Topic: The new usage of blockchain in China. (Read 259 times)
will be interesting to see how much they can really block blockchain. inevitably it will push through! definitely one of the big PROs for Blockchain. Horrible story about the professor.
Blockchain is the death for China government and their politics)That's why they trying to block it)
It is true that all that can kill the Chinese dynasty that always closes there will be cryptocurrency.
If you know that many Chinese Investors have fled abroad to look for assets or even open new Exchange to be safer, and the best destination for investors is Singapore.
Although China does not accept the MOF, the Chinese have taken advantage of blockchain technology to bring them into daily work, which is a very good improvement. Capture the good trend of this country.
blockchain technology allows us to reach a completely new level of transparency of relations between people and states. China understands that with the advent of this technology, their communism can crumble like a house of cards.
The Blockchain technology has some really good features that can used for other really important things. This is just one of them. The speed in which these things can be done too is amazing. It's difficult or impossible to block them.
China is a big market that can develop electronic currencies in an anti-competitive manner, but the Chinese government cares for them.
No it can't. China will create an altcoin and Chinese will still know how much more valuable bitcoin is. And it is decentralized.
People wouldn't be able to sell a crypto made by (or approved by) the Chinese government as easily as bitcoin can be sold inside or outside of China. And the Chinese have converted Yuan into USD, GBP, EUR and CAD for the last two decades in MANY different ways just to store the value of their wealth. Bitcoin will still be best for people in China who want to send their money out of China (the rich) to store value.
In this amazing country, sensitive information is forcibly removed by authorities. 404 page will appear.
In the block chain, there is no 404.
Peking University professor shenyang, 22 years ago, sexually assaulted and stigmatized student gao yan, causing the latter to commit suicide, and the incident continued to ferment after exposure. Peking University student yue xin asked the university to publish the report of the year, and was threatened by the school. The incident was completely blocked on the Internet, but Internet users continued to spread the truth through the blockchain and other technologies.
The people are really innovative and are genius in finding ways. The blockchain can be really used in many ways, both for the good and destruction, one thing that scares the government. In the block chain, there is no 404.
Peking University professor shenyang, 22 years ago, sexually assaulted and stigmatized student gao yan, causing the latter to commit suicide, and the incident continued to ferment after exposure. Peking University student yue xin asked the university to publish the report of the year, and was threatened by the school. The incident was completely blocked on the Internet, but Internet users continued to spread the truth through the blockchain and other technologies.
China is a big market that can develop electronic currencies in an anti-competitive manner, but the Chinese government cares for them.
The application of Blockchain is so abundant. The way people used it in your story proves practical application of Blockchain. I'm not very surprised but it's just amazing. This technology is said to be very potential and the future technology. Now the Blockchain technology has gone beyond financial assets like Bitcoin. I hope in the future there are more creative and innovative invents used Blockchain technology.
The Bank of China, one of the nation's four largest state-owned commercial banks, has announced it will use Blockchain technology to support poverty reduction in the Tibet Autonomous Region, hoping to increase its efficiency and transparency.
The benefits of Blockchain technology are enormous, especially in the cryptocurrency market. And now, Blockchain will be used by Chinese banks in the poverty reduction plan.
In addition, the financial sector is where Blockchain can achieve the highest efficiency, demonstrating the highest security and immutability possible. As the financial side depends a lot on record keeping, the ownership of a scattered ledger is completely set up, more convenient than ever. It supports solving a wide range of data tracking problems.
According to China Money Network, the central bank hopes to use Blockchain to fight poverty in Tibet's autonomous region. According to the regional relief office, some 330,000 Tibetans live below the poverty line. The province has a poverty rate of 12.4%, four times the national average of 3.1% in China. More than 85% of Tibetan land area is located above 4,000 meters above sea level. Harsh natural conditions are one of the causes of entrenched poverty.
Basically, the bank will use Blockchain technology to upgrade the existing cloud-based system of poverty reduction funds. In addition to security verification and other features, the current system allows project management related to fund applications, fund verification and subsequent allocation of these funds.
The benefits of Blockchain technology are enormous, especially in the cryptocurrency market. And now, Blockchain will be used by Chinese banks in the poverty reduction plan.
In addition, the financial sector is where Blockchain can achieve the highest efficiency, demonstrating the highest security and immutability possible. As the financial side depends a lot on record keeping, the ownership of a scattered ledger is completely set up, more convenient than ever. It supports solving a wide range of data tracking problems.
According to China Money Network, the central bank hopes to use Blockchain to fight poverty in Tibet's autonomous region. According to the regional relief office, some 330,000 Tibetans live below the poverty line. The province has a poverty rate of 12.4%, four times the national average of 3.1% in China. More than 85% of Tibetan land area is located above 4,000 meters above sea level. Harsh natural conditions are one of the causes of entrenched poverty.
Basically, the bank will use Blockchain technology to upgrade the existing cloud-based system of poverty reduction funds. In addition to security verification and other features, the current system allows project management related to fund applications, fund verification and subsequent allocation of these funds.
Blockchain is the death for China government and their politics)That's why they trying to block it)
Freedom of speech is difficult to achieve in China, so the use of technology "blockchain" technology to release "sensitive" network information.
The “blockchain” is at least free, and it can break through the pervasive review mechanism of the Chinese Internet.
The Chinese government has always banned all forms of foreign service, that's the reason why block chain is no exception
China always comes up with weird stuffs, right?
Blockchain is technology of the future suitable not just for cryptocurrencies but for many other usages in many diverse industires and businesses. Many different tests are being made recently by many companies exploring how the blockchain could be used in the best and most profitable way.
This in China an example how you can't find modern technologies and people will always find the way to use it for the good purpose.
This in China an example how you can't find modern technologies and people will always find the way to use it for the good purpose.
That's a very sad and very bad behavior, but I think with the use of Blockchain technology it will be very helpful in storing data data because that data will not be deleted again when it is written in blockchain ledger.
you don't really need a blockchain for that matter! you need a decentralized platform that the government can not block. and it can be a news site or a chatroom or whatever that is censorship resistance. blockchain is mainly good for when you want a distributed public ledger, preferably in a decentralized manner.
not to mention that what you are describing here can be overcome by usage of VPNs or TOR network.
not to mention that what you are describing here can be overcome by usage of VPNs or TOR network.
One way of publishing this type of content is to use deepvault by deeponion. Virtually free to do and the information is forever embedded into the blockchain. The other benefit is that is uses technology that can bypass the great firewall of china so everyone can use it https://steemit.com/deeponion/@soldier100/deepvault-a-deep-onion-innovation-first-in-the-industry
It is an amazing technology and thanks for sharing. I was not aware of it.But why do you guys think that the blockchain cannot be eventually cenzored too? In the early days it seemed that the Internet cannot be cenzored, and look at reality now.
The transparency of the blockchain is unreal. A decentralized system will bring everything into the light.
One way of publishing this type of content is to use deepvault by deeponion. Virtually free to do and the information is forever embedded into the blockchain. The other benefit is that is uses technology that can bypass the great firewall of china so everyone can use it https://steemit.com/deeponion/@soldier100/deepvault-a-deep-onion-innovation-first-in-the-industry
Blockchain is the death for China government and their politics)That's why they trying to block it)
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