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A Central Bank Digital Currency Is Created Primarily for Replacing Existing Stablecoins, Says Expert

Jun 14, 2018

China is so enamored with digital currency now, the one issued by central bank and backed by the central government, although they country shows hostility to ICO and all those cryptocurrencies that are created by private firms. But what will China’s central bank digital currency(CBD...

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Korean Banks to Use ID Verification Platform Built on Samsung SDS Blockchain from July

Jun 14, 2018

South Korea’s banks are preparing to upgrade the way they verify their customers’ identities. The Korea Federation of Banks (KFB) announced that it will release a blockchain based identy verification system in July for usage in retail domenstic banks. Due to the ‘Digital Signatur...

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PBOC’s Di Gang: Blockchain Needs A Central Governor

Jun 13, 2018

Blockchain needs centralization, a view shared by veteran digital currency researchers from China’s central bank. Di Gang, deputy head of the digital currency research institute at the People’s Bank of China, said Wednesday in Shanghai that blockchain’s decentralization is embodi...

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Top 20 Blockchain Companies In China – Hurun Report

Jun 11, 2018

Hurun Report has released its first blockchain list over the past weekend in association with Xiha Finance, a Chinese blockchain media. Top 20 blockchain leaders, top 50 blockchain innovators and top 30 blockchain investors of 2018 in China were revealed and awarded. According to t...

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Ant Financial Intends to Boost Blockchain Development after its $14 Billion Raise

Jun 10, 2018

Ant Financial, the financial affiliate of the e-commerce giant Alibaba, has confirmed that it has completed a Series C funding round that totals $14 billion USD on Friday. The money comes via both RMB from domestic investors and U.S. dollar from international. It was reported ...

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67 Chinese Listed Companies are Getting on Blockchain

Jun 9, 2018

In resent days, blockchain is emerging as one of the cutting-edge technology. Many industry leaders choose to invest in this new tech to drive their business value. On June 4, Keda Group released an announcement on its overseas investment progress. The listed company has set up a blockchai...

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‘China’s Google’ Baidu Unveils a Blockchain Gaming App Based on Its SuperChain

Jun 8, 2018

China’s search giant Baidu unveiled a latest blockchain space game dubbed Du Yuzhou (Travel the Universe in literal translation) whose official website has been launched on June 8. Its app will go live on June 13 when the 2018 FIFA World Cup is opening. Du Yuzhou is another ...

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China’s Huobi Group to Invest Over $160 Million In Creating ‘Huobi Chain’

Jun 7, 2018

China’s Huobi Group, the world’s leading digital asset solutions provider, announced on Wednesday that it plans to launch a public blockchain, called Huobi Chain, at a press conference in Singapore. With the initiative, the company is moving toward establishing a next-generation dec...

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ICO White Paper Ghostwriters Still In High Demand In China Despite The ICO Ban

Jun 6, 2018

Although Chinese authorities have stepped up their efforts in cracking down on ICO activities, many professional copywriters are still offering ICO white paper services on several platforms in China, and many of them are self-media publishers in blockchain space, according to Securities ...

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PBoC Has Filed 81 Blockchain-related Patent Applications

Jun 5, 2018

As of May 30, 2018, PBoC (People’s Bank of China) has filed 81 blockchain-related patent applications, according to data from patent database of State Intellectual Property Office. Cryptocurrency and its underpinning blockchain technology have attracted tremendous attention from ...