Chinese Govt. to Issue Blockchain Regulations by 2019
China is working on launching new laws on blockchain by 2019.
- Rosemary Tomichan
- May 11, 2018
The blockchain is a decentralized system with a distributed open ledger that is publicly accessible, and its copy is stored on millions of computer systems. Blockchain became popular with the inception of cryptocurrencies like Bitcoin. However, it is important to note that blockchain's utility is not limited to cryptocurrency. Discover such systems in this news section.
China is working on launching new laws on blockchain by 2019.
The CEO of Nasdaq, Adena Friedmanv expressed that blockchain will be crucial for economies going forward and also displayed her support for cryptocurrencies
Australian blockchain startup Power Ledger’s primary aim in Puerto Rico is to help raise funding which would help the country repair its damaged power grid.
Microsoft announced setting up of Azure Workbench, a tool to easily set up blockchain.
The Sirin Finney smartphone, being manufactured by Foxconn in association with Sirin Labs, is all set to come out with a cold-storage hardware wallet!
Kin Ecosystem Foundation has taken a decision to fork the Stellar currency to allow developers working with Kin blockchain to find more space
ToTheBlockchain is a Twitter bot that copies tweets to the Bitcoin blockchain. Find out more about this project from the founder- Jonathan Otto himself.
BMW's Innovation Lab is working in association with cryptocurrency startup DOVU, using blockchain tech and crypto rewards to improve the tracking of mileage.
Former VP of Messenger, David Marcus announced that he will now lead a blockchain development group which explores how Facebook can benefit from the technology.
Autonomous seem to have liked the concept of blockchain so much that they also introduced a Blockchain based agreement application called Handshake.