Money related Trade Considers Blockchain Can Keep Online Barters Fair

Money related Trade Considers Blockchain Can Keep Online Barters Fair
фото показано с : bitcoints.com

2018-7-20 16:56

A state-backed financial asset exchange in China’s Chongqing city is turning to blockchain to make online auctions tamper-proof and transparent.
According to a patent application filed in December and revealed on Friday by the China State Intellectual Property Office, the Chongqing Financial Asset Exchange (CQFAE) is exploring how to create a system that allows multiple parties to bid for a financial asset over a distributed network.
The asset exchange said the effort is necessary because the existing centralized database system is vulnerable to malicious alteration of data, either by bidding parties or even auction organizers.
It stated in the patent filing:
“The centralized online platform could make the bidding process become unfair and less transparent as the bidding parties are also unable to supervise the process.
While it’s so far unclear if the firm plans a blockchain product based on the patent application, it notably comes a month after the Chongqing city government revealed its plan to create a “blockchain digital asset exchange.”

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Dollar Online (DOLLAR) на Currencies.ru

$ 0.0024551 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 3.00 %
Cегодня L: $0.0024551 - H: $0.0024551
Капитализация $1.851k Rank 99999
Цена в час новости $ 0.0129016 (-80.97%)

china exchange asset chongqing financial online blockchain

china exchange → Результатов: 64


Фото:

China’s First Cryptocurrency Exchange Denies Affiliation with BTCC

In an August 17, 2018, announcement, BTCChina, the oldest cryptocurrency exchange in China, has denied any affiliation with BTCC and its newly launched utility token. China’s Largest Crypto Exchange Responds to Rumors Following reports that BTCChina, the longest running cryptocurrency exchange in China, had issued a utility token, the company’s CEO issued a statement denying any affiliation with the token.

2018-8-23 04:00


Фото:

BTCC Relaunch Suggests Exchange Will Create Binance-Style Token

Chinese-owned cryptocurrency exchange BTCC has formally announced the relaunch of its platform while hinting it will launch an internal token. BTCC Token Will Be ‘Fully Convertible’ In a release on July 2, BTCC — which is among the longest-running exchanges both in China and the world — revealed basic details about its token and plans to progressively introduce new trading pairs.

2018-7-2 18:00


Prior best rated trio crypto exchange btcc reopens, announces future release of native tokeb

BTCC, formerly known as BTC China, has relaunched its crypto trading platform and revealed plans to issue its own native token, according a company announcement Monday, July 2. The rehauled crypto exchange is now live, offering trading for Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC) against the U.S. dollar, as well as

2018-7-2 17:58


Experts: Many Small Cryptocurrency Exchanges To Go Out Of Business Soon

Experts and analyst in the crypto industry have predicted a widespread shutdown of small exchange platforms because of their inability to attract investors. A report released by 8BTC.com, a blockchain news platform operating in China, indicated that the first 14 major crypto exchanges take up about 73% of the total value of transactions made in […] The post Experts: Many Small Cryptocurrency Exchanges To Go Out Of Business Soon appeared first on ZyCrypto.

2018-6-22 14:13


Asian Town Creates Disarray with Computerized Resource Trade Proposition

The municipal government of Chongqing city, China, is mulling the formation of a “blockchain digital asset exchange,” but no one is quite sure what it means. Apart from attracting more specialized talent with additional funds, the notice said it will focus on building a blockchain ecosystem, which most notably included “establishing a blockchain digital asset exchange.”

2018-6-15 14:08


Korea University and Huobi Subsidiary announced partnership

In the name of “industry-academia” cooperation in the field of blockchain development, Korea University is reportedly teaming up with the South Korean subsidiary of crypto exchange Huobi. Huobi was originally founded in Beijing in 2013, though it is now headquartered in Singapore, with branches in the US, Japan, Hong Kong, and China. The new South […]

2018-6-14 13:08