Topic: 🌅 China - Rising Star of Crypto 🌅 (Read 553 times)

https://token.security/article/analysis/seven-reasons-china-is-leading-blockchain-development/

Seven Reasons China is Leading Blockchain Development

1. The same authority that banned ICO in 2017 also registered the most blockchain patents of any organization in the world that year.
This is according to a report from the People’s Daily. The Chinese central bank has made blockchain a major initiative. As such, the PBOC will play a major role, especially in the development of a Chinese national cryptocurrency (likely to be the first in the world).

2. President Xi Jinping has personally acknowledged blockchain as a breakthrough technology.
As part of China’s national development strategy, the Central Government identifies technologies for double down with initiatives in both the public and private sectors. Blockchain has been identified as one such technology, together with AI, quantum computing, mobile communications, and IoT.

3. The Shenzhen Arbitration Commission has ruled that Bitcoin constitutes personal property.
As such, it enjoys full protection by the law, according to Chinese media outlets. This decision specifically covers Bitcoin (BTC), Bitcoin Cash (BCH) and Bitcoin Diamond (BCD). Among its principle findings is that though Bitcoin exists in the virtual space, it has special characteristics with regards to possession. In addition, the court found that Chinese law neither prohibits the ownership nor transfer of Bitcoin. While not recognized as a currency, the court does recognize that Bitcoin can bring economic benefits to transacting parties. Merchants and retail consumers can thus use Bitcoin as a medium of transaction.

4. China's 13th five year plan (十三五) mentions blockchain twice as a strategic technology.
China’s five year plans are arguably the most important document produced by the Central Government. It outlines China’s key initiatives, concerns, reforms, and accountability metrics over a span of the next five years. The concept of Blockchain (区块链) is mentioned twice in this document, next to other national priorities: big data, advanced robotics education, and accelerated innovation.

5. The top cryptocurrency exchanges were born in China or its Special Administrative Region of Hong Kong.
Binance, Huobi, OKEx were all originally Chinese exchanges prior to the September ban. Despite relocation to Malta and Hong Kong, all exchanges maintain offices and a significant presence in China and Asia.

6. One of the earliest and most reputable digital asset funds in the world was established in China in 2015.
Fenbushi Capital (分布式资金)  maintains a reputation as befits its claim of being a venture capital fund: the fund invests only in long-term value rather than just short-term token liquidity events. As such, the fund brings much sought after value-add to the companies it invests in, having made more than 25 high-profile investments to date. Notable investments in its portfolio include Circle, Factom, and VeChain.

7. The BAT (Baidu, Alibaba, Tencent) have all made blockchain implementation a major initiative.
Alibaba has registered 43 blockchain patents. Tencent is developing a blockchain platform targeting prescription tampering. Baidu, interestingly enough for us, has already issued a ¥400M asset-backed security on its Blockchain-as-a-Service on the Shanghai Securities Exchange in August 2018.

scheint wohl doch nicht ganz so zu sein....
Neben dem "missinterpretiertem" Gerichtsurteil, gibt's auch gleich noch kritische Stimmen zu Bakkt.
Naja, "China Mega News" waren schon immer dramatische Marktbeeinflussungen, mal sehen wie's weiter geht...
https://cryptoslate.com/no-china-has-not-legalized-nor-put-an-end-to-bitcoin-ban-inaccurate-reports/

https://www.btcnn.com/china-lifts-bitcoin-ban-individuals-and-businesses-can-now-own-cryptocurrencies-legally/amp/#click=https://t.co/tv2iFWU4xC

Besitz von Bitcoin wird in China wieder legal

“Bitcoin (BTC) is now recognized as a legal asset to be owned, transferred and utilized as a medium of payment for goods and services in China as decreed by the Shenzhen Court of International Arbitration after ordering the Bitcoin ban in 2017.”

