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Why China needs blockchain (but doesn’t need Bitcoin): Five predictions on the future of cryptocurrencies in China

Ever since the news got out that the Chinese government is blocking new ICOs, news sites and fora have been buzzing with speculations about the future of cryptocurrencies in China. Reactions vary from plain denial, clear misreading of the situation and doom-scenario forecasts for the global crypto market. Chinese coins took a strong hit (NEO went down 50% since the...

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ICOs Ban-What We Can Learn from China’s Real Estate Market

ICOs Ban-What We Can Learn from China’s Real Estate Market

Recently the Chinese government announced that it is considering to put all new ICOs on hold until further notice. The statement caused FUD amongst cryptocurrency investors and traders, and many scheduled ICOs, including Red Pulse (RPX), were postponed. One of the cryptocurrencies that suffered most from this was NEO, as the RPX’s initial coin offering...

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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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