Home China

Tag: China

Post
China Sees Surge In Companies With ‘Blockchain’ In Name

China Sees Surge In Companies With ‘Blockchain’ In Name

China sees sixfold surge in new companies with ‘blockchain’ in name. The blockchain name game in China echoes the trend during the internet bubble in the late 1990’s, when many companies around the world added ‘dot-com’ or ‘dot-net’ to their names. The country is now home to more than 4,000 such firms that identify with blockchain,...

Post
China Accounts For Half Global Blockchain Patent Applications

China Accounts For Half Global Blockchain Patent Applications

Since 2009, there have been approximately 3,500 patent families related to blockchains worldwide, and more than 5,000 patent applications. China accounts for half. The patents related to the blockchain field were mainly applied in the past two years. Since 2015, the number of patent applications in the blockchain field has risen sharply. In 2016, the number...

Post
ILP: The Future Of Blockchain Investment

ILP: The Future Of Blockchain Investment

A new ICO-based alternative to debt-based ILP (Initial Loan Procurement) shows its application prospects and hopes to be applied soon. It combines the trading qualities of ICO tokens and the ability to fund blockchain technology without government regulation, but it also adds extra security and interest returns, which may make it the future of blockchain investment. ICO’s have always been a...

Post
China’s Blockchain Investment Facing Explosive Growth

China’s Blockchain Investment Facing Explosive Growth

According to the “2018 Blockchain Investment and Financing Report” released by the China Research Institute, the number of China’s blockchain enterprises has been experiencing growth for six consecutive years, and the investment and financing of the blockchain industry is exploding.   As of the end of 2017, there were more than 320 blockchain companies in the...

Post
$1.5 Million in Crypto Seized During FIFA Crackdown

$1.5 Million in Crypto Seized During FIFA Crackdown

Local police officials in China seized more than $1.5 million worth of cryptocurrencies as part of a crackdown on gambling during the 2018 FIFA World Cup. Chinese state-run media outlet Xinhua reported on July 11 that authorities first noticed the unnamed gambling platform in May following advertisements that claimed it would “accept international recognized cryptocurrencies including bitcoin, ether...

Post
Observers Split Over Floods Impact on Chinese Mining

Observers Split Over Floods Impact on Chinese Mining

Extreme weather conditions have claimed a new victim during floods — cryptocurrency miners. A combination of floods in Sichuan and heatwaves in Europe last week briefly dented the global “hashrate”, which measures crypto mining capacity — and offered a glimpse of what might happen if China succeeds in wiping out its bitcoin mining industry. The storms,...

Post
China’s Hashing Power: A Blessing or a Bomb Waiting to Explode?

China’s Hashing Power: A Blessing or a Bomb Waiting to Explode?

One of the major Bitcoin mining pools currently making waves is Bitmain which is a China-based industry giant that recently accounts for over 40% of the overall Bitcoin hashrate. Why is it making waves? Well, because it has raised some new concerns about the centralization of mining. Ever wondered how Bitcoin is generated? Do they...

Post

Arrest of Secret Crypto Miner in China Following Theft

A man in China has been arrested by the government for the alleged theft of power, in order to fund a secret cryptocurrency mine. Xinhua news company stated that the Anhui Province electricity company reported a spike in the use of electricity and this eventually led to the confiscation of over 200 computers used for...

Post
China and France to Build Eco Blockchain Skyscraper

China and France to Build Eco Blockchain Skyscraper

China And France come together to build eco-friendly, blockchain-monitored skyscraper. The New French Dream Towers, if successful, will bring the best of culture, technology, and nature together under one roof. Last month, French architecture firm XTU Architects partnered with Systematic, a French business consortium, and an undisclosed Chinese developer to construct an eco-friendly, blockchain-monitored skyscraper, according...

Post
Activists in China Use Blockchain to Avoid Censorship

Activists in China Use Blockchain to Avoid Censorship

Sources claim that a student of Peking University, Yue Xin, who made accusations against the university’s authority for trying to silence her, has written an open letter to the university on issues concerning an alleged sexual harassment by one of the university’s professor. To avoid government censorship, activists have proceeded to putting up the #MeToo...