Tag: china

Chinese Retail Giant JD.com Launches Blockchain Research Lab

Chinese retail giant JD.com is further gaining a foothold in blockchain technology by launching a research lab for blockchain in partnership with two technology institutes, according to an announcement published Oct. 30.

Chinese Banks Jointly Launch Blockchain-Based Forfaiting Trading Platform

Three Chinese banks have jointly launched a forfaiting trading platform based on a consortium blockchain, with transaction volume reaching 30 million yuan (US$4.3 million) on the first day it went online. Bank of China teamed up with China CITIC Bank and China Minsheng Bank in developing the forfaiting trade finance platform, according to a local ...

China’s Alibaba Cloud Takes Its BaaS to Global Markets

October 24, China’s e-commerce giant Alibaba has extended its cloud BaaS (blockchain-as-a-service) product to broader international markets. The BaaS service was initially launched in China by Alibaba’s computing arm - Alibaba Cloud, in August 2018. This time, the firm is offering their service to major global markets including South Asia, the US and Europe. According to the official website, Alibaba ...

China’s First Blockchain Security Testing Center Is Established in Changsha

As blockchain is gaining popularity in China, security considerations override all other considerations in the space. Chinese authorities have decided to establish the first-ever blockchain security testing center in Changsha, the capital city of Hunan Province, to monitor blockchain vulnerabilities, local news portal reported on Wednesday. The National Computer Network Emergency Response Technical Team Coordination Center (CNCERT) has signed ...

China’s Alibaba Cloud Expands Enterprise Blockchain Offering to Global Markets

Alibaba Cloud, the cloud computing arm of China’s e-commerce giant Alibaba Group, is enhancing its Blockchain-as-a-Service (BaaS) offering outside China.

China Hasn’t Banned Bitcoin: Shenzhen Court Permits Crypto Transactions

CnLedger, a prominent crypto and blockchain source within China, recently claimed that members of the Shenzhen Court of International Arbitration moderated a case pertaining to this new technology.

China ‘Sanitizes’ Andreas Antonopoulos’ Book Mastering B*tcoin

Andreas Antonopoulos, author of the ‘Mastering Bitcoin’ cryptocurrency guides, has reacted positively after Chinese state television showcased his book – albeit with a completely different title.

Central Bank-Issued Digital Currencies: Why Governments May (or May Not) Need Them

The concept of CBDC, or national cryptocurrencies, has attracted many governments across the world.

Largest Chinese Newspaper to Launch Blockchain Lab After New Deal With Tech Company

The venture capital wing of the official newspaper of the Communist Party of China (CCP) — People’s Daily Online — has signed a deal for a strategic partnership on a blockchain laboratory Oct. 23, according to a press release.

OKCoin Office In Beijing Vandalized Amid Accusations Of Fraud

A group of unidentified people broke into cryptocurrency exchange OKCoin’s Beijing office yesterday (October 23) by breaking elevators and smashing doors, according to a post by the company on Chinese microblogging platform Weibo.

China’s Internet Censor Requires Blockchain Service Providers to Register Users’ Real Names

China’s internet watchdog has released a new set of rules to require Chinese users to register their real names before using blockchain-based information services as part of an effort to massively ramp up internet censorship. The Cyberspace Administration of China (CAC), the country’s top internet censor, published a draft version of rules on Friday called “The Regulation ...

China Wants To Stop Anonymous Blockchain Use: Reports

New cybersecurity rules currently out for public consultation in China would notionally force users to provide their real identity to use any kind of Blockchain-based service.