China is said to be developing most of the projects on private blockchain network with some centralized controlling authority.
The testing phase of a new blockchain trade finance platform established by the People’s Bank of China has been officially launched.
Seven Stars Cloud Group Inc. and the National Transportation Capacity Co Ltd have signed a $24 billion deal in order to fund large-scale electric bus upgrades for China’s biggest full-service operator.
China is serious about blockchain, and young emerging companies like NULS are forging a path.
Government officials in Xiongan New Area have established cooperation with ConsenSys with a view to create blockchain solutions for China’s “dream city.”