You are here:-Tag:blockchain

China’s Blockchain Investment Facing Explosive Growth

According to the "2018 Blockchain Investment and Financing Report" released by the China Research Institute, the number of China's blockchain enterprises has been experiencing growth for six consecutive years, and the investment and financing of the blockchain industry is exploding.   As of the end of 2017, there were more than 320 blockchain companies in the

By | July 16th, 2018|Categories: Blockchain|Tags: , , , , , |0 Comments

China’s Annual Internet Conference Discusses Blockchain

The 17th annual China Internet Conference was recently held in Beijing from July 10-12, 2018. What started as an event to discuss China’s internet issues and policy has transformed into a platform for exchange and cooperation within the internet industry; actively promoting internet applications, and continuing to work on internet public welfare. This years conference focused on the “Innovative

By | July 16th, 2018|Categories: Tech|Tags: , , , |0 Comments

Are Blockchain Projects Destroying ‘Communities’?

Since its release, Bitcoin's market value has grown to more than $100 billion. The Bitcoin community has taken on the responsibility of promoting the rapid development of the industry, and this operation relies entirely on consensus within the group. Under the operation of the community, the market value of Bitcoin has soared. According to Ronnie Moas, founder

By | July 13th, 2018|Categories: Cryptocurrencies|Tags: , , , , , |Comments Off on Are Blockchain Projects Destroying ‘Communities’?

China And France To Build Eco Blockchain Skyscraper

China And France come together to build eco-friendly, blockchain-monitored skyscraper. The New French Dream Towers, if successful, will bring the best of culture, technology, and nature together under one roof. Last month, French architecture firm XTU Architects partnered with Systematic, a French business consortium, and an undisclosed Chinese developer to construct an eco-friendly, blockchain-monitored skyscraper, according

By | July 12th, 2018|Categories: Tech|Tags: , , , , , |Comments Off on China And France To Build Eco Blockchain Skyscraper

Activists in China Use Blockchain to Avoid Censorship

Sources claim that a student of Peking University, Yue Xin, who made accusations against the university’s authority for trying to silence her, has written an open letter to the university on issues concerning an alleged sexual harassment by one of the university’s professor. To avoid government censorship, activists have proceeded to putting up the #MeToo

By | July 12th, 2018|Categories: China|Tags: , , , , |Comments Off on Activists in China Use Blockchain to Avoid Censorship

Ant Financial Looks to Blockchain Technology

Jack Ma-led Chinese e-commerce giant, Alibaba’s fintech conglomerate, Ant Financial considers blockchain technology as one of the five key technologies that will dominate every industry in the long-term. Ant Financial Hopes to Use Blockchain in its Core Businesses At the TechCrunch International City Event held in Hangzhou this week, Zhang Hui, the director of Blockchain

By | July 11th, 2018|Categories: Blockchain|Tags: , , , |Comments Off on Ant Financial Looks to Blockchain Technology

China’s Xi Hates Bitcoin, Not Blockchain

Despite the unhappy breakup between China and cryptocurrencies last year, President Xi Jinping is now calling the founding blockchain technology a 'breakthrough.' For the Chinese authorities, Bitcoin and other cryptocurrencies could create financial risk and potentially jeopardise Communist Party authority. Yet the blockchain technology, that cryptocurrencies are built on, could provide the PRC with greater

By | July 11th, 2018|Categories: China|Tags: , , |Comments Off on China’s Xi Hates Bitcoin, Not Blockchain

Bitcoin Yuan Trading Dips Below 1%

The much-publicised and controversial crackdown by China’s central bank on the country’s domestic cryptocurrency sector has had its desired effect on trading. The People’s Bank of China (PBoC) – the country’s central bank and financial regulator – has released data that claims bitcoin trading in China’s fiat currency, the renminbi (RMB), has dropped below 1 percent

By | July 11th, 2018|Categories: Blockchain|Tags: , , |Comments Off on Bitcoin Yuan Trading Dips Below 1%

World’s Largest Bank Looks to Blockchain

The Industrial and Commercial Bank of China (ICBC), one of China's "Big Four" state-owned commercial banks and one of the world's largest by total assets, is seeking to patent a blockchain system for the exchange of financial assets. According to a patent application filed by the bank in January and revealed on Friday, the system

By | July 10th, 2018|Categories: Blockchain|Tags: , , , , , |Comments Off on World’s Largest Bank Looks to Blockchain

Mining Giant Bitmain Valued at $12 Billion

Chinese bitcoin mining giant Bitmain has reportedly closed a Series B round funding, which values the firm at approximately $12 billion. Chinese business media Caixin reported on Friday citing anonymous sources familiar with the deal that although the exact number of the new equity financing is unknown, it's somewhere between $300 million to $400 million. According to

By | July 6th, 2018|Categories: Cryptocurrencies|Tags: , , |Comments Off on Mining Giant Bitmain Valued at $12 Billion