Jun 06, 2019 at 11:14
ZB Group’s Vice President’s Take on the Blockchain as an Indispensable Key Technology
On June 6th, 2019, the Vice President of ZB Group, Ms. Aurora Wong, was invited to speak at the Eagle Chain Digital Economy and Culture Festival’s forum, which took place at Ramada Optics Valley in Wuhan, China, during the prestigious Digital Economy Industrial Application Summit. The summit was jointly sponsored by Eagle Chain Fund, Anypay, Jinse, Brlock360, AO Union among other top organizations.
Jun 05, 2019 at 12:10
Bitcoin Market Could be Affected by Trade War Caused Downfall
Based on the current quagmire of geopolitical conditions, the entire globe could see another big recession within the next nine months, especially if the trade war is prolonged, expert economists reveal. Both the Bitcoin, cryptocurrency and traditional markets could be affected.
Jun 03, 2019 at 12:33
USA-China Trade War Could Cause Bitcoin to Rally Again
The Trade War between the United States of America (USA) and China could cause another rally for Bitcoin, Ether, Ripple and other popular cryptocurrencies. The economic war could ultimately spread into the USA bond market, with China liquidating US Treasuries. Gold seem to be flat compared to Bitcoin. Investors affected by the trade war have decided to seek refuge in blockchain and digital currencies.
Blockchain is Used to Track the Origin of Products in Italy
As the use of cryptocurrencies and blockchain technology continues to gain traction in Italy, Carrefour – a French supermarket group – is strongly committed to technological innovation in tracking over 20 of its 300 branded products in its supply chain, and plans to achieve tracking of origin (place of source) of more than 20% of its products being offered by the end of 2019.
Potential Scenarios in China’s Bitcoin Mining Ban
China, the world’s biggest market for computer hardware produced to mine Bitcoin and other major cryptocurrencies, recently banned crypto mining activities, with the aim of combating the increasing pressure on the government from the crypto sector. The move - China’s Bitcoin (BTC) and cryptocurrency mining ban – poses some potential scenarios.
China Bans Bitcoin & Cryptocurrency Mining
The People’s Republic of China, the world’s largest market for computer hardware created to mine Bitcoin (BTC), has totally banned crypto mining in the country in order to stop the growing pressure on government from the cryptocurrency industry. No time limit for the ban has been set.
China Supports Blockchain Tech but not Cryptocurrency
China’s attitude on distributed ledger technology (DLT) is in agreement with global policy trends. The country embraces blockchain technology but not cryptocurrency, according to the BITBLOCK monthly research report on “Chinese Blockchain Policy.”
10% p.a. in Savings Accounts in Offshore Banks Aidos Kuneen
A few days ago, the media reported a thousand frozen accounts of Chinese citizens by the Spanish BBVA bank. In today's world, offshore banking is widely used by people around the world and is a good alternative if a man does not want to rely only on the situation in the resident country. Many people use offshore accounts to reduce political risk in their own country. The size of the offshore market is around 32 trillion dollars.