China’s Forex Regulator Pilot Blockchain Powered Cross-Border Trade Finance Platform

Apr 25, 2019

China’s foreign exchange regulator, the State Administration of Foreign Exchange (SAFE), will pilot its cross-border trade finance platform supported by blockchain, according to local financial news media outlet CNStock on April 24. The platform was initiated by the forex bureau an...

Ethereum Can’t be Global Settlement Layer Without Solving Scalability Trilemma

Apr 20, 2019

Ethereum's aim to be the main global settlement layer could only be a reality when the network has addressed its scalability trilemma, the CEO of IOST blockchain has surmised. "Before a public blockchain network can truly cement its future as the global settlement layer, it needs to solv...

China’s Blockchain Agenda Could Happen Sooner Than You Think

Apr 5, 2019

In this concluding report from a recent RMIT Europe workshop on blockchain held in Barcelona, the focus is on China and blockchain. In the first post, the main speaker shares how blockchain stands to capture an estimated 35% of global economy cost - about $27 trillion. China seems ...

Report: China Leads World in Blockchain Projects with 263 in Progress

Apr 2, 2019

China is leading the world in the number of blockchain-related projects, with 263 in progress, according to a report by the state-run media outlet China Daily on April 2. The speed and effort of companies in embracing blockchain technology are startling. Citing data from the Beijing-based ...

Regulation Could be Driving Blockchain Events From Asia to Europe

Mar 30, 2019

From France to The Netherlands, Europe seems to be bracing up to the challenge to outdo Asia in hosting high-quality blockchain events in 2019 owing to regulatory developments, an industry insider said. Karim Sabba, the co-founder of Paris Blockchain Week shares a view in line with...

What if Ethereum Integrates With TRON, Others?

Mar 22, 2019

A platform is seeking to integrate Ethereum with other top public blockchains like TRON but no one knows to what end it would be. Loom Network says it's working to release interoperability for TRON and EOS into a shared Ethereum sidechain that supports top 100 Ethereum-base...

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...

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,...

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...

Alibaba’s Ant Financial Offers 1.8mln Bounty for Blockchain Competition Winners

Feb 28, 2019

Ant Financial, China’s largest online payment platform operated by Alibaba, is launching a blockchain innovation competition as part of its efforts to speed up development and implementation of the edge-cutting blockchain technology. The Ant Blockchain Innovation Competition, with the t...