BLOCKCHAIN

Ofo Turns to Blockchain to Solve Bike-Sharing Challenges

Ofo Turns to Blockchain to Solve Bike-Sharing Challenges

Leading Chinese bike-sharer Ofo aims to tap cutting-edge blockchain technology in its efforts to combat problems related to the management of its trademark yellow bicycles in urban areas.

May 17, 2018
William Clegg
China’s Institute of Computer Technology Joins Blockchain Consortium

China’s Institute of Computer Technology Joins Blockchain Consortium

The Institute of Computer Technology, part of the Chinese Academy of Sciences, has officially joined a blockchain consortium organized by…

May 16, 2018
Dou Shicong
Wall Street Embraces Blockchain as China Curbs Enthusiasm for Cryptos

Wall Street Embraces Blockchain as China Curbs Enthusiasm for Cryptos

Wall Street banks are plowing billions of dollars into blockchain, the tech behind cryptocurrency bitcoin, after China seeded investment in digital currencies before banning them outright.

Apr 25, 2018
Feng Yuqing
Alibaba Cloud Unveils Blockchain-Based Tracking for Luxury Goods

Alibaba Cloud Unveils Blockchain-Based Tracking for Luxury Goods

The Alibaba Cloud Computing Co. unit of Chinese e-commerce juggernaut Alibaba Group Holding Ltd. has introduced a luxury product tracking…

Apr 13, 2018
Dou Shicong
No Place in Finance for Blockchain, PBOC Advisor Says

No Place in Finance for Blockchain, PBOC Advisor Says

Blockchain has no future in finance as digital currencies are not real money, state-run online news portal The Paper cited an advisor to China’s central bank as saying.

Apr 11, 2018
Liao Shumin
China’s Biggest Truck Maker Taps HyUnion Fintech Unit for Blockchain

China’s Biggest Truck Maker Taps HyUnion Fintech Unit for Blockchain

China’s biggest truck manufacturer Beiqi Foton Motor Co., a unit of auto giant Beijing Automotive Industry Holding Co., has enlisted…

Apr 9, 2018
Tang Shihua
Alibaba Quietly Withdraws Test Product Due to ICO Similarities

Alibaba Quietly Withdraws Test Product Due to ICO Similarities

Alibaba Quietly Withdraws Test Product Due to ICO Similarities. China’s largest e-commerce firm Alibaba Group Holding Ltd. yesterday unveiled…

Apr 1, 2018
Dou Shicong
Alibaba Stops Testing Platform Said to Resemble Banned Initial Coin Offerings

Alibaba Stops Testing Platform Said to Resemble Banned Initial Coin Offerings

China’s biggest online retailer Alibaba Group Holding Ltd. yesterday started and then halted testing of a new digital marketing platform…

Mar 30, 2018
Dou Shicong
HyUnion Subsidiary to Provide Blockchain Technology Services for Online Insurance Firm

HyUnion Subsidiary to Provide Blockchain Technology Services for Online Insurance Firm

A wholly-owned subsidiary of HyUnion Holding Co. will provide blockchain technology services to a Beijing-based online insurance company to…

Mar 27, 2018
Tang Shihua
PBOC Unit Launches China’s First Blockchain-as-a-Service Platform

PBOC Unit Launches China’s First Blockchain-as-a-Service Platform

A unit of China’s central bank has set up the country’s first blockchain service platform allowing users to prove their…

Mar 27, 2018
Dou Shicong
Ant Financial, Kweichow Moutai Pair Up to Develop Blockchain-Based Anti-Counterfeit Solution

Ant Financial, Kweichow Moutai Pair Up to Develop Blockchain-Based Anti-Counterfeit Solution

Ant Financial Services Group, affiliate of China’s internet behemoth Alibaba Group Holding Ltd., has entered into a partnership with premium…

Mar 26, 2018
Dou Shicong
Blockchain Bubble May Burst in Two to Three Years, Ant Financial CEO Says

Blockchain Bubble May Burst in Two to Three Years, Ant Financial CEO Says

The head of Alibaba Group Holding Ltd.’s fintech affiliate Ant Financial Services Group has questioned the current hype surrounding the…

Mar 26, 2018
Dou Shicong