchain products will be available, particularly in the areas of product traceability, data circulation, and supply chain management.

The experts’ takes on the topic

- Chinese crypto social media groups are growing in size and diversity, indicating that they are becoming more popular and influential. Those who used to rely on large chat groups to get their information about new initiatives or news about blockchain and crypto have migrated to smaller, more exclusive forums in order to learn more effectively and to stay up to date. Today's market participants are well-versed in DeFi technology, which is why they are so successful.

- The next generation of investors, known as Gen Z traders, are starting to play an important role in the cryptocurrency market. They use popular Chinese social media platforms to live stream their investment activities. 

- Metaverse is a hot blockchain trend in China, and applications using it are projected to be even more popular in 2022. The blockchain is expected to provide multiple platforms for users to use NFTs and cryptocurrencies.

- China has selected 15 pilot zones to apply blockchain technology and has identified many areas where it can be used effectively. This will help to develop a trustworthy system, and fully utilize blockchain's function in boosting data exchange, optimizing corporate processes, lowering operating expenses, and improving cooperation efficiency.

The 3 major events in China to build knowledge, skills, and connections

- International Conference on Big Data and Blockchain in Beijing

- Greater Bay Area Blockchain Week (virtual) in South of China

- Shanghai International Blockchain Week - Global Blockchain Summit in Shanghai

 The design trend for blockchain

• In contrast to the monochromatic techniques of the previous year, there is a trend toward darker and bolder designs.
• Futuristic patterns and colors are on the rise, and they are becoming more popular each year.
• Consumers are becoming increasingly used to modern, sleek, and clean designs, and not having one is a significant disadvantage.
• Playful, bold font is now utilized for more than just reading; it's also employed to make a statement.
• The optical illusions, like pixels, that we have seen from 2020 will continue to spread into 2022.
• Blockchain graphic design is dominated by blue, any shade of blue will stand out right away.
• Animation can help draw users' attention to the main content of a page, helping to increase engagement, but also just for branding purposes and convey modernity.

We're always excited to work with forward-thinking web3 firms, helping them take their products to the next level.

We know what it takes to serve the needs of blockchain and crypto businesses' users, after collaborating on and studying several projects.

Is there a difference between blockchain and traditional branding? Yes, there is.

We're a design agency with the technical understanding and the creative chops to help break down the barriers to wider adoption.

Take a look at our most recent blockchain client.

 Client: Saito

Scope:

Website design 

WordPress based development

2D animation design 

Animation development

Website: Saito.tech

 Customer testimonial

Flow embraced the challenge of communicating Saito's core concepts in an engaging and visually appealing way. They worked closely with members of the Saito community to create a visually adventurous approach that motivates its audience to begin a mentally exciting but taxing journey. We are extremely happy with the results and proud to have the site as our audience's first experience of the project.

Richard Parris, Co-founder - Saito