Strategic Alliance Formed to Speed Up Adoption of Blockchain Technology in China
The Chinese government has created a blockchain working group of government and blockchain industries to fast-forward the development and adoption of blockchain technology and prepare for the upcoming Global Blockchain Summit in Shanghai this September. The three-way strategic alliance among the Chinese government, ChinaLedger and the Shenzhen Consortium....
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China has decided to start its own distributed ledger alliance, calling it ChinaLedger, the resulting blockchain platform will be used by the Chinese fintech sector. The giant has finally woken up; China has entered the blockchain race. Apart from the banking consortium and the Hyperledger project that have respectively brought the banking sector and tech companies together, we now have one more blockchain alliance, originating from China. China is already playing an important role in the global economy, bitcoin mining, and even the global power balance. Now, with the blockchain alliance,....
The Wall Street Bitcoin Alliance (WSBA) is a new organization formed by business and technology executives and leaders within the financial industry, including banks, broker-dealers, institutional investors and hedge funds. The announcement states that the mission of the WSBA is to guide and promote comprehensive adoption of digital currency and blockchain technology across financial markets. The member-driven WSBA will interface with national and international government agencies and regulators, as well as technology innovators."Bitcoin and blockchain technology and protocols represent a....
China’s Securities Regulatory Commission (CSRC) will promote a national alliance chain to introduce smart contracts and blockchain-based services to digitize the securities and futures market. The announcement was made at the China Securities Industry Alliance Chain and OTC Alliance Chain Special Work Symposium in Beijing. Jiang Dongxing, deputy director of the Science and Technology Regulatory Bureau of the CSRC, stated this digitization is key for the future of the industry.
China Aims to Digitize Financial Markets Using Blockchain
The China Securities Regulatory....
The chairman of China’s Blockchain Service Network (BSN) Development Alliance Shan Zhiguang, and his colleague, insisted in a recently published op-ed that virtual currency is “undoubtedly the largest Ponzi scheme in human history.” However, they have said the “value of blockchain technology should not be ignored because of virtual currency.”
Opinion Piece Claims 90% of 100 Richest People Have Bad-Mouthed Virtual Currency
The chairman of the Chinese Blockchain Service Network (BSN) Development Alliance, Shan Zhiguang, and executive director He....
Wall Street has been keeping a close eye on the evolution of distributed ledger technology in recent years. The Wall Street Blockchain Alliance, launched in 2015, announced a certification program. The primary goal is attracting Distributed Ledger Technology developers. Education is an important aspect of blockchain technology. While the possibilities of....