“CHINESE COURT CONFIRMS BITCOIN IS PROTECTED BY LAW. SHENZHEN COURT OF INTERNATIONAL ARBITRATION RULED A CASE INVOLVING CRYPTOS. INSIDE THE VERDICT: CN LAW DOES NOT FORBID OWNING & TRANSFERRING BITCOIN, WHICH SHOULD BE PROTECTED BY LAW BECAUSE OF ITS PROPERTY NATURE AND ECONOMIC VALUE.”

https://www.coindesk.com/what-chinas-cashless-revolution-can-teach-the-west-about-crypto/

"Bargeld scheint aus Chinas wimmelnden Städten zu verschwinden."

https://www.forbes.com/sites/stevenehrlich/2018/09/17/making-sense-of-chinas-grand-blockchain-strategy/amp/?__twitter_impression=true

“For instance, if Bitcoin or a stablecoin became a medium for exchange, especially for international trade, it would limit the efficacy of China’s exchange rate policies that have historically supporting its export industry. Additionally, crypto assets are extremely volatile, and investors in the space often hear the common disclaimer that they need to be prepared to lose all of their holdings. China has almost 1.4 billion citizens, and if even a small percentage of those individuals lost 90% of their holdings, as many investors in the U.S. did last year, it would cause a significant strain on their social service programs.

Therefore, while it is easy to advocate for open policies, there also need to be emergency breaks in the system.

Looking ahead, it is clear that China will continue to rely on strategies that have worked for it in the past. However, it remains to be seen if government officials in Beijing will see the same results. Even with these restrictions in place the country will continue to be one of the most critical hotbeds of innovation in the space. Over time as the industry develops, the government may be more amenable to crypto assets as well.”

Pchain PAI sollte hier eigentlich auch mal erwähnt werden, morgen wird das Testnet online gehen...bin mal gespannt!

Das musste früher oder später kommen, sonst könnten sie sich das Blockieren anderer Informations- und Medienquellen auch gleich sparen.

https://www.btc-echo.de/massive-zensur-in-china-wechat-accounts-von-kryptounternehmen-geblockt/

China: Die Regierung blockt immer mehr Accounts von Krypto-Unternehmen bei der Messaging-App WeChat. Betroffen sind offenbar vor allem Unternehmenskanäle, die News, Marktanalysen und Informationen über Bitcoin-Miner anbieten. Laut offizieller Stelle von Tencent – dem Mutterkonzern der Messaging-App – würden die gesperrten Kanäle gegen „nationale Interessen“ und „öffentliche Anweisungen“ verstoßen. Das prominenteste Opfer ist der Mining-Riese Bitmain.

Asien wird immer allen voran sein. Dort gibt es zu viel tolle Unternehmen.

Da sieht man wohl das Asien die Nase ganz weit vorne hat was den Kryptomarkt angeht

https://medium.com/@cambridgetricia/asia-owns-most-elite-icos-of-2018-and-other-findings-from-the-top-10-deals-fd53883d0354

“Nanjing, China launches Blockchain Fund for Local Projects Worth $1.5 billion”

https://smartereum.com/26002/7-24-2018-nanjing-china-launches-blockchain-fund-for-local-projects-worth-1-5-billion-blockchain-news/

Die Hauptstadt einer Provinz... $1.5 Mrd... für lokale Projekte... !

Republic Protokoll ist in Singapur ansässig!  Ein Protokoll für dezentrale Exchanges!

Hab dir ne PM mit Bearbeitungslink geschickt, würde zuerst gerne den Großteil fertig machen, dann zum kommentieren Freigeben

Als offenes Google Doc?

By the way: IoTeX kannste gleich wieder runternehmen. Die sind in Californien ansässig, musste ich zu meiner Schande gerade herausfinden.

Bin gerade dabei eine Liste zu erstellen!

Nice, danke, kannte ich noch nicht.

Dann werf ich hier mal Sharex (SEXC)  in die Runde!
Sharex möchte also die größte blockchainbasierte Vermögensverwaltung Chinas, wenn nicht gar der Welt werden - sehr selbstbewusst! Wenn das auch nur annäherend gelingt, wird sich die Investition bestimmt auszahlen.

Dazu ist das Team sehr aktiv und liefert Wöchentlich Berichte und Dokumentieren akribisch jeden Schritt den sie machen!

Ich meine China wird unbedingt für seine eigene Projekte werben.

Naja, so soll es auch sein oder nicht?

China macht das, um seine eigene Projekte zu entwickeln.