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filter China

Canaan And Bitmain To Not Suffer From Mining Ban In China

Published: 11/04/2019 at 12:37

The ban on mining in China will not affect the business of Bitmain and Canaan in the near future, according to the press service of the two leading manufacturers of mining devices. In April, the National Development and Reform Commission in China (NDRC) presented a new draft law, where mining appears as an “undesirable industry”.…

Traders In China Buy Hundreds Of Thousands Of USDT Above Market Price

Published: 08/04/2019 at 18:51

Recently, the investors from China have been actively buying the Tether (USDT) stablecoins at a price that is almost 5% higher than the nominal value. Such a trend was reported by a Twitter user under the nickname cnLedger, who reviews blockchain and crypto industry in China. The source found a surge in activity on over-the-counter…

Quarter Of All Blockchain Projects Are From China — Report

Published: 02/04/2019 at 13:22

China has become the global leader in the number of launched blockchain projects, China.org.cn reports. 263 projects are at the implementation stage in the country, which is a quarter of all blockchain initiatives around the world to date. This technology is used most often in the financial sector, namely for the tokenization…

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…

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