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Insurance Company With $126 billion Total Assets Looks Up To Vechain (VEN) On Blockchain Tech
The pronouncement of a partnership between a China based insurer and VeChain (VET) blockchain technology has been heightened to bring innovations into the insurance sector after the collaboration was inscribed into record. дальше »
2018-9-1 19:07 | |
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PwC Global Survey: Corporate Interest in Blockchain on the Rise
Big Four auditing firm PricewaterhouseCoopers (PwC) just released its 2018 Global Blockchain Survey, subtitled “Blockchain is here. What’s your next move?” The sweeping survey pools data from 600 technology executives from 15 territories, with 31 percent of represented companies accruing $1 billion or more in annual revenue. дальше »
2018-8-28 01:51 | |
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Seven Stars Cloud Signs $24 Billion Deal with China’s Biggest Electric Bus Operator
In an August 20 recent press release, Seven Stars Cloud announced a ground-breaking, three-year, $24 billion deal with China’s largest electric buss full-service operator to provide two distinct financing campaigns. дальше »
2018-8-25 22:00 | |
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Blockchain Firm Seven Stars Cloud to Fund $24-Billion Electric Bus Upgrades in China
Blockchain firm Seven Stars Cloud Group Inc. (SSC) has announced a deal worth $24 billion with National Transportation Capacity Ltd. (NTS) to fund large-scale electric bus upgrades in China. The New York-based blockchain organization has signed a three-year contract to provide fixed-income lease financial-based products for the bus upgrades. дальше »
2018-8-25 20:45 | |
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China’s Biggest Payment App AliPay Bans Accounts Trading Bitcoin in OTC
Alipay, the biggest payment application in China valued at $150 billion, officially banned over-the-counter (OTC) Bitcoin trading, prohibiting traders from utilizing Alipay accounts to initiate digital asset trades. дальше »
2018-8-24 13:03 | |
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China Blocks Access to Over 120 Offshore Digital Currency Exchanges
China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers. дальше »
2018-8-24 00:24 | |
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China Bans All Crypto Events After Spending $3 Billion to Fund Blockchain Startups
The Chinese government has banned all commercial crypto and blockchain-related events in the region, after encouraging local financial authorities to speed up the development of blockchain technology. дальше »
2018-8-23 18:50 | |
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SoftBank Denies Reports of Bitmain Deal; Bitmain Still Silent
Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain. Last week, several media outlets had reported that SoftBank and Chinese internet giant Tencent were leading a pre-IPO funding round for Bitmain. дальше »
2018-8-21 18:03 | |
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Blockchain Company Seven Stars Cloud Pours $24B into Electric Bus Upgrades in China
Seven Stars Cloud Group Inc. and the National Transportation Capacity Co Ltd have signed a $24 billion deal in order to fund large-scale electric bus upgrades for China's biggest full-service operator. дальше »
2018-8-21 09:05 | |
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Trans-Fee Mining Model: FCoin, the Chinese Cryptocurrency Exchange, Is Overturning the Industry
FCoin, the cryptocurrency exchange born in China, is changing the whole industry with its groundbreaking model “Trans-Fee Mining” and its revenue distribution. Late this May, FCoin opened its official trading. дальше »
2018-8-21 06:00 | |
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Blockchain Firm Seven Stars Cloud Signs $24 Billion Deal with China’s Largest Electric Bus Service Operator
Blockchain firm Seven Stars Cloud Group Inc. (NASDAQ: SSC) has announced in a press release today that it has formed a ‘ground-breaking’ three-year exclusive $24 billion deal with China’s National Transportation Co to issue fixed income lease financing-based products. дальше »
2018-8-21 01:44 | |
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Seven Stars Cloud Blockchain Firm to Get $24 Billion in Electric Bus Transportation Deal
Crypto-Based Tech Firm Secures $24 Billion Deal to Upgrade Chinese Bus Transportation Systems Artificial intelligence, and blockchain powered firm, Seven Stars Cloud (SSC) has revealed plans of a $24 billion deal with the National Transportation Capacity (NTS) to help initiate electric bus upgrades in China. дальше »
