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‘China Needs Better Regulation for Blockchain Growth’

The future growth of China's blockchain industry will rely on well-designed regulatory and standardization frameworks in the country, according to industry experts. At the 2018 Bo'Ao Forum for Asia in China's Hainan province on Tuesday, speakers including Chen Lei, CEO of cloud network provider Xunlei, and Li Lihui, who heads the Blockchain Research Working Group at China's

By | April 10th, 2018|Categories: News|0 Comments

Duan Xinxing: ‘Bytom’s main net to be released in April, big push for international expansion in 2018’

Despite the Chinese government cracking down on ICOs and centralized exchanges in September 2017, China’s blockchain industry is everything but dead. The crackdown mainly focused on the speculative part of cryptocurrencies and avoidance of too much money leaving the country. The government itself has great interest in blockchain technology and the fact that it was

By | April 3rd, 2018|Categories: News|0 Comments

Chinese Government Institute Launches Blockchain for Authentication

A Chinese government-led research body has rolled out a blockchain-as-a-service (BaaS) platform for identity and supply-chain tracking. Dubbed the Blockchain Registry Open Platform (BROP), the system, developed by China Banknote Blockchain Technology Research Institute, was officially launched at a financial technology summit in Hangzhou on Monday, according to Securities Times. While China's internet giants Tencent, Baidu and

By | March 26th, 2018|Categories: News|0 Comments

Financial Times – China leads blockchain patent applications

The Financial Times reports that China was the most active filer of blockchain patent applications last year as the country’s technology and financial services groups rushed to claim exclusivity on the “mutual distributed ledger” that could revolutionise finance and other supply chains. Data collated by Thomson Reuters from the World Intellectual Property Organisation (Wipo) database

By | March 25th, 2018|Categories: News|0 Comments

China’s Biggest Political Event Sees Talk of Blockchain’s Potential

Chinese policy advisors from across various sectors have been weighing in on domestic blockchain development during the first days of an ongoing annual political event. Commonly known as the "Two Sessions" - comprising the National People's Congress (NPC) and Chinese People's Political Consultative Conference (CPPCC) - the event this year has already seen a wide range

By | March 6th, 2018|Categories: News|0 Comments

Member Of China’s Main Political Advisory Proposes National Crypto Trading Platform

A member of China’s top political advisory board has proposed the creation of a national cryptocurrency exchange and other regulatory systems at one of the two annual sessions of China’s top legislative and advisory bodies, local news outlet Lie Yun Wang reported on March 3. Wang Pengjie, а member of the Chinese People’s Political Consultative

By | March 5th, 2018|Categories: News|0 Comments

JD.com to Track Beef Imports Using Blockchain Platform

Chinese e-commerce giant JD.com has announced that it will roll out a blockchain platform to track imports of beef products from an overseas meat supplier. According to an announcement Friday, the e-commerce platform said it has partnered with Australia's InterAgri to import the firm's Angus beef products to Chinese consumers, making the production process traceable on a

By | March 3rd, 2018|Categories: News|0 Comments

People’s Daily: Blockchain Needs Regulation to Grow

People's Daily, an official newspaper of the Chinese Communist Party (CCP), is calling for domestic regulation as part of an effort to foster the development of blockchain technology. In a full-page feature entitled "Three Questions to Blockchain" published Monday, the CCP's official media doubled down on the government's commitment to supporting the use of the technology,

By | February 26th, 2018|Categories: News|0 Comments

Chinese Billionaire: ‘Blockchain Biggest Bubble Ever, Missing It Will Be Your Biggest Mistake’

Chinese billionaire Cai Wensheng, founder of photo touch-up app and smartphone maker Meitu and a well-known angel investor, said in a recent online chat group that he believes blockchain is the biggest bubble the world has ever seen, and missing it would be the biggest mistake anyone can make.  Cai, with a net worth of

By | February 23rd, 2018|Categories: News|0 Comments

500 Startups Teams Up With Huobi Lab To Support Blockchain And ICO Projects

500 Startups, the Silicon Valley startup accelerator, announced yesterday that it is partnering with cryptocurrency exchange Huobi’s incubator wing, Huobi Labs, to help support Blockchain projects and potentially initial coin offerings (ICOs). Huobi Lab will support 500 Startups’ blockchain projects by leveraging Huobi Lab’s global blockchain network. Together, the two firms will provide practical guidance

By | February 22nd, 2018|Categories: News|0 Comments