China Sees New Blockchain Innovation Alliance, With Huawei and Alibaba as Members

Over 100 well-known global enterprises joined China’s new blockchain innovation alliance in megacity Chongqing. China has welcomed its first provincial-level Blockchain Innovation Alliance on April 14, according to ChinaNews.  Major enterprises settles  More than 100 well-known enterprises, both domestic and foreign, have joined the alliance. Members include Inspur, Tsinghua Unigroup, Huawei, IBM, Tencent, Alibaba and […]

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Chinese Public Blockchain Index Ranks Bitcoin 14th While EOS Tops List

Bitcoin ranks 14th on the latest blockchain project index released by China’s Center for Information and Industry Development. The Blockchain Research Institute headed by China’s Center for Information and Industry Development (CCID) released its 17th Global Public Chain Technology Evaluation Index on April 10. The index ranks 37 of the most widely used public blockchains […]

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South Korea’s Largest Crypto Unveils New Consensus Algorithm

ICON unveils a new consensus algorithm which improves scalability and network bandwidth without sacrificing security. South Korea’s largest public blockchain project, ICON (ICX), announced its new Loop Fault Tolerance 2.0 (LFT 2.0) consensus algorithm on April 8. The new algorithm claims to make performance improvements in scalability and network bandwidth over the popular Practical Byzantine […]

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