Recently, I’ve been paying attention to a few interesting Chinese cryptocurrency projects, and I feel they’re worth discussing.

NEO is a good starting point—the project known as the “Chinese Ethereum.” It supports smart contracts, and it has government backing behind it, which is relatively rare in the crypto space. It also has a design with two tokens—NEO for managing the ecosystem, and GAS is used to pay transaction fees—the logic is quite clear.

I think VeChain has done something very practical—mainly supply chain tracking and anti-counterfeiting. Partners include big companies like Walmart and BMW. It’s not a fantasy; it’s truly solving real-world problems. It also promotes green technology as one of its directions.

ConfluX claims to be China’s fastest public blockchain, with 3,000 transactions per second. It also happens to be the only Chinese public blockchain that is recognized by regulators. This means it has a natural advantage in terms of compliance, and it’s also trying to integrate with traditional enterprises.

Ontology mainly focuses on data security and identity verification, with application scenarios in healthcare and finance. It can also be compatible with Ethereum and Polkadot, with good ecosystem extensibility.

Why are these Chinese cryptocurrency projects worth watching? Mainly because they’re not just hype; they have real use cases—from supply chain tracking to healthcare to identity verification—matching real business needs. Plus, with changes in the policy environment, these projects with actual deployment may be the ones that see opportunities. Instead of chasing trends, it’s more reliable to find projects that have genuine value.