Source: Adobe/aykutkarahan China could be on the verge of introducing nationwide blockchain standards to govern the nation’s financial organizations, per a new report. According to media outlet Caixin, an unnamed “authoritative” source stated that the central People’s Bank of China (PBoC) has issued a set of “blockchain standards,” which is could soon go on to […]
Source: iStock/Pixfly According to the World Intellectual Property Organization, 2017 was a lucrative year for blockchain patents, in which the absolute lead goes to China, as the Financial Times reports. Out of a total of 406 patents filed last year, more than half of them — 225, to be exact — were filed by the […]
Source: iStock/johnnyscriv Chinese companies and government organizations registered a staggering 7,600 blockchain-related patent applications between 2009 and 2018, with e-commerce giant Alibaba alone registering 512 patents, according to Japanese researchers. Nikkei reports that, per Japanese research company Astamuse, Chinese parties’ patent applications accounted for 60% of the 2009-2018 total. South Korea placed second in the […]
Source: Adobe/metamorworks China’s huge blockchain push means that there are now a staggering 44,000 firms in the country dedicated to the technology – after central and province-level drives to create a network of blockchain hubs that encompasses much of the nation. However, there are also signs that the rate of expansion is coming too quickly […]
Source: iStock/杨培培 The People’s Bank of China (PBoC) has issued some USD 2.8 billion worth of blockchain-issued financial bonds to small business loans in China. Per reports from Xinhua and Naeil Shinmun, the central bank says that it used its “own independently developed blockchain bond issuance system” to issue the bonds on December 3. The […]