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China’s Forex Regulator Pilot Blockchain Powered Cross-Border Trade Finance Platform

Apr 25, 2019

China’s foreign exchange regulator, the State Administration of Foreign Exchange (SAFE), will pilot its cross-border trade finance platform supported by blockchain, according to local financial news media outlet CNStock on April 24. The platform was initiated by the forex bureau an...

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China’s E-Commerce Giant JD.com Releases White Paper Outlining 5 Blockchain Use Cases

Apr 10, 2019

Chinese e-commerce giant JD.com unveiled a white paper on April 9 detailing its blockchain exploration in 5 areas and the next big step into the industry. Dubbed JD Blockchain Technology Practice White Paper 2019, the white paper notes that the blockchain team of JD Digits, formerl...

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China’s Blockchain Agenda Could Happen Sooner Than You Think

Apr 5, 2019

In this concluding report from a recent RMIT Europe workshop on blockchain held in Barcelona, the focus is on China and blockchain. In the first post, the main speaker shares how blockchain stands to capture an estimated 35% of global economy cost - about $27 trillion. China seems ...

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Report: China Leads World in Blockchain Projects with 263 in Progress

Apr 2, 2019

China is leading the world in the number of blockchain-related projects, with 263 in progress, according to a report by the state-run media outlet China Daily on April 2. The speed and effort of companies in embracing blockchain technology are startling. Citing data from the Beijing-based ...

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Regulation Could be Driving Blockchain Events From Asia to Europe

Mar 30, 2019

From France to The Netherlands, Europe seems to be bracing up to the challenge to outdo Asia in hosting high-quality blockchain events in 2019 owing to regulatory developments, an industry insider said. Karim Sabba, the co-founder of Paris Blockchain Week shares a view in line with...

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Chinese City Adopts Blockchain in Housing Lottery System

Mar 27, 2019

The Chinese city of Suzhou in East China has introduced blockchain technology into its housing lottery system, in an effort to make the housing lottery process more transparent and tamperproof, according to a local report. The blockchain-based system for housing lottery was co-developed by ...

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Chinese College Student Scammed JD.com for 1.1 Million Yuan， Which Can be Prevented by Blockchain

Mar 21, 2019

March 8, a court in the central China province Hunan has sentenced the high-profile college students scam case. The prime culprit with the surname Wang now faces more than 10 years of imprisonment and 80,000 RMB ($11,900) for scamming Chinese online retail giant JD.com for 1.1 million RM...

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China’s First Blockchain-Based Electronic Invoice for Public Transit Appears in Shenzhen

Mar 19, 2019

Shenzhen’s tax authority and tech juggernaut Tencent jointly announced on March 18 that China’s first blockchain-based electronic ‘fapiao’ (invoice) has been issued at the Futian Station of the city’s metro network, according to a press release from Tencent Financial Technology. ...

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China’s Delivery Giant SF Express Highlights Three Blockchain Use Cases in Its Annual Report 2018

Mar 18, 2019

SF Holding, the owner of China's largest express delivery company, SF Express, highlights the applications of blockchain technology in its smart logistics network in the annual report 2018 which was released on March 15, showing a clear ambition to differentiate itself from rivals in increas...

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China’s Developers Survey: 79% of Developers Are Considering to Enter the Blockchain World Within a Year

Mar 14, 2019

As blockchain is gaining ground in China, developers in the country show increasing interest in exploring the potential of the emerging technology. China Software Developer Network (CSDN),the country’s largest community website and services platform, released the China’s Developer S...