China’s Nationwide Blockchain Network BSN Will Launch in April 2020

Founded by government-run entities, China’s nationwide blockchain network will launch in April 2020, following a six-month beta testing period. China’s nationwide blockchain network, the Blockchain-based Ser­vice Net­work (BSN), will launch in April 2020, six months after it was rolled out for testing. Backed by Chinese government policy think tank the State In­for­ma­tion Cen­ter (SIC), the […]

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China Is Opening Doors to Blockchain — Private and Public

Chinese President Xi publicly supports blockchain development in the country. The first blockchain industrial park was opened in Shanghai’s Baoshan District in November 2016 with the goal of not only developing blockchain technology for government-related work, but also for connecting the technology with finance, insurance, real estate, intellectual property and other industries. Shortly after the […]

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Chinese Courts Increasingly Use Blockchain Technology To Settle Cases

China’s smart internet courts have reportedly applied blockchain and artificial intelligence to decide on millions of legal actions. China’s smart courts are reportedly applying a variety of innovative technologies including blockchain and artificial intelligence (AI) to decide on millions of legal cases. On Dec. 5, China’s official Xinhua news agency reported that more than 3.1 […]

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Chinese Forex Regulator SAFE Expands Blockchain Cross-Border Pilot

Chinese regulator State Administration of Foreign Exchange expanded its blockchain cross-border financing pilot program. Chinese regulator State Administration of Foreign Exchange (SAFE) expanded its blockchain cross-border financing pilot program. Local news outlet GlobalTimes reported on Nov. 11 that the system now covers 19 provinces and cities, up from nine. The development is unsurprising given that […]

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China’s Cyberspace Watchdog Approves 309 More Blockchain Services

The Cyberspace Administration of China adds 309 more companies to its list of registered blockchain service providers. The Cyberspace Administration of China, the country’s central Internet regulator, censor, oversight and control agency, has published its second list of registered blockchain service providers. The new batch comprises 309 companies that are representatives of various industries, including […]

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