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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,...

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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...

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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...

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Are Blockchain Projects Destroying ‘Communities’?

Are Blockchain Projects Destroying ‘Communities’?

Since its release, Bitcoin’s market value has grown to more than $100 billion. The Bitcoin community has taken on the responsibility of promoting the rapid development of the industry, and this operation relies entirely on consensus within the group. Under the operation of the community, the market value of Bitcoin has soared. According to Ronnie Moas, founder...

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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,...

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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...

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Dutch Financial Daily’s interview with VeChain CEO Sunny Lu

Dutch Financial Daily’s interview with VeChain CEO Sunny Lu

Sjoerd den Daas, reporter of the Dutch Financial Daily reached out to VeChain’s CEO Sunny Lu to talk about the fast growing project. The article was published in the Dutch newspaper on January 23, 2018. Below a translation. Exchange platforms, issuers of crypto tokens and traders. Nobody seems safe in the hunt that the Chinese...

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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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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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