Findings in a three-part report by top global financial institution, Deutsche Bank, suggest there could exist up to two hundred billion blockchain wallet users by 2030 if current trends continue, meaning more projects and users along the line. The estimate is based on a comparison between the ad...
By August 2019, there are 2450 blockchain enterprises all over the world, 23% of which focus on technology research and development. Among them, enterprises in China and the U.S. account for more than half of the total number of global blockchain field. In the end of 2019, China has adopt...
In China, because cryptocurrency has not been recognized by the mainstream society for a long time, the cryptocurrency projects established by Chinese people lag behind Europe and the US in terms of talent reserve, technical quality, marketing and publicity, and even a large number of altcoins...
There were 245 blockchain-related investment and financing events happening in China over the course of 2019, with a total of 24.4 billion yuan ($3.5 billion) invested, according to a recent report by Rhino Data, a local data-driven investment platform. Both the investment and financing deal...
The Blockchain Trade Finance Platform, spearheaded by the Digital Currency Research Lab of the People’s Bank of China (PBoC), has recently been approved as a key special project of the National Key Research And Development Program with grants of 32.35 million yuan. Accordin...
People's Bank of China (China’s central bank) supported Beijing to take the lead in launching the fintech innovation supervision pilot nationwide, exploring the construction of the Chinese version of the "regulatory sandbox" last December. As one of the most challenging innovations in the f...
A leading Chinese charity has run into a storm of criticism after it said it raised 1 million yuan for a young woman hospitalized due to severe malnutrition, but only transferred 20,000 yuan to the hospital before she died several days ago. The case has incited widespread fury both domesticall...
Interest in stablecoins started to gain momentum in 2019. Market insiders have now been overly convinced that the growth of this form of digital currency, which seems to have been shot to limelight by Facebook's proposal of its Libra project, will be bigger in 2020 going by developing trends. ...
Amidst reports that the world's total debt load has risen to $253 trillion, or 322% of its GDP, and that the price of Bitcoin surged to a two-month high, Asia's top crypto data aggregator, CoinGecko, has released its year-end report which shows 2019 was not at all bad for the top cryptocurre...
Issues surrounding where the line is drawn for service providers when it comes to data privacy has been topical of late across several sectors and regions of the world including China. Globally, the call to respect the human right to privacy has been consistently loud with measures such as new...
English
Chinese
