Blockchain Might Help Build China’s Industrial Internet

Blockchain, News, Opinion | May 9, 2019 By:

Blockchain technology is fundamentally the automation of trust – replacement of people with machines to execute the transfer of value. Correctly implemented, blockchain technology can lower the incidence of fraud and reduces friction because whatever digital representation of value that happens on a blockchain stays on the blockchain – it cannot be altered.


Blockchain Trade Finance Solution Developed By China’s Forex Regulator

Blockchain, News | April 26, 2019 By:

The State of Administration of Foreign Exchange (SAFE), China’s foreign exchange reserve regulator, has developed a blockchain system aimed to address inefficiencies in cross-border trade finance.

Local financial news agency CNStock reported that the blockchain platform, which was built in collaboration with the Hangzhou Blockchain Technology Research Institute,