Blockchain Innovations On Tap, As Qtum Partners With Storm Player, China’s Largest Video Player

Announcements, Blockchain, Innovation, News | January 8, 2018 By:

Smart contracts platform Qtum and China’s Baofeng Bokocloud have joined forces to create a blockchain concensus network service for video using Baofeng’s Storm Player, one of the most popular online video players in China.

Storm Player already has more than 200 million users and its parent company has a market cap of $8 billion.

 Read more  »

China Bitcoin and ICO Deals Continue After Government Crackdown – Report

Blockchain, ICO News, Investing, News, Regulation | November 8, 2017 By:

The Financial Times newspaper is reporting that Chinese investors are still trading bitcoin and buying initial coin offerings, despite new laws that prohibit those activities.

While public exchanges are shut down, private over-the-counter markets are apparently flourishing, according to the FT report. Reminbi shares of bitcoin trading on the OTC market has gone from five percent at the beginning of September,

 Read more  »

People’s Bank of China Official Touts State-Issued Cryptocurrency

Blockchain, Investing, News, Regulation | October 16, 2017 By:

An official for a division of the People’s Bank of China (PBoC) has touted the need for a state-issued cryptocurrency that would be controlled by the government.

Yao Qian, the Director of the Digital Currency Research Institute, a division of the PBoC, made his pitch at a meeting hosted by the International Telecommunications Union.

 Read more  »