Chinese Telecom Giants Launch Blockchain Research Group

2018-7-24 00:54

China Mobile, China Unicom and China Telecom, three of the largest telecom operators in China, have announced the launch of joint research group aimed at finding new use-cases for blockchain technology. Reports published today, July 23rd, from local Chinese media outlet, Fintech News, state that the new research group is made up of 20 tech experts from across the region.

The new research group marks the first time China’s three major telecom companies have ever worked together. The research will primarily be focused around logistics traceability, inter-operator clearing and business operations support.

“[We aim to] build a trustworthy blockchain application team to explore the blockchain area,” states one China Mobile official. “It’s a solution in terms of order management, contract management and creation of use cases.”

China Telecom, China Unicom and China Mobile have been involved in numerous independent blockchain projects since 2017. Meanwhile, China as a whole continues to be one of the global leaders in researching new use-cases for blockchain technology. Reports from the region estimate that blockchain technology will become a 1-billion yuan industry within the next 5 years. A report published earlier this month in MarketWatch estimated that blockchain in telecom, currently a $46 million enterprise, could grow to be a $993 million industry by 2023.

The post Chinese Telecom Giants Launch Blockchain Research Group appeared first on UNHASHED.

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china research group telecom blockchain chinese launch

Источник: unhashed.com

china research → Результатов: 41


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Nanjing, the capital of China’s Jiangsu province, has launched a 10 billion yuan ($1.48 billion) investment fund for blockchain development, ZDNet reports July 23. Nanjing unveiled the major new fund at the inaugural Industrial Public Chain Summit (IPCS), together with the Zhongguancun Blockchain Industry Alliance –– a Beijing-based alliance of enterprises and government research institutes.

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China Round-Up: Bitcoin ‘Unicorn’ Valuations, Number of DLT Companies Explodes

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2018-7-18 21:29


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2018-7-18 15:35


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Economics In recent Chinese cryptocurrency news: a prominent scholar has advocated that China adopt a permissive regulatory apparatus, drawing influence from Japanese and U.S. legislation. Research conducted by the International Monetary Institute at Renmin University of China has estimated that the number of Chinese bitcoin investors exceeds 3 million, and an audio recording of famed

2018-7-7 05:53


Фото:

China Round-Up: Permissive Regulations Advocated, 3 Million Chinese HODLers, Xiaolai Recording Leaks

In recent Chinese cryptocurrency news: a prominent scholar has advocated that China adopt a permissive regulatory apparatus, drawing influence from Japanese and U.S. legislation. Research conducted by the International Monetary Institute at Renmin University of China has estimated that the number of Chinese bitcoin investors exceeds 3 million, and an audio recording of famed bitcoin […] The post China Round-Up: Permissive Regulations Advocated, 3 Million Chinese HODLers, Xiaolai Recording Leaks appeared first on Bitcoin News.

2018-7-7 03:25


Фото:

China Round-Up: Scholar Advocates Permissive Regulations, 3 Million Estimated Chinese HODLers, Xiaolai Recording Leaks

In recent Chinese cryptocurrency news: a prominent scholar has advocated that China adopt a permissive regulatory apparatus, drawing influence from Japanese and U.S. legislation. Research conducted by the International Monetary Institute at Renmin University of China has estimated that the number of Chinese bitcoin investors exceeds 3 million, and an audio recording of famed bitcoin […] The post China Round-Up: Scholar Advocates Permissive Regulations, 3 Million Estimated Chinese HODLers, Xiaolai Recording Leaks appeared first on Bitcoin News.

2018-7-7 03:25


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