Materials by tag China

Nov 30, 2019 at 12:30
Chinese Internet Author Uses Blockchain for IP Rights Protection
One superb Chinese online author identified as Chen Hongyan aka Lingchen has developed a practice in her innovative method of frequently uploading and storing her literary works onto a tamper-proof blockchain-powered store. When she uploads a piece of work, she by design gets a series of data as the digital ID for the work.
Aug 30, 2019 at 12:52
Forbes Faces It Hot as Chinese Media Rubbishes its Cryptocurrency Report
It is indeed an obstinate time for Forbes as news media in China calls its recently issued report on the Chinese government digital currency “baseless guesses.” A report that was published by Forbes’ cryptocurrency editor known as Michael del Castillo on Tue Aug 27, 05:13pm showing that Paul Schulte, ex global head of financial strategy at China Construction Bank, has identified 7 giant companies to have access to the Chinese state-owned virtual asset called Digital Currency/Electronic Payments (DC/EP).
Aug 13, 2019 at 10:38
China is Ready to Launch a Central Bank Cryptocurrency
The world’s most populous country, China, is now more than willing to launch its new state-backed cryptocurrency, according to an official statement from the People’s Bank of China (PBOC). With its population of over 1.4 billion people, if every Chinese decides to use this new stablecoin and may be one more token, the market for cryptocurrencies will see a major boost.
Aug 06, 2019 at 13:28
US-China Trade War Leads Bitcoin Price to Trade Over $12,000
The world’s top cryptocurrency by market capitalization, Bitcoin (BTC), has once more managed to hit and exceed the $12,000 price level after around 3 to 4 weeks trading below that mark. The surge comes after a huge devaluation of China’s fiat currency yuan which touched the bottom level against the United States dollar (USD) since exactly nine years ago. The event is one part of the US-China trade war.
Jul 23, 2019 at 12:08
Libra is Getting Popular in China Despite Criticism in USA
The latest research shows that Libra, the cryptocurrency owned by Facebook, is now ranked the third most searched keyword on Weibo, a Chinese search engine. Libra follows words like “Chinese Movie Star” and Mona Lisa correspondingly. This is an indicator that people living in the country have started to gain appetite for digital currency including Libra, Bitcoin and others.
Jul 14, 2019 at 14:48
Chinese Police Have Confiscated Illegal Mining Devices
Police detectives in the Chinese City of Zhenjiang recently confiscated about 4,000 bitcoin mining computers. According to the police, the miners illegally connected their mining machine to the Electricity grid. Further report indicates that electricity worth more than $3m was illegally used for mining.
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.
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