ONO founder: “Don’t want to create centralized apps and pretend it’s a blockhain project”

ONO founder: “Don’t want to create centralized apps and pretend it’s a blockhain project”

Chinese media platform Caijing recently interviewed Chinese blockchain entrepreneur and founder of social media platform ONO Xu Ke (徐可). Within China, ONO is considered a high potential blockchain project and it received a lot of attention during 2018. The post-95 business lady developed and operated the social networking app ERA in 2015, which ranked 6th in the Apple Store for social media, has more than 8 million monthly active users and was valued at more than 20 million dollars. Two years later her team developed the blockchain game Cryptodogs, the Chinese equivalent of Cryptokitties, which generated over RMB300,000 ($45,000) on...

How China’s Major Banks Aim to Apply Blockchain

How China’s Major Banks Aim to Apply Blockchain

The “intelligent transformation” of commercial banks in China is accelerating. Smaller and less efficient branches are being abolished and being consolidated into large and complete outlets focusing on lighter and smarter services. To further improve their competitive advantage, many banks made it clear that they would invest heavily in financial technology, where blockchain technology is gradually being applied. According the Securities Daily, the five major banks (ICBC, Agricultural Bank of China, Bank of China, China Construction Bank and Bank of Communications) have started the research and development of blockchain projects. Individual projects have been put into operation and mainly applied...

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