Read More

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...

Read More

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. ...

Read More

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...

Read More

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...

Read More

Chinese Giant Ping An Claims to Have Over 44,000 Nodes on Its Commercial Blockchain Platform

Mar 13, 2019

Chinese insurance giant Ping An has built the world's largest commercial blockchain platform, with over 44,000 blockchain nodes worldwide spread in more than 200 banks, 200,000 enterprises and 500 governmental and other business organizations in China and overseas. According to the company...

Read More

Chang Dai-chien’s Artwork Blockchained, Taiwanese Startup Adopts Blockchain to Tokenize Fine Art

Mar 11, 2019

A Taiwanese startup TokenBacon has recently put an artwork onto Ethereum blockchain, claiming the world’s first artwork uploaded to the Ethereum blockchain. The startup is kicking off with a partnership with acclaimed painter Patrick Lee, whose best known artwork Time for a Drink coll...

Read More

China’s Ongoing Two Sessions See Urges of Stepping up Blockchain Applications in Real Life

Mar 8, 2019

With China’s Two Sessions gathering the country’s elites from corporates to political parties to pitch new development ideas and strategies, blockchain, as a nascent yet disruptive technology, has been attached growing importance at the country’s biggest annual political event. This year,...

Read More

Blockchain Gains Mainstream Exposure in Popular Chinese Variety Show

Mar 5, 2019

Blockchain has been attracting global attention in these years. However, the abstract concept seems to fail to introduce and demonstrate its applicability to real-world use. Even the technically savvy may have a tough time understanding what blockchain is. Regarding this, many tech-savvy indi...

Read More

Alibaba’s Ant Financial Launches 2 Blockchain Subsidiaries in Shanghai

Mar 4, 2019

Last week, Alibaba’s payment arm Ant Financial has launched two new blockchain affiliates at Huangpu District, Shanghai. Reportedly, the two blockchain startups, Ant Blockchain Technology (Shanghai) Co., Ltd, and Ant Double Chain Technology (Shanghai) Co., Ltd， mainly feature...

Read More

Blockchain Stands to Capture One-Third of Global Economy Cost

Mar 2, 2019

Blockchain’s greatest potential scale of opportunity lies in its capability as a trust machine - a way to industrialise the manufacturing of truths. Its non-human way of producing truth exposes the technology’s economy to more than a third of the global economy in coming years giving it acces...