16600 new Chinese companies describe their business using the word blockchain

China now has more than 4,000 companies with blockchain in their name. (Qixin search) Blockchain is the technology behind cryptocurrencies like bitcoin and ethereum. Qukualian, the Chinese translation of blockchain, was used in the registered names of 3,078 companies so far in 2018. 555 companies applied to use names with the chinese word for blockchain …

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Impact of AI and Mobile Internet compared to Growth of China and India 2013-2025

In 2013, McKinsey lists 12 disruptive technologies that would have multi-trillion economic impact from 2013 to 2025. Nextbigfuture compared this to expected GDP growth of nations. It is now five years down the line and we can see more about what the GDP growth will likely be and how those technologies are doing. There are …

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Mastercard has patent which could enable blockchain currency credit cards

Mastercard has a patent managing fractional reserves of blockchain currency. The Mastercard patent deals with: * storing, in a first central account, a fiat amount associated with a fiat currency; * storing, in a second central account, a blockchain amount associated with a blockchain currency; * storing a plurality of account profiles, each profile including …

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DivvyCloud provides insight into the cloud computing world

DivvyCloud, a cloud security and compliance company, is expanding to support Alibaba Cloud, the cloud computing arm of Alibaba Group. More businesses are shifting to the cloud globally, DivvyCloud’s software will help customers achieve continuous security governance in Alibaba Cloud. DivvyCloud already supports AWS, Azure, and GCP clouds. Earlier in 2018, Alibaba surpassed IBM as …

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Dogecoin added to Robinhood trading

Dogecoin can now be bought commission-free on Robinhood Crypto. Robinhood Crypto supports buying, selling and real-time market data for: Bitcoin (BTC) Bitcoin Cash (BCH) Dogecoin (DOGE) Ethereum (ETH) Litecoin (LTC) Robinhood Crypto also supports real-time market data for the following: Bitcoin Gold (BTG) Dash (DASH) Ethereum Classic (ETC) Lisk (LSK) Monero (XMR) NEO (NEO) OmiseGO …

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Oasis labs Privacy first blockchain that is 2–4 orders of magnitude faster than on-chain Ethereum

Oasis Labs is building a privacy-first, high-performance cloud computing platform on blockchain. Oasis created the Ekiden platform. Ekiden is a system for highly performant and confidentiality-preserving smart contract execution. To the best of their knowledge, Ekiden is the first confidentiality-preserving smart contract system that can perform thousands of transactions per second. The key to this …

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A No-frills Beginners Guide to Cryptocurrency That You Can Read and Understand in 10 Minutes

Bitcoin, altcoins, and cryptocurrencies, in general, are always in the news – for the right/wrong reasons depending on whom you ask. Cryptocurrencies still generate a fair mix of support and skepticism from the general market but there’s no denying the fact that its mass-market adoption is an inevitable event. For people who missed the boat …

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China broke up US$1.5 billion cryptocurrency World Cup gambling ring

Chinese police have broken up an illegal World Cup gambling ring hosting more than 10 billion yuan (US$1.5 billion) worth of cryptocurrency bets. The gambling ring ran on the dark web and only accepted cryptocurrencies such as bitcoin, ethereum, and litecoin, according to Guangdong police. The gambling platform operated for 8 months. They had 330,000 …

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Most blockchain value in the short term is in cost reduction but disruptive operating models will start emerging in 3-5 years

McKinsey analysis is that blockchain technologies are 3 to 5 years from having the technical maturity to have meaningful scale for mainstream impact. Blockchain technical configurations are a series of design choices. Choices can be made for more speed, security and storage. Speed is impacted by the size of block and other choices. Security is …

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Baidu, Alibaba, Tencent and Beijing are everywhere in China’s huge internet ecosystem

The South China Morning Post in conjunction with a US venture capital firm have published the 2018 China Internet Report. * Whether it’s building, investing, or acquiring, Baidu, Alibaba, and Tencent are present across the internet ecosystem. * China Internet Empowers Rural Population – The number of rural internet users in China reached 209 million …

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