Archive | shanghai

Shanghai Stock Exchange Looks to DLT to Further Regulation

The Shanghai Stock Exchange (SSE) published a research paper on Tuesday, which analyzed the use of DLT in various stages of a security transaction, writes Coindesk. The SSE is one of the two stock exchanges operating independently in the People’s Republic of China and is the world’s 3rd largest stock market by market capitalization. The […]

China’s Banking Regulator Warns Against “Mythologizing” Blockchain

A Chinese regulator has spoken out against blockchain, accusing some of mythologizing the technology, writes Cointelegraph. Fan Wenzhong, head of the international department of the China Banking and Insurance Regulatory Commission, made the statement during a recent speech at the 5th Fintech Bund Summit in Shanghai on 8 July. The regulator didn’t deny that blockchain […]

Chinese Startup to Use Blockchain to Track Wine Imports

The Chinese wine industry is worth $2.8 billion. In attempts to improve trust, Shanghai-based startup VeChain is using blockchain technology to track imports to the city — the mainland’s second-largest market for imported wine — from vine to table. VeChain: Using Blockchain to Build Trust in Wine Industry To start, VeChain is teaming up with… […]

Chinese E-Commerce Giant Says Blockchain Not A Bubble

Founder of Chinese e-commerce giant Alibaba, Jack Ma, has commented recently that he doesn’t see blockchain as a bubble, unlike sees bitcoin, which is something he has no plans to pursue. The e-commerce boss made the comments at the 2nd World Intelligence Conference, which was held in Tainjin in Northern China on May 26th. At […]