China believes blockhcain is the fourth industrial Revolution

KingScorpio

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Quote from: brawdias on May 26, 2018, 11:46:05 PM

Didn't know that China is friendly to blockchain

https://www.ccn.com/chinese-government-orders-faster-blockchain-development-urgently-seeking-results/

blockchain is no industrial revolution its just a new way to decentralise power.

GreatArkansas

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Quote from: brawdias on May 26, 2018, 11:46:05 PM

Didn't know that China is friendly to blockchain

https://www.ccn.com/chinese-government-orders-faster-blockchain-development-urgently-seeking-results/

That is very good news for everyone in blockchain. We all know that blockchain is really helpful, this is really the best technology so far for this generation and it will continue to improve until next generation. For me, blockchain is just starting, there's still a lot of time.

vonnyaries

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i dont know about china, someday they block bitcoin for some reason, and then bitcoin is legal again, and then they block ICO. and right now they think that blockchain is the industrial revolution, are they think that bitcoin and ICO project is work in blockchain system? are tehy want to use their power to "play" with bitcoin price?

gidaahmad

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Of course, I also realize, that the times continue to grow and the world community enjoys technological developments. Almost all the world community holds smartphones. And from this, we see a great opportunity for Blockchain. Do you get my points?

ronnis.gomes

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China is flamboyant and friendly to everything it can control and benefit from, so it is in favor of blockchain technology but at the same time it is a fierce critique of bitcoin

CCIORACLE

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China is truly one of the nations the world should keenly watch for them and no wonder they have foreseen this revelation with regards to blockchain. It think is about time most nation see this as a big opportunity and buy these ideas.

zwiggel

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Right. China's Blockchain industry will continue to grow. Blockchain technology has great potential for transforming business models, but much of this potential has yet to be explored. Ethereum is leading the smart contracting platform, and other platforms such as Qtum and NEO also contribute to the development of Blockchain integration into the business world, by providing unique and innovative solutions.

gentlemand

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Welt Am Draht

I read somewhere on Twitter yesterday that China has revoked the passports of multiple crypto developers and put them to work.

First I was surprised China has any crypto developers as they've contributed fuck all to Bitcoin itself. Second, can China possibly shut out the rest of the world when the rest of the world is using Bitcoin and buddies and not whatever they come up with?

You can do that easily enough with stuff like social media. Money has a far stronger incentive to seep in and out.

Snaic

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Quote from: brawdias on May 26, 2018, 11:46:05 PM

Didn't know that China is friendly to blockchain

https://www.ccn.com/chinese-government-orders-faster-blockchain-development-urgently-seeking-results/

Yes, China, like all other countries, fully endorses the promise and advantages of blockchein technology. Now in China, the largest number of patents for the introduction of blockchein technology. Although the Chinese government is showing solidarity with the rest of the world. On the introduction of crypto currency, the Chinese government holds its opinion that decentralized crypto currency is a threat to the existence of the economy and therefore developed a two-year program to completely ban decentralized crypto currency. They are developing their own approach to cryptovoltnosti and while it is still very difficult to understand because of conflicting actions in this area. In general, we should recognize that the isolated position of the Chinese government in other areas of management has brought China a good success in its development and it deserves respect. So let them experiment. If its own path in relation to the crypto currency is dead-end, China will return to us.

dadanpradana

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that's good news and I like that because it can raise the price of Bitcoin.

unfortunately this news was made around May 2018, if made now it might be better lag. I hope .

Yantoaja

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In fact China has already supported the crypto, even the Central Bank of Russia with China and several other countries such as Brazil, India and the former Soviet republics have begun to create the idea of creating multinational cryptocurrency, if it is approved then 40% of the world's population will use it.
Source : https://cointelegraph.com/news/pax-crypto-russia-proposes-first-multinational-cryptocurrency-expert-blog

Bank of China Deputy Governor Fan Yifei wrote an article publishing the possibility of a digital currency to be issued with Chinese commercial agencies.
with this news will increase Chinese public interest about cryptocurrency.

dangkhoasn

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Blockchain is really developing in China. We can see a lot of blockchain projects coming from China with good quality. I also believe blockchain is the fourth industrial revolution

ethancer

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China has the biggest industry. If it accepts blockchains completely, we will start seeing that everywhere else. It will be a revolution

stellaekun

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Quote from: brawdias on May 26, 2018, 11:46:05 PM

Didn't know that China is friendly to blockchain

https://www.ccn.com/chinese-government-orders-faster-blockchain-development-urgently-seeking-results/

I kind of believe with this the Chinese government are working behind the scenes to make it better for its citizens, the ban should will likely be relaxed in the future.

novikov433

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If to think on an industrial scale, when robots will interact with each other, then this is actually a new era of limitless possibilities, all that is necessary is to install sensors everywhere and transfer information after accumulation from one volume to another. Therefore, it seems to me that in the future robots will completely replace people, because it is easier to oppose the artificial intelligence that immediately receives commands from all sides or simply does it on the other end of the world than it tries to control people, giving each individual instructions on the physical and mental data of a person . The power of computers in this plan is completely unlimited - one computer can manage millions of instructions and nodes, a person can only perceive 1-3 teams at the same time.

realsteve

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Quote from: Veterock on June 08, 2018, 11:47:04 AM

The Chinese are not stupid people and they understand the value of blockchain as a technology. It would be foolish not to use it

Like several other nations and many corporations, they are trying to ride the thin line between being pro-blockchain but anti-digital currency. The lines are very blurred here.

Amanda Green

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It is a platform for insurance companies that was created in order to make the communication between customer and insurance company more convenient and simple. With this ecosystem, companies will be able to cut operating costs, create new insurance products, deal with data analysis more efficiently and many other benefits.

eaLiTy

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Quote from: vnck25 on July 25, 2018, 04:09:08 PM

I think China is right on the spot! Blockchain technology is extremely useful and versatile! I think any business would see how important it is and would embrace or use it to improve their business.

The actions from China says otherwise, what they will be planning to do is to control the blockchain technology and have regulations so that they wanted to monitor every move, the basic reason why bitcoin came into existence is to have a free trade around the world without any restrictions from governments and whether the governments like them or not we will move forward for that goal, it is a revolution that will change the entire economic structure without a doubt.

royalfestus

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I hate to read about China with respect to bitcoin after so much bad impact on the space, bringing bad policies to restrict the use in a country with such large population and technology oriented environment that is solely capable of driving the coin price to any height and also maintain a high volume trade that can be consistent. Whatever they want to they should just with no lengthy campaign

worldofcoins

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Quote from: Israel712 on June 08, 2018, 11:50:01 PM

Blockchain is the future today. A more secured technology, and an encrypted trading platform that allow data to be stored continuously. It is a 4.0 technology that seek to build trust in the global transactions.

yes, that's true. Most of our future depends on the blockchain technology and what we chose to do today will greatly impact that future.

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