David King, technology writer specializing in privacy, blockchain and FinTech, shares his view of the China’s blockchain technology journey, explaining key regulations, policies, and technology’s use-cases in the country.
One of the largest banks in China issued over $1 billion worth of securities utilizing blockchain technology. This marks a milestone, as the country’s financial institutions are implementing blockchain more than ever, due to their transparency.
China’s Supreme Court announced that blockchain technology can now be officially used to authenticate evidence in legal disputes.
The world’s most populous country has filed a prevail number of blockchain patent applications leaving the U.S. a poor second in the race for technology dominance.
The capital city of Jiangsu province, Nanjing has launched a $1.5 billion blockchain investment fund to boost the token economy and public blockchain projects in China.