Blockchain Applications

Governments used to openly dismiss blockchain, they are now seeing potential benefits in its traceability. They have come to understand that it is not necessarily the anonymous, shady underworld they thought it was.

At present, many financial institutions have adopted the Onchain DNA architecture to develop blockchain proof-of-concept products, such as banks, brokerages, payment, and registration and settlement institutions.

The People’s Bank of China has officially launched testing of a finance blockchain project for three currency areas.

Since the end of 2015, with the contact with Bitcoin, in the past three years, Yi Lihua has invested in more than 70 blockchain projects such as Quantum Chain, Chain, Eos, BigONE, etc.

City governments in China have invested $3.57 billion since 2016 to support blockchain startups and R&D. Here’s a guide on who’s doing what.

Blockchain is a form of distributed ledger technology that has gained significant attention in areas other than cryptocurrency since 2014: blockchain + Internet of Things (IoT), blockchain + security, block Chain + finance, blockchain + logistics and more.

The Bank of China has partnered with China UnionPay to jointly explore blockchain technology applications in payment systems.

What are the reasons for the transformation and what is the fundamental driving force? Third, what is the manifestation of the blockchain's ability to transform the production relationship; finally, based on the design of the supply blockchain business system, how to design a blockchain business system.

Alibaba Group Holding is worth keeping an eye on for those who believe blockchain technology is the future. The multinational technology conglomerate, led Alibaba Group Holding, led by Jack Ma, has filed over 10 percent of the world's patent applications for the blockchain technology.

From the history of blockchain, Bitcoin was first born. At that time, there was no blockchain technology and nouns. Then the industry extracted the technical architecture and system from Bitcoin, which was called blockchain technology.

Major Chinese and American firms are leading a global blockchain push, with Alibaba and IBM having filed around 90 patents each relating to the tech.

The "White Paper on China's Blockchain Technology and Application Development" showed that Alibaba ranked first with a total of 49 blockchains. If these capabilities are used for "mining" or for "currying", there is no doubt. Alibaba's stock will also benefit greatly, but Alibaba is clearly not here.

Alibaba IBM Top In Global Blockchain Patent,Chinese internet giant Alibaba,china US leading global drive develop blockchain applications.

At the recent Davos meeting in the winter, the China Blockchain Application Research Center released a report showing that China's blockchain patent and blockchain financing growth rate far exceeds that of the United States and leads the world.

A public blockchain project founded by the former head of Alibaba’s blockchain team has raised over $20 million from institutional investors in a combined token and equity sale. Called Ultrain, the startup recently announced that important investors in the round included token funds, such as Draper Dragon, FBG Capital, DanHua VC, etc.

Every new technology is born with a question mark, and the evolution of new technology often does not write a full stop.

Can blockchain, a decentralised ledger system, really work within the strongly centralised public sector?

The blockchain originated from Sakamoto's bitcoin. As the underlying technology of Bitcoin, it is essentially a decentralized database. Some people think that blockchain is the most disruptive technological innovation since the invention of the Internet.

The music industry can benefit from blockchain technology as it helps in implementing enforceable copyrights, secure payments, and facilitate transparency around royalties.

Under the repeated bombardment of the recent round of information, the "blockchain" technology hot word finally mixed in front of us. However, after reading the contents of various blockchains, many people expressed confusion and doubts: Is it related to our ordinary life? Of course!