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China to Launch Nationwide Blockchain Service Network Supported by China UnionPay and China Mobile

Oct 16, 2019

On October 15, China State Information Center, China Mobile Communications Group (CMCC) and China UnionPay have jointly announced the formal test of blockchain service network (BSN). BSN is a nationwide blockchain service infrastructure platform featuring cross-public netwo...

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New Chinese Internet Tycoons Met with Vitalik in Blockchain Summit

Oct 15, 2019

The founder of ‘Meituan’, a Chinese Internet giant took a photo with Ethereum’ founder Vitalik in a blockchain summit held in Beijing, China. The photo prompts speculation that whether ‘Meituan’ wants to take on the blockchain world. The two-day-long event also brought toge...

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Ethereum, Other Blockchains Discuss Working Together at DeVConf 5

Oct 13, 2019

One of the key highlights of this year's Ethereum developers' conference (DeVCon 5) is a panel discussion on whether it is possible to have a peaceful interoperability of multiple coin communities in the long run or that they have to continue competing against each other until one emerges as th...

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What’s Stopping Blockchain From Winning Global Enterprises

Oct 10, 2019

As Gartner releases a report on why blockchain may not hit mainstream until about in a decade, the Global Blockchain Leader at EY consulting firm hinted what could be the main challenge hindering the emerging technology from hitting its full potential. EY's Paul Brody says that while a...

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Insight into Blockchain Market in Southeast Asia

Oct 9, 2019

In recent years, the proportion of venture investment in blockchain industry in Southeast Asia is relatively high which is approaching 30%. Although most of the countries except Singapore or Thailand are still in the early stage without mature trading platforms, wallets or media or perfect ind...

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Chinese Entrepreneur Dropped Dead after His Blind Investment in Blockchain

Oct 8, 2019

A Chinese entrepreneur was struck down after losing heavily in blockchain investment, his company revealed on October 5. Zhang Zhenxin, the 48-year old chairman of UCF Group, a multifaceted financial service provider, has reportedly passed away on October 5. UCF Group, founded by...

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Ant Financial Unveils Blockchain-driven Eco with Application Scenarios Covering All Walks of Life

Sep 26, 2019

Ant Financial, a spin-off of Chinese e-commerce giant Alibaba and akin to Paypal in the U.S., has revealed its blockchain-driven open ecosystem and a cross-chain product ODATS (Open Data Access Trusted Service) at the Apsara Conference held by Alibaba as an annual tech and cloud ...

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Chinese Giant Ping An’s Blockchain Platform Plans U.S. IPO in November

Sep 23, 2019

Oneconnect, a blockchain platform launched by Shanghai-Ping An Group, the second-largest insurance company in China turns to U.S. for IPO in November. Oneconnect is currently valued at $8 billion and plans to raise $1 billion. Oneconnect has provided services to more than 200 banks,...

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Mixed Views as MasterCard Goes Blockchain

Sep 13, 2019

It is not the first time a major financial corporation will enter the blockchain space in a similar fashion but is Mastercard's foray into the space going to be anything different? The payment service provider announced a strategic partnership with R3 enterprise blockchain software provider to b...

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NEO Talks Blockchain Growth in China, Launches Kit for 21 Million Developers

Sep 7, 2019

The first NEO Community Assembly (NCA) has seen the launch of three NEO3.0 products —NEO•ONE, NeoFS (NEO distributed file system), and NEO Blockchain Toolkit. The week-long event also brought together leading China-based blockchain leaders including Ontology, VeC...