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filter China

Bitcoin Becomes 13th In Chinese Crypto Rating

Published: 28/02/2019 at 10:57

The Chinese Center for the Development of Information Technology (CCID) under the country’s Ministry of Industry published the crypto rating, tenth in general and second in 2019, in which bitcoin improved its positions, Bitcoin.com reports. BTC has moved up by two lines in the rating and is now 13th. EOS still remains first.…

Blockchain Platform For Real Estate To Be Opened In China

Published: 22/02/2019 at 11:58

The Bank of China may be the first to use a blockchain platform for the sale of residential property, which will be jointly developed by New World Development and the ASTRI from Hong Kong, the Standard news agency reported. The blockchain platform will completely substitute manual documentation, including the signing of initial…

Part Of Chinese Experts Have Doubts About DLT And Cryptocurrencies

Published: 04/02/2019 at 15:41

Chinese economics experts responded ambiguously about the future of blockchain technologies and cryptos in their country, according to a study by a tech company Tencent. The survey involved 100 leading economists — employees of banks and research institutes. The questions concerned the monetary policy of the Chinese authorities…

Blockchain To Help Monitor Quality Of Products In China

Published: 01/02/2019 at 22:57

The Food and Drug Administration of the Yuzhong Municipal District in Chongqing (China) plans to apply blockchain technology in its work, Cointelegraph reports referring to The People's Daily. The officials consider distributed ledger technology as a means that will help monitor the quality of food and medicinal products,…

Sapphire Company Develops GPU For GRIN Token Mining

Published: 23/01/2019 at 21:36

Sapphire, a computer software company from Hong-Kong, announced the release of a new GPU called SAPPHIRE RX 570 16GB HDMI Blockchain Graphics Card, created for mining the GRIN crypto, as follows from a press release. The processor became one of the first in the new line of equipment supporting the GRIN mining, which was launched…

Chinese Authorities Publish Rules For Blockchain Companies In Country

Published: 11/01/2019 at 14:40

The Chinese government agency responsible for censorship on the Internet has established rules for companies that provide services on blockchain, CoinDesk reports, referring to the government website. The Cyberspace Administration of China (CAC) has published a regulation, in which it defined the order of actions of blockchain…

Chinese Company Creates Blockchain-Based Water Treatment System

Published: 08/01/2019 at 20:10

China Mobile, a leading Chinese telecommunications company, has developed a water purification system on blockchain, seeking to make the technology more accessible to ordinary people, CoinDesk reports, referring to local media. China Mobile IoT, the company’s division, created a water purifier having an integrated computing…

About 40% Of Chinese Want To Invest In Cryptocurrencies — Survey

Published: 03/01/2019 at 20:50

According to the PANews study, 40% of Chinese residents intend to become cryptocurrency owners in the near future. At the same time, the industry in the country is at risk of collapse since digital currencies and ICOs are prohibited, and startups and exchanges are forced to relocate to more loyal states. It is noteworthy…

Chinese Threat To Bitcoin: Reality?

Published: 02/01/2019 at 20:00

For the past ten years, Bitcoin has done a lot to influence the world of finances and countless other sectors. It has presented the entire world with the new concept of decentralized money which does not depend on any bank or government. In doing so, it has created its own adversaries, one of which might potentially be the entire…

Newly Invented Artificial Gold Can Support Bitcoin Value

Published: 28/12/2018 at 10:41

Chinese scientists from the Dalian Institute of Chemical Physics at the Chinese Academy of Sciences in Liaoning have invented the way to get a gold-like substance out of ordinary copper. This discovery questions the gold-standard adherence in the global economy and may give green light to alternative financial tools like cryptocurrencies,…

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