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 ...
Guo Yuhang, director of China Blockchain Application and Research Center, recently delivered a speech themed "The Development Trend and Policy Suggestions on the Blockchain Industry", in which he looked back on the blockchain development in the country, and proposed a pilot of bitcoin ...
China’s central bank-backed digital currency, dubbed Digital Currency/Electronic Payment (DCEP), will be piloted in the country’s tech hub Shenzhen and Shanghai’s neighboring city Suzhou, according to local financial news outlet Caijing. The pilot project is led by China’s cent...
New developments seem to support the view that China’s vision to globalize its currency in a digital form is taking shape while an ecosystem builds around the Chinese agenda to make blockchain its present and its future, the new China Blockchain Report by Forkast has suggested. Blockcha...
Bitcoin mining farms in China have been phasing out their machines with the latest high-powered ones, mostly from Whatsminer instead of Bitmain, according to local miners. As the bitcoin halving draws near which could drive the increase of mining difficulty, fewer mining machines delivering ...
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...
Ebang, or Ebit maker, China’s leading maker of bitcoin mining equipment, is planning an initial public offering (IPO) in the U.S., people familiar with the matter disclosed. The Hangzhou, China-based company, with a 9.2% share of the global mining hardware market, is the world’s thir...
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...
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