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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 to Track Beef Imports Using Blockchain Platform

Chinese e-commerce giant 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

China Launches Its First Blockchain Based Housing Rental Platform

On February 10 Xiong’an, China’s state-level district in the Greater Beijing region, announced that it will start using blockchain technology for its local house rental market. Through this concept they aim to ensure the authenticity of certain data, such as properties, landlords and tenants. The project will be executed by three Chinese giants: Ant Financial,

By | February 18th, 2018|Categories: News|0 Comments

China’s State Media Takes Aim at Crypto Trading and ICOs

China's state-owned news agency appears to be stepping up rhetoric on over-the-counter (OTC) crypto trading and overseas initial coin offerings (ICOs), calling the blockchain use cases attempts to bypass domestic regulation. In a news report published Feb. 12, the Xinhua News Agency detailed how purchasing cryptocurrency assets through OTC channels is easily available by having reporters register

By | February 13th, 2018|Categories: News|0 Comments