[ad_2][ad_1] In the letter American artist, programmer, and writer Xiaowei Wang ventured into the remotest regions of China to explore the impact of the technological revolution. A blockchain-enabled remote chicken farm embodied the challenges and opportunities transforming China’s economic landscape. The ongoing change is unprecedented in scope and comes at …
Read More »China’s national blockchain project adds support to Polkadot
[ad_2][ad_1] The Chinese government-backed blockchain initiative, the Blockchain Service Network, or BSN, is introducing support for another batch of major blockchain protocols. On November 26, it announced which will integrate Polkadot, Oasis and Bityaun into its ecosystem on November 30th. Polkadot’s blockchain protocol is designed to connect multiple specialized blockchains …
Read More »US intelligence chief raises concerns with SEC over China’s encrypted dominance: report
[ad_2][ad_1] Tip Ranks Bull Moves: Analysts just updated these 3 hot stocks The largest asset manager in the world was impressed by the recent market gains and clarified this sentiment by updating US equities. In its recent reassessment of conditions in US financial markets, investment giant BlackRock issued a general …
Read More »China’s 20th Crypto Rank: Bitcoin, Ethereum, Which Rank?
[ad_2][ad_1] Backed by the Chinese government, the institute has released its 20th blockchain assessment report. Top five; It consisted of EOS, Ethereum, IOST, Tron and Dash. The Research Institute of China Information and Industry Development Center (CCID), supported by the Chinese government, has published the twentieth of its public reviews …
Read More »How Ant’s suspended IPO correlates with China’s digital yuan
[ad_2][ad_1] Ant Group’s suspended initial public offering (IPO) shed further light on a possible motivation behind China’s digital yuan. The Chinese government appears to view the payment giant as a destabilizing force for the Chinese economy, and the digital yuan is one way to keep companies like this in check. …
Read More »China’s leading state-owned bank uses Blockchain to sell $ 3 billion worth of bonds
[ad_2][ad_1] China Construction Bank, one of the nation’s four large state-owned banks, partnered with a Hong Kong-based fintech company Fusang launch the sale of $ 3 billion worth of debt securities using blockchain in hopes of reducing the costs of services traditionally associated with financial intermediaries. The digital bonds, which …
Read More »Blockchain Bites: China’s Tether Crackdown, CME’s Bustling Bitcoin Markets, Kin’s “ Active Development ”
[ad_2][ad_1] Chinese officials are cracking down on cable exchanges. The CME bitcoin futures exchange is heating up, signaling institutional interest. And Kik’s token kin will continue development after a $ 5 million SEC deal. Upper shelf Ripple, across the pondRipple CEO Brad Garlinghouse provided more information on the company’s possible …
Read More »So far, China’s digital currency has been used in 3 million transactions worth over one billion yuan
[ad_2][ad_1] The digital currency of China’s central bank has been used in 3.13 million transactions worth about 1.1 billion yuan ($ 162 million) so far, the deputy governor of the People’s Bank of China reported. In addition, more than 122,000 digital wallets have been created. “Positive progress” of the digital …
Read More »China’s Bitcoin mining industry had the biggest impact this year, the report said
[ad_2][ad_1] Tokeninsight researchers and analysts have released the “Report on the Cryptocurrency Mining Industry of Q2 2020” which shows that the sector has grown exponentially over the past six months. The results indicate that cryptocurrency mining has expanded a lot, but China’s bitcoin mines “had a big impact” in the …
Read More »Report reduces China’s Bitcoin mining capacity to 50% of the world total, increases the US to 14%
[ad_2][ad_1] A new report from crypto research firm Bitooda says China accounts for only 50% of Bitcoin’s global mining capacity and the United States 14%. The data stands in stark contrast to previous findings from the University of Cambridge’s Center for Alternative Finance (CCAF), which rated China’s share of the …
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