• Markets
  • Crypto
  • Web3
  • Culture
  • Opinion
  • Politics
Subscribe
  • Login
  • Register
No Result
View All Result
  • Markets
  • Crypto
  • Web3
  • Culture
  • Opinion
  • Politics
No Result
View All Result
No Result
View All Result

Xinhua, China’s Biggest News Agency, Will Cover the Global Blockchain Summit

02/09/2016 18:35
No comments

Economic Information Daily, a national Chinese newspaper run by Xinhua News Agency – “the biggest and most influential news organization in China” – according to Wikipedia, is to cover the Global Blockchain Summit to be held in Shanghai from the 23rd to the 24th of September.

The two-day event follows Devcon2 – which, in addition to Microsoft’s and Santander’s sponsorship, recently announced Platinum Sponsorship by Dinar Dirham, a seemingly gold backed new cryptocurrency – and Demo Day, which is to release a list of the demo projects and the agenda soon.

The Blockchain Summit is the biggest event so far with some of the world’s biggest brands and household names. In Friday’s opening session, Microsoft and IBM are to be joined by WeBank, China’s first online only bank launched last year by Tencent, whose highly popular instant messaging app, WeChat and QQ, is used by more than half a billion able to access WeBank’s financial products/services from the app.

Their presentation at the blockchain summit, right after Microsoft’s Marlay Gray, may be the most interesting as they are uniquely placed to bring blockchain based fintech to instant messaging services.

Joseph Lubin, founder of Consensys, Etherem’s development powerhouse, is prominently featured as the third keynote speaker, to be followed by R3, Santander’s Blockchain Labs and ChinaLedger, an alliance of numerous financial institutions with the aim of advancing blockchain tech in China.

Saturday morning opens with Garrick Hileman, Professor at Cambridge University, making an announcement related to blockchain research followed by the Boston Consulting Group, a prestigious management consulting firm with yearly revenue of £5 billion, which is expected to make a joint announcement with String Labs, a new VC backed start-up that is “developing and incubating open chain systems and applications,” according to their website.

The Venture Capitalists will have their own panel with Union Square Ventures, one of the more influential Silicon Valley based VC firm, IDG Capital, a China based VC firm that controls billions, as well as Fenbushi, a blockchain based VC fund set up by Wanxiang, one of China’s giant conglomerate.

Ernest & Young will highlight a relatively new field – InsurTech – with their presentation on blockchain use cases in the insurance industry. UBS will present on banks and blockchains and Chronicled will present on their highly promising blockchain based internet of things project.

Overall, the event promises to be the biggest ever with the number of brands in attendance a clear indication that blockchain has arrived. Moreover, the addition of Xinhua, which, according to wikipedia, is “the official press agency of the People’s Republic of China… [and] its president is a member of the Central Committee of China’s Communist Party” suggests the Chinese government has moved towards embracing, if not even promoting, blockchain technology.

Related Posts

Paying with e-rupee, Jan 2023

India’s Billionaire Showcases Digital Rupee

Blockchain at Davos 2022

Crypto to Head to Davos

Crypto Blockchain Showcased at TechEx Expo in London

News of News For Bears and Bulls

Load More
  • Trending
  • Comments
  • Latest
A trillion dollar coin

A Trillion Dollar Coin, is it Coming?

Pakistan stock exchange

Pakistan and Egypt at Risk of Currency Crisis

Bin Faqeeh accepts bitcoin, Jan 2023

Bahrain Property Giant Starts Accepting Bitcoin

Silver Golub & Teitell LLP

Class Action Lawsuit Filed Against DCG and Barry Silbert

Pakistan stock exchange

Pakistan and Egypt at Risk of Currency Crisis

The bitcoin bull, is it in sight? AI generated art. Jan 2023

Bitcoin Bulls Struggle with $23,000

Biden signing crypto executive order in 2022

White House Seeks Public Comments on Crypto Strategy

Paying with e-rupee, Jan 2023

India’s Billionaire Showcases Digital Rupee

Comments

Latest News

  • Pakistan and Egypt at Risk of Currency Crisis
  • Bitcoin Bulls Struggle with $23,000
  • White House Seeks Public Comments on Crypto Strategy

About Trustnodes

Terms of Service

Privacy Policy

Our Ethics and Values

Trustnodes Newsletter

(You have to be a paid subscriber)

Trustnodes © 2017-2023. All Rights Fully Reserved. For any Enquiries contact@trustnodes.com OR ##bitcointraders on IRC, Rizon. RSS Feed

No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Markets
  • Crypto
  • Web3
  • Culture
  • Opinion
  • Politics

Trustnodes © 2017-2023. All Rights Fully Reserved. For any Enquiries contact@trustnodes.com OR ##bitcointraders on IRC, Rizon. RSS Feed

Welcome Back!

Login to your account below

Authenticate with MetaMask Loading...

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?