Blockchain has been nominated on the list of China’s words of the year for 2019, according to the freshly released “Top Ten Popular Words of the Year”. It has been an annual tradition since 2009 that Chinese magazine Yao Wen Jiao Zi (literally meaning “Biting Words”) releases ...
China has filed over 12,900 blockchain-related patent applications as of October 2019, accounting for 53.6% of the world’s total (24,074), according to data from the World Intellectual Property Organization (WIPO). In terms of the blockchain patent number, China is ahead of developed...
On December 4, the first Chinese blockchain pilot in Hainan pilot free trade zone (FTZ) released the "on-chain Hainan" plan and the subsequent measures to speed up blockchain adoption. Meanwhile, the Hainan blockchain pilot area also officially signed a strategic cooperation agreement ...
OK Group, the operator of cryptocurrency exchange OKEx, said it would set up a digital asset trading laboratory in Sanya, the southernmost city on Hainan Island, China, reported Xinhua News. The company announced at the opening ceremony of Hainan International Offshore And Entr...
In this interview with Dr. Hui (Hugo) Gong, the founder of the China-UK Blockchain Association talks about the opportunity presented to China to take the lead in the blockchain field globally and how the Asian giant grabbed it with both hands. His Association was established to s...
The Chinese branch of cryptocurrency exchange Huobi has recently joined the Blockchain Services Network (BSN), an industry alliance initiated by the State Information Center (SIC) – a Chinese government policy-making think tank. In addition to top crypto exchange Huobi, the wor...
Another of the 'Big Four' firms has joined in launching a blockchain-based product to improve transparency in the trade sector and add value to its service offering starting in the Asian axis including China. KPMG in China, Australia and Japan on Nov. 28 announced the launch of KPM...
The recent release of technology bluebooks has thrown a spanner in the works for those mixing Chinese government's interest in blockchain with cryptocurrencies and digital assets. The books' release, as reported by CCTV, points to how technology has brought more convenience to people in Chin...
Chinese regulator State Administration of Foreign Exchange (SAFE) has helped firms borrow over $8.2 billion via its blockchain cross-border financing system. The platform set up by the State Administration of Foreign Exchange has helped corporations, mostly small and medium-sized en...
Led by the China Banking Association, "China interbank transaction blockchain platform" has put the domestic L / C and forfaiting business on blockchain. In addition to China Banking Association, regulators like China’s central bank and Foreign Exchange Administration are also wor...
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