🔴China’s WeBank Announced Partnership with Singaporean Government-Backed OpenNodes as the First Move to Take its Blockchain Global
🔻China’s top digital bank WeBank has announced partnership with Singaporean government-backed OpenNodes. This partnership will allow China’s FISCO BCOS blockchain platform to be brought to Singaporean academics for innovation and new initiatives.
China’s Blockchain Services Network (BSN), connects nodes in 128 cities in the country. The network also includes 7 areas outside of China including Paris, Sydney, San Paulo, Singapore, Tokyo, Johannesburg, and California.
#china
#OpenNodes
#blockchain
#Singapore
#bank
#digitalbank
🔻China’s top digital bank WeBank has announced partnership with Singaporean government-backed OpenNodes. This partnership will allow China’s FISCO BCOS blockchain platform to be brought to Singaporean academics for innovation and new initiatives.
China’s Blockchain Services Network (BSN), connects nodes in 128 cities in the country. The network also includes 7 areas outside of China including Paris, Sydney, San Paulo, Singapore, Tokyo, Johannesburg, and California.
#china
#OpenNodes
#blockchain
#Singapore
#bank
#digitalbank
🔴Tencent Aims to Establish 100-Member Blockchain Alliance in 2020
🔺Tencent Cloud, the cloud computing arm of the Chinese internet giant Tencent, is preparing to bring together 100 organizations this year to establish the Industry Blockchain League. The organizations will work together to bring blockchain standards and development for industrial implementation. Tencent recently announced that it would invest $70 billion over the next five years in fintech, blockchain, AI, and cloud computing.
#china
#government
#blockchainnews
#cloudcomputing
#blockchain
🔺Tencent Cloud, the cloud computing arm of the Chinese internet giant Tencent, is preparing to bring together 100 organizations this year to establish the Industry Blockchain League. The organizations will work together to bring blockchain standards and development for industrial implementation. Tencent recently announced that it would invest $70 billion over the next five years in fintech, blockchain, AI, and cloud computing.
#china
#government
#blockchainnews
#cloudcomputing
#blockchain
🔴Chinese Stakeholders’ Reluctance to Share Their Personal Data with Government Run Blockchains
🔺Chinese stakeholders’ reluctance to share their privately owned data with centralized government institutions has brought about great challenges for implementation of blockchain technology in China. There are more than 30 related local governments procuring blockchain technology in China. Some of these projects have been forced to shut down in under two years due to lack of supporting data.
#china
#blockchain
#government
#technology
🔺Chinese stakeholders’ reluctance to share their privately owned data with centralized government institutions has brought about great challenges for implementation of blockchain technology in China. There are more than 30 related local governments procuring blockchain technology in China. Some of these projects have been forced to shut down in under two years due to lack of supporting data.
#china
#blockchain
#government
#technology
🔴Chinese Companies to Bet Big on Blockchain Despite COVID-19 Crisis
🔺A survey of 350 Chinese companies revealed that Blockchain’s pre-COVID-19 corporate bullishness remains alive in the region. According to Xinhua, the study, called “Blockchain in the Post-epidemic Age,” showed that 70% of the companies surveyed before the coronavirus outbreak remain optimistic about the potential of Blockchain technology. Up to 20% believe that they will invest even more to mitigate the effects of the crisis. Blockchain technology is considered the “most effective way to fight against disasters.”
#blockchain
#technology
#china
#blockchainnews
🔺A survey of 350 Chinese companies revealed that Blockchain’s pre-COVID-19 corporate bullishness remains alive in the region. According to Xinhua, the study, called “Blockchain in the Post-epidemic Age,” showed that 70% of the companies surveyed before the coronavirus outbreak remain optimistic about the potential of Blockchain technology. Up to 20% believe that they will invest even more to mitigate the effects of the crisis. Blockchain technology is considered the “most effective way to fight against disasters.”
#blockchain
#technology
#china
#blockchainnews
🔴China Gets Its First Blockchain-Based Public Resource Bidding Platform
🔺China has completed the development and internal testing of the country’s first completely blockchain-based public resource bidding platform. Public resource bidding is a method utilized by governments to allocate large resources to private and public sector companies that promise to complete a particular project. The bidding platform is expected to help authenticate the credibility of central entities involved in the bidding process and expedite data sharing and security.