2018-8-20 22:57 | |
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China and South Korea Pledge More Money to Blockchain Research
South Korea will invest heavily in emerging technologies in 2019, one of which is blockchain technology. The move was announced by the country’s Finance Minister, Kim Dong-yeon, during a recent cabinet meeting. дальше »
2018-8-15 17:00 | |
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Chinese Peer-to-Peer Economy to Exceed 20% GDP. Blockchain Community is to Follow
Sharing economy accounts for over 5. 5% of jobs in China. According to Xinhua citing the National Development and Reform Commission of PRC, this segment of economy yielded the country over $333 billion. дальше »
2018-8-4 18:24 | |
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Some Merchants Are Doing $10 Million a Month in Bitcoin Payments Says BitPay’s Sonny Singh
“Bitcoin is actually working,” says Sonny Singh, BitPay’s COO, in an interview with a China based crypto media. He said BitPay processed $1. 2 billion worth of bitcoin payments last year. дальше »
2018-8-3 17:11 | |
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Fintechs Raise a Record $60 Billion in 2018, London Leads, Blockchain Startups Overtake All of 2017
Fintech is booming in America, in Europe, in China and across the world with a record $57.9 billion raised during the first half of 2018 according to KPMG’s Pulse of... The post Fintechs Raise a Record $60 Billion in 2018, London Leads, Blockchain Startups Overtake All of 2017 appeared first on Trustnodes. дальше »
2018-7-31 14:57 | |
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China $1B Funded Blockchain Says Government Didn’t Pullout
A $1 billion Chinese blockchain fund launched in April has denied a report that local government will pull out its originally planned funding support following a recently leaked recording involving a former partner of the fund. дальше »
2018-7-27 11:41 | |
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Nanjing City in China Launches $1.5B Fund to Support Blockchain Projects
After taking a hard stance on cryptocurrencies and ICOs, China is slowly warming up to them and allowing blockchain and crypto innovation to flourish in the country. The latest effort is a $1.5 billion fund launched by the city of Nanjing which will support crypto and blockchain initiatives in the country. The fund is in […] дальше »
2018-7-26 01:00 | |
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China’s Nanjing City Launches $1.5 Billion Blockchain Investment Fund
Despite the nationwide ban on ICOs and offshore crypto exchange trading, China appears to be loosening its grip – at least where blockchain-based technologies are concerned. China represents an interesting dichotomy when it comes to cryptocurrencies and blockchain technology. дальше »
2018-7-25 11:00 | |
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Chinese City of Nanjing Launches $1.5 Billion Government Blockchain Fund
More news of China’s increased interest in blockchain technology comes out of Nanjing today, July 23rd. The capital of China’s Jiangsu province has launched an investment fund totaling $1. 48 billion for tokenized blockchain projects, ZNET reports. дальше »
2018-7-25 08:51 | |
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Nanjing Announces $1.48 Billion Fund for Investment in Blockchain Technology
Nanjing, the capital city of China’s Jiangsu province, has launched a gargantuan $1. 48 billion fund for investment in blockchain technology to propel the existing public blockchain projects in the country. дальше »
2018-7-25 02:00 | |
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Chinese City of Nanjing Launches $1.5 Billion Government Blockchain Fund
More news of China’s increased interest in blockchain technology comes out of Nanjing today, July 23rd. The capital of China’s Jiangsu province has launched an investment fund totaling $1. дальше »
2018-7-24 03:19 | |
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Nanjing China to Launch $1.5 Billion in Local Blockchain Project Funding
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. дальше »
2018-7-24 02:26 | |
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Blockchain Investment Fund Launches in China’s Nanjing to Develop Public Projects
China’s relentless march towards blockchain development is continuing, with reports indicating that a Chinese city will be supplying capital for a $1. 5 billion blockchain fund. China’s Admiration for Blockchain Technologies Continues with the Nanjing Fund Nanjing, the capital of the Jiangsu province in Eastern China, has just launched a blockchain-centric fund with 10 billion Chinese. дальше »
