Tag: Blockchain

A Storm is Brewing for Bitcoin in 2021

Today I would like to share with you my feelings about two recent news stories. The stormy U.S. election made a big deal last week when supporters of the incumbent president gathered in large numbers in Washington, D.C., in high spirits and dissatisfaction with the election results, and some even stormed the Capitol in an all-out war drama with the world watching. In the aftermath, the incumbent’s social accounts, including those of nearly 70 million of his supporters, were blocked,…

In the face of the “surge” of coins, how to layout the market?

Two of the DeFi tokens that have been particularly notable recently are Link and Sushi. The reason for the attention is that the price has skyrocketed. As far as I can remember Link was hovering around $10+ for a long time and has surpassed $20 in the last two days; Sushi was hovering around $1 for a long time and has risen to over $6 in the last two days. These two coins are also of high interest to our…

Hunan blockchain development plan: by 2022, cultivate and form 10 leading domestic blockchain companies

The General Office of the People’s Government of Hunan Province issued a notice on the “Master Plan for Blockchain Development in Hunan Province (2020-2025)”. The planning proposal proposes to promote the application of blockchain technology in key areas, explore the formation of effective application models; advance the basic research of innovative applications of blockchain, strengthen the research and development of key technologies; promote blockchain technology and artificial intelligence, big data, Internet of Things, etc. Convergence and development of information technology,…

Shanghai: Expanding the pilot application of blockchain to facilitate China International Import Expo bonded display transaction supervision services

Shanghai issued 36 implementation opinions to promote the high-quality development of trade, and pointed out in Article 31 to improve the “single window” function of international trade, to expand the pilot application of blockchain to facilitate the supervision of bonded display transactions at the China International Import Expo. Carry out the cooperation and co-construction of the “single window” of international trade in the Yangtze River Delta, integrate the charging inquiry and processing functions, and strengthen data sharing.

Guangdong New Infrastructure Implementation Plan: Promote “Blockchain+” and strive for a national-level blockchain industry platform to settle in Guangdong

The General Office of the People’s Government of Guangdong Province issued a three-year implementation plan (2020-2022) for the promotion of new infrastructure construction in Guangdong Province. The plan proposes to build clusters of new technology infrastructure such as artificial intelligence and blockchain. Promote the formation of a secure and controllable blockchain support system, support the construction of a number of blockchain infrastructure, security protection, cross-chain interoperability, on-chain and off-chain data collaboration, supervision and other major blockchain-based platform-based major projects, and…

Argo Blockchain, a London-listed mining company, earned 1.2 million pounds in October and mined 126 bitcoins

The October operation report released by London-listed mining company Argo Blockchain showed that its cryptocurrency mining business has increased its revenue and profit margins. October revenue was 1.2 million pounds, higher than September’s 1.1 million pounds, and its average monthly mining profit rate rose from 37% to 40%. A total of 126 bitcoins were mined in October, and 127 were mined in September. So far this year, the total number of bitcoins mined has reached 2,254. Argo Blockchain stated that…

WTO report: Blockchain trade innovation projects are becoming more mature globally

According to Cointelegraph reports, the World Trade Organization (WTO) and the Global Trade Finance Organization (Trade Finance Global) released the “International Trade Blockchain Project Classification Standard” and arranged them according to industries. The original version was released in the winter of 2019. With the development of the epidemic, many changes have taken place in the market. Several of these indicators show that blockchain trade innovation projects are becoming more mature globally. On a scale of 1 to 5, the average…

Guangdong Department of Industry and Information Technology: People’s governments at or above the county level should focus on promoting the construction of new technology infrastructure such as blockchain

The Guangdong Provincial Department of Industry and Information Technology issued a notice on the public solicitation of “Guangdong Province Digital Economy Promotion Regulations (Draft for Comment)”. The draft opinion proposes that people’s governments at or above the county level and relevant departments should focus on the construction of a new generation of mobile communication network, Internet of Things, industrial Internet, satellite Internet and other communication network infrastructures, artificial intelligence, cloud computing, and blockchain. Technical infrastructure, as well as computing power…

Shanghai Stock Exchange launches blockchain-based cross-border RMB trade financing transfer service platform

The cross-border renminbi trade financing transfer service platform was announced to be online. The People’s Bank of China will guide the construction and development of the Shanghai Stock Exchange in conjunction with relevant institutions. It will introduce blockchain-based distributed data storage, consensus mechanisms, and encryption algorithms to realize logistics declaration information and financing information Such data are shared and compared to verify the authenticity of the underlying trade, so as to effectively prevent false trade and duplicate financing risks, and…

The European Investment Fund plans to raise 700 million euros to support the development of technology companies, covering areas such as blockchain

The European Investment Fund (EIF) has signed the first batch of six equity agreements with venture capital funds to support business under the EU’s “InnovFin Artificial Intelligence and Blockchain Initiative”, EIF and Austria, Finland, Germany, Luxembourg and the Netherlands’ technology The new agreement reached by the equity fund is expected to raise 700 million euros to support European technology companies, start-ups and small and medium enterprises can apply for financing. A total of 700 million euros of funds will support…