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BlockchaINVEST • January 7 - March 11, 2019

At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a…

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Tag: China

Report: UK Great with Blockchain Patents, but China Takes the AI Cake

Category: Adoption, Blockchain, Commentary, News, Regulation

Report: UK Great with Blockchain Patents, but China Takes the AI Cake

It doesn’t take much expertise to know that two of the largest technological trends in modern times are blockchain technology and artificial intelligence (AI). While many countries all over the world are interested in how AI can apply to everything from the financial sector to the military sector; there are also many governments who are unsure about how to regulate…

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China To Start Censoring Blockchain Companies From February 2019

Category: Blockchain, Business, News, Regulation

China To Start Censoring Blockchain Companies From February 2019

The censorship branch of the Chinese government has approved a policy that requires blockchain-based services to censor content and allow the country’s law enforcement to access its data and the identity of their users, Reuters reported on January 10, 2019. China’s Internet Watchdog Removes Anonymity from Blockchain A policy that will require blockchain companies to register the identities of their…

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Ant Financial Seeks to Move into European Market with WorldFirst Take Over

Category: Business, Finance, Investment, News

Ant Financial Seeks to Move into European Market with WorldFirst Take Over

Chinese payments giant Ant Financial, a wholly-owned subsidiary of Alibaba Group, is in advanced discussions with European payments application WorldFirst in a takeover deal worth $700 million, reported Finance Magnates on December 26, 2018. Ant Eyes Europe Founded in 2014, WorldFirst is an international payments specialist and currency exchanger aimed at helping individuals and businesses manage their cross-border transactions and…

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Where Are They Now?: More than a Year Since the ICO Ban, China Is a World Leader in Blockchain Technologies

Category: Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, Development, Regulation

Where Are They Now?: More than a Year Since the ICO Ban, China Is a World Leader in Blockchain Technologies

Ever since the winter boom of 2017, blockchain and cryptocurrencies were catapulted into global discourse like never before; whether it was the sky-high crypto-market capitalizations, or the rush of freshly-funded blockchain startups advancing the frontiers of the bustling sector, it became evident it was no “fad.” Pick and Choose Instead, the technology became a worthy topic of discussion for governments,…

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Blockchain-based Payments and Invoicing System Comes to China’s Shenzhen Port

Category: Adoption, Blockchain, Business, News

Blockchain-based Payments and Invoicing System Comes to China’s Shenzhen Port

The Chinese port of Shenzhen is progressing with blockchain initiatives in a major way. After setting up a virtual blockchain exchange and blockchain-based city and port management systems, the municipality looks towards solving the problem of invoicing and customer claims using the technology, reported local publication Economic Daily on December 13, 2018. WeChat Powers Administrative Move Partnering with Chinese technology…

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Conducting Security Token Offerings (STOs) in China Is Illegal

Category: Altcoins, Blockchain, Business, Finance, News, Regulation

Conducting Security Token Offerings (STOs) in China Is Illegal

At a time when Security Token Offerings (STOs) are gradually gaining grounds in the cryptospace, with some observers  predicting the new type of fundraiser will replace initial coin offerings (ICOs), deputy governor of the People’s Bank of China (PBoC) has made it clear that STOs are illegal in China, reported the South China Morning Post on December 9, 2018. No…

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Chinese Crypto Startup Bottos looks to Break Tech Giants Monopoly

Category: Bitcoin, Blockchain, Finance, News, Platform, Tech

Chinese Crypto Startup Bottos looks to Break Tech Giants Monopoly

Bottos is a company that looks to end the data monopoly that tech conglomerates like Amazon, Google, and Facebook have over consumer data. The Chinese cryptocurrency startup broke the news on November 28th about their intentions about liberating data. Big Data’s Growing Positive Trends With big data or compilation of data larger than ordinary processing systems to handle, netting $166…

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Cryptocurrency Exchange Huobi Creates a Communist Political Commitee

Category: Altcoins, Blockchain, Business, Exchange, Finance, News, Platform, Tech

Cryptocurrency Exchange Huobi Creates a Communist Political Commitee

Huobi, the third largest cryptocurrency exchange platform by trading volume has set up a communist party committee; a moved dubbed as a “milestone” by the company founder, reports South China Morning Post, November 19, 2018. Political Arm Set Up by Huobi Subsidiary Beijing Lianhuo Established in April 2018 with an initial capital of $2.9 million, Beijing Lianhuo Information Service Co….

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China’s Ping An Insurance Firm Partner With Sanya City Authorities to Build DLT-Powered Smart City

Category: Altcoins, Blockchain, Business, Ethereum, News, Platform, Tech

China’s Ping An Insurance Firm Partner With Sanya City Authorities to Build DLT-Powered Smart City

Ping An Insurance Group, a highly reputed China-based insurance corporation has joined forces with the Sanya municipal government to develop a “smart city” that would be powered by blockchain technology, artificial intelligence (AI) and other new technologies,” according to a local news source, People’s Daily on November 14, 2018. Strategic Agreement Per sources close to the matter, in a bid…

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New Report Reveals Worrying Trend of Continued Decline in Internet Freedom

Category: Commentary, News, Regulation, Tech

New Report Reveals Worrying Trend of Continued Decline in Internet Freedom

In a report titled, “Freedom on the Net 2018: The Rise of Digital Authoritarianism,” an independent human rights watchdog, Freedom House, has uncovered alarming levels of declining Internet freedom across the world. The Rise of Digital Authoritarianism Freedom House is a non-governmental organization dedicated to upholding democracy and human rights. The organization has been in existence since 1941 and creates…

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