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China Warms Up To Blockchain Currency, May Ditch Paper Money Altogether

China Warms Up To Blockchain Currency, May Ditch Paper Money Altogether

Bitcoin is booming in Asian markets and mobile transactions are increasingly popular in industries where cash used to be king, like shopping abroad. The Chinese mobile payment platform Alipay announced this week its tap-and-go system soon will be compatible for shopping at more than 4 million American stores, strategically marketing to Chinese students and tourists in the U.S. Mobile payment...

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‘Blockchain Can Be China’s Global Tech Breakthrough’ Says Lizardo

‘Blockchain Can Be China’s Global Tech Breakthrough’ Says Lizardo

China’s appetite for Blockchain technology is getting bigger and the world needs to be ready for the breakthrough that the country may come up with, says Virgilio Lizardo Jr., vice president at Bitbank Group. Lizardo Jr has been in China for nine years and currently lives in Shenzhen where he handles international business development and other services for...

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Inside the JBI: China’s New Blockchain Research Effort

Inside the JBI: China’s New Blockchain Research Effort

The government of the Chinese province of Jiangsu is backing a new research effort, JBI,  aimed at offering unbiased information to businesses coming up to speed on blockchain. Launched in September 2016, the Jiangsu Huaxin Blockchain Research Institute (JBI) is now going public via CoinDesk as the first state-owned enterprise to focus solely on blockchain tech....

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Alibaba to Tackle Counterfeit Food in China With Blockchain

Alibaba to Tackle Counterfeit Food in China With Blockchain

PricewaterhouseCoopers, Blackmores, and Australia Post have joined up with e-commerce giant Alibaba to fight counterfeit food products being sold across China by using Blockchain technology. The initiative will increase the traceability of food products, reducing the risk of fraud and ensuring Australia remains a trusted exporter of high quality food. Australia Post Executive General Manager Parcels...

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