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Local Government in China Trials Blockchain for Public Services

Local Government in China Trials Blockchain for Public Services

A city district in southern China is using blockchain to streamline government services for its one million residents. Chan Cheng District, within Foshan City in Canton province, announced during an event on 23rd June the launch of a platform called Intelligent Multifunctional Identity (IMI) that lets registered local residents avoid filling repetitive personal information for different public services, presumably...

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Walmart to Work with Blockchain Tech

Walmart to Work with Blockchain Tech

Walmart began working with IBM and Tsinghua University of Beijing last year to test blockchain-based supply chain applications, with a particular focus on China’s massive pork market. In follow-up statements, Walmart indicated it wanted to apply the tech to various areas – and more recently, CoinDesk reported the company is looking at blockchain as a tracking solution for unmanned...

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Antshares Rebrands and Introduces NEO and the New Smart Economy

Antshares Rebrands and Introduces NEO and the New Smart Economy

Sometimes called “China’s Ethereum,” Antshares rebrands as Neo and lays out its roadmap for the future of blockchain tech in China. At a gathering at the Microsoft headquarters in Beijing on Thursday, with about 200 people in attendance, Antshares, the first open-source blockchain platform developed in China, announced a complete rebranding of its blockchain solution, as...

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OKCoin and Huobi Move to End China’s Bitcoin Withdrawal Freeze

OKCoin and Huobi Move to End China’s Bitcoin Withdrawal Freeze

Signs are emerging that a long-lasting withdrawal freeze in China’s bitcoin exchange ecosystem is finally thawing. A representative for has OKCoin confirmed a report today that withdrawals had resumed at the exchange, one of the largest in the world by volume. The spokesperson added, however, that withdrawals would be contingent on passing a verification requirement...

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Chinese Blockchain Company ViewFin Inks Deal with Denmark’s OpenLedger

Chinese Blockchain Company ViewFin Inks Deal with Denmark’s OpenLedger

Danish Blockchain Company, OpenLedger ApS, has signed a Strategic Cooperation Framework Agreement with ViewFin, the market leader in Blockchain technology and the developer of Metaverse™, the first public Blockchain in China. According to the partnership agreement, ViewFin will provide a full range of support to help OpenLedger with their business development in China, including cooperation...

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China’s Best-Funded Blockchain Startup is Rebranding for Expansion

China’s Best-Funded Blockchain Startup is Rebranding for Expansion

One of China’s top-funded blockchain startups is rebranding as it eyes expansion into new industries. The startup, Juzhen Financials, which develops post-trade clearing and settlement solutions using blockchain tech, is now changing its name to Juzix. The news was announced during CoinDesk’s Consensus 2017 blockchain conference, held this week in New York. In statements, the startup indicated that the new name reflects...

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Bitcoin’s Scaling Debate: The View From China’s Miners

Bitcoin’s Scaling Debate: The View From China’s Miners

Paul Elliot-Ennis is a lecturer and assistant professor in management information systems in the College of Business, University College Dublin, while Rachel-Rose O’Leary is an artist and writer researching cryptographic systems. In this guest feature, Elliot-Ennis and O’Leary investigate the daily activities and political attitudes of China’s well-established bitcoin miners, positioning their findings within the...

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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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