Hangzhou Blockchain Industrial Park (BIP) has issued six types of funding to attract new businesses as it seeks to expand its reputation. The park, which was opened on April 9, is offering subsidies ranging from venture capital funding to PhD living allowances.Subsidies Encourage Blockchain IndustryThe move is aimed at...
A senior official at the Central Bank of the Russian Federation has stated that additional research and exploration is needed to fully grasp the potential benefits of the blockchain technology.Olga Skorobogatova was speaking in a discussion held at the SPIEF conference in Saint Petersburg.Does Blockchain Need Better Scaling Solutions...
A new report issued by audit and consulting firm Deloitte has found that blockchain technology will become a critical asset to the retail and consumer packaged goods (CPG) industry. The report analyzed over 50 potential blockchain use cases and suggests that the “potential impact” of the nascent technology “is...
Two Chinese entrepreneurs are teaming up to launch a blockchain-based ride hailing application. Weixing Chen and Yang Jun hope to create a platform that will offer various life-style type services. These will be include (but not be limited to) ride hailing and deliveries.Could Blockchain Revolutionise Ride Hailing in China?Weixing...
A Chinese government analysis has concluded the average lifespan of a blockchain project is 1.22 years, sources report May 28. Speaking at the ongoing China International Big Data Industry Expo 2018 in Guizhou, He Baohong of the China Academy of Information and Communications Technology (CAICT) said only 8% of the...
The Bank of England has issued a staff working paper, which suggests that central bank digital currencies could pose a competition threat to commercial banks. ...
With all the “buzz” around blockchain technology these days, businesses are pushing hard to enter the space and even harder to obtain a viable, real-world ready product. Blockchain is still in the early stages of adoption, mostly driven by startups, although some large companies like IBM, Walmart and Visa...
Blockshow Europe 2018 has announced the winners for its blockchain industry leaders poll, which was conducted using a blockchain-based voting app called Polys. BlockShow’s 2018 poll gave supporters worldwide the opportunity vote for those women and companies they felt to be making the biggest impact on the European blockchain sphere....
BlockShow 2018 Europe has started in Berlin, bringing together over 3,000 attendees and 150 projects from the international blockchain space. ...