fbpx
Monday, December 9, 2019

Alipay Blockchain Application Covers 11 Cities for Chinese Subway

Alipay, China's large-scale electronic payment platform, which had applied its blockchain technology to the "Singles' Day" shopping festival has recently expanded its application scenarios...

HSBC will Track $20 Billion in Assets with Blockchain in 2020

According to a recently published Reuters report, HSBC bank is planning to track nearly $20 billion in assets on a blockchain-based custody platform starting...

Chinese Regulators Crack Down on Cryptocurrency Fundraising Activities

When blockchain became China's national policy, it once stimulated cryptocurrencies and related listed companies. However, the regulatory authorities also severely cracked down on fund-raising...

China’s SAFE Cross-Border Blockchain Platform Handled More Than $8 Billion in Transactions in Eight...

Back on March 22, 2019 the China Foreign Exchange Administration (SAFE) launched a cross-border financial blockchain platform specializing in blockchain technology to deal with...

Shenzhen Government Uses Blockchain to Build Intelligence Platform to Improve Crime Prevention Efficiency

The four government departments in Shenzhen, including the Taxation Bureau, Public Security Bureau, Customs, and People's Bank of China Shenzhen City Center, jointly established...

Chinese Companies Have Filed 63 Percent of Blockchain Technology Patents

When it comes to patents related to blockchain technology, China is far surpassing other countries. According to Tokyo-based research firm, Astamuse, companies in the country...

Federal Reserve Chairman Powell Says Currently No Plan to Issue Central Bank Digital Currency

Central banks in many countries around the world have begun to study the virtual currency field and to digitize their legal currency. However, the United...

Standardization Administration of China Forms Committee to Drive ‘High-Tech Innovation’

China state council authorized Standardization Administration of China (SAC) has announced that they have set up a national standards committee for blockchain technology to...

Less Than 10% of Chinese Blockchain Companies Have Actual Blockchain Technology Says Chinese State...

For the past two weeks, much of the news out of China has how the Chinese government focused blockchain development on the national level...

Alibaba Group Denies Partnership With Bitcoin Rewards Platform Lolli

Following reports from last Monday in which it was stated that the Lolli shopping app was offering Bitcoin rewards to U.S.-based Alibaba shoppers for...