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A New Blockchain Alliance Is Established in Guangdong-Hong Kong-Macao Greater Bay Area

Nov 19, 2018

China has recently established a new blockchain alliance in its Greater Bay Area, an area integrating nine cities in Guangdong with Hong Kong and Macau to create a technology and innovation hub with ambitions to rival Silicon Valley, China News, a state-run press agency,reported on N...

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Into the Future: Analysis and Predictions of Cryptocurrency ｜8 Decimal Research

Nov 15, 2018

As the first application of blockchain technology, Bitcoin has been the most popularly traded cryptocurrency since first introduced, comprising 54% of total cryptocurrency value. When considering an ICO project, you need to consider not only your own country’s laws but also that of eac...

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A Chinese City Launches Blockchain Platform for Real Estate Data

Nov 14, 2018

The Chinese city of Loudi in Hunan Province has launched a blockchain platform to store real estate data, according to the country’s Communist Party’s official newspaper People’s Daily. The platform is backed by the local departments of land, tax and real estate. Starting from Nov....

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Blockchain’s First Appearance in Alibaba’s ‘Double 11’: Tracing for 150 Million Overseas Commodities

Nov 6, 2018

As the e-commerce giant Alibaba held the first Double 11 Shopping Festival on Taobao.com in 2009, November 11th has become a special shopping day in China. Last year, Alibaba has earned $25 billion in 24 hours. This time, the firm is aiming to create greater glory with the help of block...

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China’s Lufax Eyeing P2P Lending with Blockchain Technology

Nov 5, 2018

Lufax, one of China’s leading online wealth management groups, is transferring its entire “tens of billion US dollars” worth peer-to-peer (P2P) lending portfolio onto a blockchain platform, according to South China Morning Post. Greg Gibb, Chief Executive Officer of Lufax high...

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The Tokenization of a $30 Million Manhattan Real Estate Property

Nov 2, 2018

This Fall marked the first major asset in Manhattan to be tokenized on the Ethereum blockchain. The New York real estate property, appraised at $30+ million, represents one of the most publicly-reported bridges between the analogue and digital financial markets and the potential for ho...

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HKMA Launch a Blockchain Trade Finance Platform, Will HK Be the International Blockchain Hub?

Nov 1, 2018

The Hong Kong Monetary Authority (HKMA), an agency which plays the role of central bank in the region, launched a blockchain-based trade finance platform named eTrade Connect in an effort to boost efficiency in the multi-trillion-dollar funding of international trade. This initiative,...

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Tencent Sues a Decentralized “WeChat”, Demanding Over $1 Million in Compensation

Oct 31, 2018

The internet titan Tencent, which owns the No. 1 messaging app in China, has filed a lawsuit against the developer and operator of the decentralized “WeChat” over “unfair competition dispute”, asking for 10 million yuan($1.43 million) in compensation, Chinese news outlet Beijing Morn...

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Huawei’s Blockchain Strategy: Using BaaS Platform As a Core, Along with Cloud Computing and Chips

Oct 31, 2018

October 28, China’s telecoms giant and smartphone maker Huawei has disclosed its blockchain strategy in the Hyperledger Meetup held in Beijing. Zhang Ziyi, the blockchain architect of Huawei’s cloud unit, disclosed Huawei’s choices, innovations and strategies of their blockchain layo...

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Hong Kong Stock Exchange to Open Up Mainland China Shares with Blockchain

Oct 31, 2018

Hong Kong Exchanges and Clearing (HKEX), the owner of Hong Kong’s stock exchangeis teaming up with blockchain startup Digital Asset Holdings LLC to develop a blockchain-based settlement platform for international investors to trade mainland Chinese stocks through the city's Stock ...