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Category Archives: Blockchain

Baoquan close 25 million yuan angel round funding

Apr 27, 2017

chinabtcnews

27 April, Hanghzou-Baoquan, a blockchchain startup based in Hangzhou Zhejiang, close 25 million yuan (~3.6 million USD) angel round funding recently. The funding was led by Dingfeng Capital, Zhejiang Tsinghua Yangtze River Delta Research Institute of Hangzhou Branch, Jia Hui Z...

Has Decentralization Become the Panacea?

Apr 26, 2017

Cindy23

Thanks to the growing popularity of Bitcoin and other virtual currencies, the word decentralization has become the latest fashion in almost all business sectors. If one thinks a startup will be a failure, he will simply put it:  " This is not decentralized." Decentralization enthusiasts boas...

How Bitcoin Miners Could Lose Revenue In An Attack

Apr 20, 2017

Olusegun Ogundeji

Internet routing attacks (such as BGP hijacks) and malicious Internet Service Providers (ISP) can reduce miners’ revenue and expose their networks to double spending, a study that argues for encrypting Bitcoin traffic or traffic exchanged among miners has shown. Put together by Mari...

Tencent’s Webank: Blockchain based buisness system is ready

Apr 10, 2017

Dolores

At the end of March,2017,  China’s first interagency consortium blockchain built by WeBank has been initiated, and its application data records have reached to 2.2Million. This application aims to optimize the bank reserve management and reconciliation process in syndicated loan service, by...