2018-7-24 01:00 | |
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Nanjing Invests $1.5B in Public Blockchain Projects and Token Economy
The capital city of Jiangsu province, Nanjing has launched a $1.5 billion blockchain investment fund to boost the token economy and public blockchain projects in China. Despite its outlawing of many aspects of the cryptocurrency industry, blockchain technology has finally received the support of the government. Consequently, almost 41 percent of all Chinese startups that дальше »
2018-7-24 00:42 | |
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Chinese Nanjing Invests $1.5 Billion into Public Blockchain Projects and Token Economy
The capital city of Jiangsu province, Nanjing has launched a $1. 5 billion blockchain investment fund to boost the token economy and public blockchain projects in China. The post Chinese Nanjing Invests $1. дальше »
2018-7-24 21:28 | |
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Another Chinese City Embraces Blockchain Technology
The city of Nanjing which is the capital of the Jiangsu Province in China, has committed to investing a total of 10 Billion Yuan ($1. 5 Billion) in a blockchain investment fund geared at promoting public blockchain projects and the general token economy. дальше »
2018-7-23 20:42 | |
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ShareBlock: Blockchain For Sharing Economy Applications?
According to a recent report that was released in April by Lloyd’s of London, the economic value of the sharing economy will hit $33 billion by 2025. This is a huge increase from the $15 billion in 2014. дальше »
2018-7-23 16:42 | |
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Does China Have A Secret Weapon In The US-China Trade War?
geralt / Pixabay Friday, US President Donald Trump said he would be willing to impose tariffs on all goods imported from China. Chinese government officials have been insisting US tariffs will have little impact on the Chinese economy, but President Trump’s willingness to impose tariffs on all $505.5 billion worth of goods imported from China […] дальше »
2018-7-21 11:10 | |
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China Round-Up: Bitmain, Canaan and Ebang Receive ‘Unicorn’ Valuations, Number of DLT Companies Explodes
In recent cryptocurrency news from China, three cryptocurrency mining hardware manufacturers have been valued at more than $1 billion USD, Bitmain has supported the launch of a research center for digital financial assets at Tsinghua University, and more than 3,000 companies were found to have registered blockchain-themed business names during the first half of 2018. дальше »
2018-7-19 00:30 | |
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China Round-Up: Bitcoin ‘Unicorn’ Valuations, Number of DLT Companies Explodes
In recent cryptocurrency news from China, three cryptocurrency mining hardware manufacturers have been valued at more than $1 billion USD, Bitmain has supported the launch of a research center for digital financial assets at Tsinghua University, and more than 3,000 companies were found to have registered blockchain-themed business names during the first half of 2018. дальше »
2018-7-19 00:30 | |
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Bitcoin mining companies have joined list of unicorns for the first time
Three bitcoin mining companies have joined a list of “unicorns” – private companies valued at over $1 billion – for the first time. The Shanghai-based Hurun Research Institute published its Q2 Unicorn Index for the Greater China region on Wednesday, which notably included the names of several major bitcoin mining firms: Bitmain, Canaan Creative and Ebang. дальше »
2018-7-18 15:35 | |
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Chinese Authorities Clampdown on Billion Dollar Bitcoin Gambling Ring
On July 11, 2018, the Chinese police apprehended over 540 people for organizing an online soccer gambling game which involved the exchange of bitcoins. The illegal betting places were conducted in south China’s Guangdong Province. дальше »
2018-7-15 14:30 | |
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$1.5 billion Bitcoin [BTC] fraud caught by Chinese police: World Cup 2018
Recently in the Guangdong city of China, a campaign was held by the Guangdong police against the World Bank online gambling crimes. As announced on the Guangdong Provincial Public Security Department website [in Chinese], during the World Cup, an online gambling fraud of $1. дальше »
2018-7-14 13:28 | |
