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EY, Maersk and Microsoft Create Blockchain-Based Marine Insurance Platform

Consultancy EY, data security firm Guardtime, Microsoft and ship operator Maersk have joined to build a blockchain-based marine insurance platform that will be the first real-world use of the nascent technology in the shipping industry. EY and Guardtime said the platform had already been built and would be deployed in January, when A.P. Moller-Maersk, which

By | September 6th, 2017|Categories: Blockchain, China, News|0 Comments

The latest announcement from NEO

In response to the commotion caused by China's ICO ban, the NEO team decided to come with an official statement. Please find the complete text below: Dear NEO community, First of all, thanks to all the participants of NEO community for the support and contribution. The open-sourcing project has been developing healthily since its inception

By | September 5th, 2017|Categories: Blockchain, China, Cryptocurrencies, News|0 Comments

Ban on ICOs – the aftermath: Fear, Uncertainty and Doubt

Update 2017.09.06 Where people were probably hoping for all the dust to be settled and most cryptos started to climb up again after its crash on Monday, today was another day of fear, uncertainty and doubt following China's ICO ban. Various trading platforms, including Binance, Jubi and Yunbi, made similar statements about tokens being suspended

By | September 5th, 2017|Categories: Blockchain, China, Cryptocurrencies, Featured, News|0 Comments

Why China needs blockchain (but doesn’t need Bitcoin): Five predictions on the future of cryptocurrencies in China

Ever since the news got out that the Chinese government is blocking new ICOs, news sites and fora have been buzzing with speculations about the future of cryptocurrencies in China. Reactions vary from plain denial, clear misreading of the situation and doom-scenario forecasts for the global crypto market. Chinese coins took a strong hit (NEO went down 50% since the

China meets Ripple: Government Support for Cryptocurrencies?

The Chinese government’s announcement that it is blocking ICOs (Initial Coin Offerings) on the grounds of economic and financial disruption has destabilized the digital world order. Those who have completed ICO fundraising are now required to return funds to investors, many of whom, along with other crypto-enthusiasts, are left concerned about the uncertain future of

By | September 5th, 2017|Categories: Blockchain, China, Cryptocurrencies, News|0 Comments

ICO has just been blocked, Liu Dahong announced to make China’s first blockchain technology sharing platform

After the joint announcement of a ban on ICOs on September 4th, all kinds of token issuance financing activities must be stopped immediately. The strict administrative instruction directly forces out the unrestrained ICO. In this delicate period, Liu Dahong insisted on publishing this interview, stating that he is going to create a bold vision for

By | September 5th, 2017|Categories: Blockchain, China, News|0 Comments

Blockchain conferences in China cancelled following ICO ban

After the cancelled DACA International Blockchain Summit last weekend, more events in Beijing related to blockchain and cryptocurrencies are being cancelled or postponed, including the 2017 Shape The Future Conference. The event invited more than 80 enterprises and blockchain experts from all over the world were supposed to give speeches. In addition, the first Chinese

By | September 4th, 2017|Categories: Agenda, Blockchain, China, Cryptocurrencies, News|0 Comments

China bans companies from raising money through ICOs

Regulators are about to begin scrutinizing China's initial coin offerings — an industry worth hundreds of millions of dollars. Local outlet Caixin reported that a notice, issued by a working committee that oversees risk in the country's internet finance sector, said new projects raising cash or other virtual currencies through cryptocurrencies will be banned. It

By | September 4th, 2017|Categories: Blockchain, China, Cryptocurrencies, News|0 Comments

The Third Global Blockchain Summit to be Held on September 14-16 in Shanghai

Industry gurus such as Nick Szabo and Vitalik Buterin have confirmed their presence at the upcoming 3rd Global Blockchain Summit slated for 14th-16th September 2017 in Shanghai, China. Global Blockchain Summit, initiated by Wanxiang Blockchain Labs in 2015 and held every autumn since then, is one of the biggest global events in the industry. The

By | August 30th, 2017|Categories: Agenda, Blockchain, China, Cryptocurrencies, News|0 Comments

Agricultural Bank of China launches blockchain-based loan system

On 1 August, ABC (Agricultural Bank of China) completed the 1st blockchain-based loaning business with the technical support from Hyperchain, a Hangzhou-based blockchain startup. The launch of “E-blockchain Loan” system marks the first practical blockchain-based user case in domestic banking industry. ABC is one of the four major state-owned bank in China. The product was

By | August 18th, 2017|Categories: Blockchain, China, News|0 Comments