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Category Archives: Blockchain

Chinese Blockchain Startups Got $3.5 Billion in 2019

Jan 20, 2020

lylian Teng

There were 245 blockchain-related investment and financing events happening in China over the course of 2019, with a total of 24.4 billion yuan ($3.5 billion) invested, according to a recent report by Rhino Data, a local data-driven investment platform. Both the investment and financing deal...

Rising Blockchain Embrace Pivotal to Data Privacy in China?

Jan 12, 2020

Olusegun Ogundeji

Issues surrounding where the line is drawn for service providers when it comes to data privacy has been topical of late across several sectors and regions of the world including China. Globally, the call to respect the human right to privacy has been consistently loud with measures such as new...

Dispelling China’s Global Blockchain Lead Narrative

Jan 11, 2020

Olusegun Ogundeji

The assumption that China may be the world's purported leading country in the blockchain space is no longer new. It has been building up right before President Xi Jinping made his historical blockchain 'endorsement' speech last October. The emerging considerations that tends to put this cla...

Baidu Joins Blockchain Train, Widens Tech’s Adoption Reach

Jan 10, 2020

Olusegun Ogundeji

Baidu is launching the public beta version of its blockchain service for businesses to bring interest in and adoption of the emerging technology to yet another level in China and beyond. At a reported rate of as low as ¥1 (about $0.14) to deploy an application on the open-network blockchain unti...

China to Amend Patent Guidelines for Blockchain, AI

Jan 4, 2020

Olusegun Ogundeji

To supposedly support the uptake of emerging technologies in China, the country's intellectual property body has announced that some amendments would be made to patent application process related to artificial intelligence, "Internet +”, big data, and blockchain. Starting from Feb 1, the C...