iQiyi, an online video platform owned by the Chinese tech giant, Baidu, has integrated distributed ledger technology (DLT) into its processes in an attempt to significantly boost its buffering speed and network congestion as well as energy consumption, according to reports on April 14, 2020. origin »
All of China’s major tech firms are actively working on blockchain technology. However, Baidu just became the first among them to issue a public beta version. China’s progress on blockchain technology is accelerating as Baidu announced that it has launched its public beta blockchain network.
Search volumes for the word “blockchain” skyrocketed in China after President Xi Jinping said that his administration would embrace blockchain technology. Interest for blockchain rises On Friday, Oct.
JD. com, a Chinese e-commerce giant, has been reported by a news site called Securities Daily News to have applied for over 200 blockchain patents. The company is one of the major competitors to Alibaba, which has applied for 262 patents related to the blockchain.
China‘s Cyberspace Administration – the country’s central internet regulator – has released the first list of companies approved to conduct business with blockchain tech. There are 197 businesses included on the list which, according to analysts, is meant to “provide a controllable environment to explore blockchain technology,” the Global Times reports.
BORA token, deposit available from the 6th, withdrawal, and trade available from 7th through DigiFinex Detailed collaboration with partners to ensure the real-life usability of BORA token in various blockchain based services.
The latest crypto investment fund on the block is Dragonfly Ventures, a $100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures.
A court in China has ruled Ether (ETH) is “property” and should come under the protection of the law in a landmark case this week. China Legislators: We ‘Cannot Deny’ ETH Status Details of the decision appeared in local media outlet Baidu September 27 and were subsequently translated by social media commentator cnLedger.
China is showing no intention of slowing down its cryptocurrency crackdown. In the latest, Baidu, Alibaba, and Tencent (BAT) — the three largest technology companies in the country — are banning cryptocurrency-related activities from their platforms.
Founded by former Google employees, Atlas protocol just raised millions to disrupt online advertising and marketing by developing a technical infrastructure based on the distributed ledger technology.
Shuang Li, former General Manager of Meituan Open Services (MOS) walked away from lucrative package by industry tycoons, but jumped startup bandwagon to set up BonusCloud, whose vision is to become AWS in decentralized cloud computing.
Baidu, the technology behemoth, is all set to launch a rewards program for their blockchain project ‘Totem’. The company is set to unveil the program as well as the blockchain layout at a blockchain technology conference on 18th July 2018.
China Money Network reports that Chinese search engine giant Baidu is set to unveil its new blockchain layout and Totem Rewards for its blockchain-based photo service, Baidu Totem. The company recently announced that the two new features would be unveiled on July 18.