Home China

China

All Assets Will Be Traded on Decentralized Exchanges

In an interview with Bloomberg, executive chairman of Blockchain Research Institute Donald Tapscott shared his opinion about the future of cryptocurrency, decentralized exchanges and the fate of traditional assets. Tapscott has suggested that in the near future, the intrinsic qualities of decentralized exchanges will make them compatible with traditional assets, he said: “All assets, not just currencies, but traditional securities …


Chinese Miners Struggle for Easy Ride in Iran

Things aren’t turning out to be smooth for Chinese Bitcoin miners heading into Iran to profit from cheaper electricity rates. Long before China hinted it may consider halting Bitcoin mining projects, the exodus began and Iran recently became a hotspot for miners along with parts of South East Asia such as Vietnam and Cambodia. China’s National Development and Reform Commission …


Research: Blockchain in Finance Still Problematic For Operability, Integration with Enterprise Systems

Research: Blockchain in Finance Still Problematic For Operability, Integrating with Enterprise

New research from China points to several problems blockchain still faces in the finance sector, including data privacy compatibility, operability, and its integration within enterprise systems. The conductor of this research, Wei Kai is head of blockchain research at the China Academy of Information and Communications Technology (CAICT). Wei shared his most recent findings at a 2019 meeting of the International Chamber …


China State Planner Targets Crypto Mining on Clean Up List

China State Planner Targets Crypto Mining on Clean Up List

China’s National Development and Reform Commission (NDRC) is looking to siphon off a number of industries which include cryptocurrency mining as part of a state cleanup. The NDRC of the People’s Republic of China, formerly State Planning Commission and State Development Planning Commission, is a macroeconomic management agency under the Chinese State Council, which has broad administrative and planning control …


Chinese Tech Entrepreneur Calls for Blockchain Solutions to Boost Data Protection

Chinese Tech Entrepreneur Calls for Blockchain Solutions to Boost Data Protection

Chinese serial entrepreneur Steve Wei, founder of SkyVPN, is calling for blockchain solutions to boost Virtual Private Network (VPN) security. Wei’s company allows its users to access the web by privately routing the connection through a remote server. He is claiming that VPN should now be decentralized having observed that those current centralized systems allow scrutiny of user data, app use, …


JPMorgan Inspired But Worried About China Fintech

JPMorgan Inspired But Worried About China Fintech

A recent expedition by JPMorgan Chase & Co executives to China to conduct business reconnaissance of their financial technology (fintech) has resulted in mixed feelings of inspiration and worry, according to the consumer bank’s CEO Jamie Dimon. In a letter distributed to shareholders last week, Dimon outlined the vast progresses made by Chinese banking firms in fintech, claiming that the …


Despite Crypto Ban, China Leads Rest of the World in Blockchain Development

Despite Crypto Ban, China Leads Rest of the World in Blockchain Development

China may have long banned the activities of cryptocurrencies but evidently has been a breeding ground for blockchain as it leads the world by as much as 25% in a niche of select blockchain projects. As reported by an English online publication China Daily, citing Beijing-based data provider Blockdata, back in November last year, China had led the world in …


Leading Chinese Shipping Company Looking to Implement Blockchain Technology

Leading Chinese Shipping Company Looking to Implement Blockchain Technology

The possible implementation of blockchain technology to finance upstream suppliers is being explored by the China Shipbuilding Industry Company Limited (CSICL), People’s Daily (official Chinese newspaper) reported on 27 March 2019. China Shipbuilding Industry Corporation (CSIC), one of the two biggest Chinese shipping conglomerates, owns CSICL. A strategic cooperation agreement, concerning supply chain services, was signed between Shanghai Bank and CSICL. A blockchain-backed online …


Bitcoin Only Ranks 15th in China Crypto Rankings

The China Electronic Information Industry Department (CCID) has just announced its latest rankings for cryptocurrency projects for the month of March. Much to the bemusement of many crypto enthusiasts on social media, the CCID’s Global Public Blockchain Technology Assessment Index (XI) has scored Bitcoin a mere 15th place on the rankings, while EOS sits at top spot. Critics have called …


Bitmain to Install 200,000 Mining Units in China

Major cryptocurrency mining company Bitmain is reportedly preparing to roll out 20,000 of its own mining units in China to capitalize on the country’s cheap hydroelectric power this summer. The estimated USD 80 million in equipment may actually provide the company higher profits if it chooses to mine cryptocurrency in China rather than sell the equipment on, a source familiar with the matter …


123...14Page 1 of 14

Submit Your Story

Submit Sponsored Story

buy and submit sponsored story

Off Beat

Our Friends & Community

coinidol banner

Market Trend

powered by Coinlib
Ad

Submit Your PR

Submit Press Release

buy and submit press release

Read on Google News App

qr code

Newsletter

Get the best viral stories straight into your inbox!

Don’t worry we don’t spam

Events

widget id:12002 is not available. widget status: draft