Tag: china

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Baidu & Xiaomi Are Working Together On IOT & Artificial Intelligence

Baidu & Xiaomi Are Working Together On IOT & Artificial Intelligence

Two of China's greatest tech organizations, web look goliath Baidu and cell phone creator Xiaomi, have gone into a collaborative project focused on AI and IoT. ...
New Blockchain Platform To Be Released By Chinese Internet Giant

New Blockchain Platform To Be Released By Chinese Internet Giant

Tencent Holdings Limited, a Chinese investment holding company, is developing its own blockchain platform.14Some of the features are low-cost, fast access, security, an consensus algorithm and tra ...
FinTech Deal: Alibaba Unit Will Invest $200 Million In Korean Kakao

FinTech Deal: Alibaba Unit Will Invest $200 Million In Korean Kakao

China`s Ant Financial, the financial arm of Alibaba Group, has announced its decision to invest $200 million in mobile payment subsidiary of Kakao Corp, a major South Korean messaging platform.“So ...
FinTech Is Our Future, Says China`s Central Bank Chief

FinTech Is Our Future, Says China`s Central Bank Chief

China`s central bank chief and other officials of People`s Bank of China (PBOC) held a press conference on March 10 to discuss a range of economic and financial issues, as South China Morning Post (sc ...
Trading Volumes Are Exploding At China’s Three Largest Altcoin Exchanges

Trading Volumes Are Exploding At China’s Three Largest Altcoin Exchanges

Trading volumes recorded by China’s three leading bitcoin exchanges fell following the central bank’s adoption of stricter scrutiny one month ago, a gesture that coincided with formal efforts aimed at ...
The Chinese Bank to use Blockchain. Is it a competition with Alibaba?

The Chinese Bank to use Blockchain. Is it a competition with Alibaba?

The Peoples Bank of China (PBoC) recently announced its plans of utilizing blockchain technology for developing RMBCoin, a blockchain based national currency. By using this technology, tPBoC is alloca ...
China Turns Its Attention Towards Blockchain

China Turns Its Attention Towards Blockchain

China`s leading banks are hiring blockchain experts in line with government`s plans to explore the possible applications of the blockchain techology, reported Reuters (reuters.com).Chinese banks h ...
PSBC Develops Blockchain for 4-Trillion-Dollar Business

PSBC Develops Blockchain for 4-Trillion-Dollar Business

China’s sixth-biggest bank, in assets, partnered with IBM to create a blockchain-based, asset custody based system.Postal Savings Bank of China, abbreviated PSBC, has commissioned a blockchain-bas ...
Why China is expected to Lead in Fintech and Blockchain Industries

Why China is expected to Lead in Fintech and Blockchain Industries

Recent research from reliable and major sources predicts that China will be a global leader in fintech and Blockchain industries. The research development firms include DBS and EY. This prediction is ...
Bitcoin Exchange BTCC: China Has Not Declared Margin Trading Illegal

Bitcoin Exchange BTCC: China Has Not Declared Margin Trading Illegal

On Thursday the leader of BTCC also known as Chinese bitcoin exchange refused reports from media that the exchange company was giving margin loans illegally based on the ruling made by the Central Ban ...
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