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China Dismantles Network Using Cryptocurrencies to Ilegally Bet on the World Cup Results
The Guangdong Provincial Public Security Bureau dismantled a criminal network this week operating websites dedicated to illegal gambling. According to Xinhua News, the group was active on the Internet, with clients from all over the world generating revenues of over $10 billion. дальше »
2018-7-14 07:38 | |
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World Cup: $1.5 Billion Cryptocurrency Gambling Ring Busted in China
Cryptocurrencies and blockchain have gone mainstream – and are now used for bets in the World Cup. But while some international stars are launching their own virtual currencies, other people are using them for more nefarious purposes. дальше »
2018-7-13 14:00 | |
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China breaks up underground $1.5 billion World Cup crypto-gambling ring
In a first for China, an illegal World Cup gambling ring has been busted holding more than $1. 5 billion in live bets – all in cryptocurrencies. Six major suspects are in custody. Nestled in a southern Guangdong province, the syndicate is reported to have themselves been sitting on $1. дальше »
2018-7-13 11:49 | |
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Chinese Yuan’s Share of Bitcoin Trading Dropped From 90% to 1%
China is one of the more technologically advanced nations in the world, and with its population closing in on 1. 4 billion, it was naturally one of the biggest Bitcoin markets during the cryptocurrency’s early days. дальше »
2018-7-13 05:00 | |
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$1.5 Billion Of BTC, ETH And LTC Has Been Illegally Gambled During The World Cup
Police in Guangdong, a city in China have allegedly arrested hundreds of individuals for their involvement in an illegal gambling ring that has seen the gambling of $1. 5 Billion in cryptocurrencies over the world cup period. дальше »
2018-7-12 15:30 | |
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Bitcoin Mining Giant Bitmain Worth $12 Billion After Latest Funding Round
Bitmain, the Bitcoin mining behemoth, is now reportedly valued at $12 billion. This new valuation comes after the company closed a $400 million Series B funding round. Bitmain, which controls a major chunk of the Bitcoin mining hashrate, is also set to invest in the upcoming Opera browser IPO. дальше »
2018-7-7 15:00 | |
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IONChain: Ushering in the Future of CIoT with Edge Computing
According to Forecast and Analysis of Expenditure on Chinese IOT Platforms released by IDC, a well-known US market research institute, China’s IoT market will rank the first in the word with 6. 22 billion US dollars (41. дальше »
2018-7-3 23:27 | |
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Russian company offers smartphone producer Xiaomi to tokenize its fourth coming IPO
Blackmoon, a company based in Moscow, Russia, has offered the world’s fourth-largest smartphone producer Xiaomi to tokenize its initial public offering (IPO), news outlet South China Morning Post reported July 2. дальше »
2018-7-3 07:15 | |
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Visit VeChain: About $ 1.5 billion Blackhawk for business
In short, founded by former CIO of Louis Vuitton China, Sunny Lu, VeChain hopes to be the first to put “real business” applications on a public blockchain. For the execution of more exotic blockchain features like smart contracts and decentralized applications, Lu argues this is a problem. It also means a higher cost to use дальше »
2018-6-30 17:46 | |
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Updated Edition of Blockchain Revolution Fills In Some Big Gaps
“When Blockchain Revolution came out, bitcoin was worth around $7 billion. Today, it’s more than twenty-two times that. Bitcoin is the workhorse of the cryptocurrency world and the cryptocurrency that launched a thousand ships. дальше »
2018-6-19 22:15 | |
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RippleNet Strengthens Emerging Markets Access into India, Brazil and China
According to the World Bank, global remittance payments are on track to grow by 3.4 percent or roughly $466 billion in 2018, with India and China having the highest incoming flows in 2017. Together with this massive flow of capital, emerging markets are home to 85 percent of the global population and account for almost … Continued The post RippleNet Strengthens Emerging Markets Access into India, Brazil and China appeared first on Ripple. дальше »
2018-6-17 12:50 | |
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