#china
#government
#technology
#blockchain
🔺China has completed the development and internal testing of the country’s first completely blockchain-based public resource bidding platform. Public resource bidding is a method utilized by governments to allocate large resources to private and public sector companies that promise to complete a particular project. The bidding platform is expected to help authenticate the credibility of central entities involved in the bidding process and expedite data sharing and security.
#china
#government
#technology
#blockchain
Huawei Files for a Storage-Related Blockchain Patent
Huawei strengthens its blockchain adoption campaign by applying for new storage-based Blockchain patents. The government of the Nanshan District of Shenzhen previously announced a partnership with Huawei to boost the adoption of blockchain, big data, artificial intelligence, and 5G in the region.
#china
#blockchain
#technology
#huawei
Huawei strengthens its blockchain adoption campaign by applying for new storage-based Blockchain patents. The government of the Nanshan District of Shenzhen previously announced a partnership with Huawei to boost the adoption of blockchain, big data, artificial intelligence, and 5G in the region.
#china
#blockchain
#technology
#huawei
Blockchain Is Part of Australia’s Cyber Security Solution
In a distinguished cyber security and blockchain forum, Australian experts and government officials suggest blockchain is an integral part to protecting Australia’s business and government from cyber-attacks. Blockchain can address the vulnerability of data and crucial information and prevent the manipulation of data centers. experts believe that blockchain can maintain the integrity of the data.
#cybersecurity
#blockchain
#australia
#china
#government
In a distinguished cyber security and blockchain forum, Australian experts and government officials suggest blockchain is an integral part to protecting Australia’s business and government from cyber-attacks. Blockchain can address the vulnerability of data and crucial information and prevent the manipulation of data centers. experts believe that blockchain can maintain the integrity of the data.
#cybersecurity
#blockchain
#australia
#china
#government
Blockchain Salaries in China Are Exploding in Value as The Industry Expands
Chinese recruiting platforms revealed a significant rise in wages paid for blockchain-related job roles in the country. Monthly salaries start at $2,865 on average. This figure has skyrocketed from an average of $1,230 last year. Higher salaries are being offered to candidates who have more than three years of experience in the blockchain space. For people fitting this criteria, the average salary is set at $7,000 per month.
#blockchain
#job
#china
#technology
Chinese recruiting platforms revealed a significant rise in wages paid for blockchain-related job roles in the country. Monthly salaries start at $2,865 on average. This figure has skyrocketed from an average of $1,230 last year. Higher salaries are being offered to candidates who have more than three years of experience in the blockchain space. For people fitting this criteria, the average salary is set at $7,000 per month.
#blockchain
#job
#china
#technology
Chinese Schools Can’t Keep Up with Demand for Blockchain
Chinese blockchain industry is developing fast, but the educational sector “is seriously lagging” behind the demand of new professionals.
The first group of “blockchain graduates” will start courses later this year. The Chinese Ministry of Human Resources has recently introduced nine new blockchain and cryptocurrency-related jobs. Recently Hundreds of companies in China have been hiring staff for blockchain-related jobs.
#cryptocurrency
#china
#education
#blockchain
#technology
Chinese blockchain industry is developing fast, but the educational sector “is seriously lagging” behind the demand of new professionals.
The first group of “blockchain graduates” will start courses later this year. The Chinese Ministry of Human Resources has recently introduced nine new blockchain and cryptocurrency-related jobs. Recently Hundreds of companies in China have been hiring staff for blockchain-related jobs.
#cryptocurrency
#china
#education
#blockchain
#technology
More Than 10,000 New Blockchain Companies Established in China in 2020
China’s blockchain sector has grown substantially despite the pandemic this year. Statistics show that 10,000 blockchain companies were established between January and July. It shows the maximum registered capital was 5,000 yuan, which is about $717.
The current number of blockchain-related companies in China is on track to surpass 2017’s total figure and to set a new all-time high. The figures show that there are 84,410 registered companies and, of these, 29,340 are in operation.
#blockchain
#cryptocurrency
#china
#technology
China’s blockchain sector has grown substantially despite the pandemic this year. Statistics show that 10,000 blockchain companies were established between January and July. It shows the maximum registered capital was 5,000 yuan, which is about $717.
The current number of blockchain-related companies in China is on track to surpass 2017’s total figure and to set a new all-time high. The figures show that there are 84,410 registered companies and, of these, 29,340 are in operation.
#blockchain
#cryptocurrency
#china
#technology