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Digital Economy’s Wealth Creation: “A Tale of Two Countries – the USA and China”

However, according to the Report, “The United States and China account for 75% of all patents related to blockchain technologies, 50% of global spending on the Internet of Things (loT) [and] more than 75% of the cloud computing market.” Even more alarming is that “The United States and China account for as much as 90% of the market capitalization value of the world’s 70 largest digital platform companies.” UNCTAD’s [Division on Technology and Logistics Director, Shamika] Sirimanne ... stated, “In terms of wealth creation, it is basically a tale of two countries – the United States of America and China.”

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