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New Chinese Blockchain Alliance Plans Development of Four Finance-Oriented Platforms

New Chinese Blockchain Alliance Plans Development of Four Finance-Oriented Platforms

The “Guangdong, Hong Kong and Macao Dawan District Blockchain Alliance” has been established to promote synergy and innovation and jointly promote the development of the blockchain technology, China News, the official state-run press agency, reported Nov. 9. The newly established alliance — initiated by the Guangzhou City Blockchain Industry Association, the Hong Kong Blockchain Industry Association, and the...

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CPChain Insights With Founder Dr. Long: IoT + Blockchain

CPChain Insights With Founder Dr. Long: IoT + Blockchain

At the Hannover Messe 2013, the German government proposed the concept of “Industry 4.0”, marking the full use of the fourth global industrial revolution of the Cyber-Physical System. Big data, artificial intelligence, the Internet of Things, quantum computing, and blockchain have become the core technologies in the new stage of Internet development. In this international...

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Blockchain’s First Appearance in Alibaba’s ‘Double 11’: Tracing for 150 Million Overseas Commodities

Blockchain’s First Appearance in Alibaba’s ‘Double 11’: Tracing for 150 Million Overseas Commodities

As the e-commerce giant Alibaba held the first Double 11 Shopping Festival on Taobao.com in 2009, November 11th has become a special shopping day in China. Last year, Alibaba has earned $25 billion in 24 hours. This time, the firm is aiming to create greater glory with the help of blockchain technology. November 5, Ant Financial, the...

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Mining Pool of China’s Oldest Bitcoin Exchange BTCC Faces ‘Indefinite’ Closure

Mining Pool of China’s Oldest Bitcoin Exchange BTCC Faces ‘Indefinite’ Closure

BTCC Pool, the mining operation of Hong Kong-based cryptocurrency exchange BTCC, will close “indefinitely” at the end of this month, a statement from the firm confirmed Nov. 6. BTCC Pool, which began mining activities in 2014, is shutting down due to unknown “business adjustments,” the company wrote, without giving details about the circumstances that led to the decision. Today’s statement reads:...

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China Updates Crypto Ranking, Downgrades BTC Further, EOS on Top

China Updates Crypto Ranking, Downgrades BTC Further, EOS on Top

China’s Center for Information and Industry Development has updated its ranking of 33 crypto projects, evaluated in three separate categories as well as overall. BTC has been downgraded further since the center’s previous update while EOS and Ethereum still top the overall ranking. New Ranking China’s Center for Information and Industry Development (CCID), under the country’s...

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Waltonchain COO Monitor Chan: What Do We Conquer Next?

Waltonchain COO Monitor Chan: What Do We Conquer Next?

Following up the first interview with Waltonchain COO Monitor Chan one year ago, ChinaCryptoNews reached out again to have an in-depth conversation about the latest developments and future plans. Due to this years market situation and the difficulties a lot of projects have been facing regarding financing, we were really looking forward to catching up...

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Chinese Retail Giant JD.com Launches Blockchain Research Lab

Chinese Retail Giant JD.com Launches Blockchain Research Lab

Chinese retail giant JD.com is further gaining a foothold in blockchain technology by launching a research lab for blockchain in partnership with two technical institutes, according to an announcement published Oct. 30.   Jingdong Group (JD.com) is a leading Chinese e-commerce company, controlling roughly 30 percent of the business-to-consumer online market in China with 314 million active users, according to Financial Times. The...

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Individuals and Businesses in China Can Now Own and Transfer Bitcoin Legally

Individuals and Businesses in China Can Now Own and Transfer Bitcoin Legally

Chinese ban is not a problem anymore, as the Shenzhen Court of International Arbitration has recently recognized Bitcoin as a legal property. Chinese crypto ban is already in the past, with the recent news reported by CnLedger, a trusted cryptocurrency news source in China, according to which cryptocurrencies have been legally accepted as a payment method...

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Responsible Blockchain World Championship announced in October

Responsible Blockchain World Championship announced in October

Joined by leaders from all over the world, the Responsible Blockchain Dialogue (RBD) was held by FinTech4Good in BNY Mellon New York office on October 4th and in Washington DC on October 10th featuring the launch of the Responsible Blockchain World Championship. Leaders from Draper Dragon Innovation Fund, SOSV, GOBI VC, Blockchain Frontier Venture Fund,...

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