Sentences with phrase «blockchain development in the country»

A government - led investment association in China is reportedly establishing a funding center to foster blockchain development in the country.

However, China recently stepped things up as it sought to have its own local governing body that will directly supervise Blockchain development in the country.

A Chinese investment association has scrapped a previously reported plan to launch a funding center to boost blockchain development in the country.

The Investment Association of China (IAC) has scrapped a previously reported plan to launch a funding center to boost blockchain development in the country.

Blockchain development in the country is supported by the government: in 2016, there was an experiment on transferring records on land ownership right in the digital format.

Not exact matches

A government - affiliated organization in China has announced that, in line with the country's current «five - year plan» for economic growth, it will establish an organization to promote blockchain investment and development.

The project's stated goal is to promote blockchain development in a way that safeguards financial stability, protects consumers, and takes into account perspectives from many different countries — particularly, it would seem, from the leadership of those countries.

In another development earlier this month, the government - affiliated China Investment Association announced its plans to launch the International Blockchain Investment and Development Center to support the growth of the country's blockchain sector through investment and other development earlier this month, the government - affiliated China Investment Association announced its plans to launch the International Blockchain Investment and Development Center to support the growth of the country's blockchain sector through investment and other sBlockchain Investment and Development Center to support the growth of the country's blockchain sector through investment and other Development Center to support the growth of the country's blockchain sector through investment and other sblockchain sector through investment and other strategies.

The new platform appears due to pressure from the Chinese government to more rapid development of technology in the country to maintain global competitiveness, and as a result praise the Blockchain technology for political consultants during the biggest event of the political situation in the country in early March.

In his speech at the banking event, Jessica Chew Cheng Lian, Deputy Governor, Bank Negara Malaysia (BNM), she said that the country is using new financial technologies, including the Blockchain, for the development of banking services.

In conclusion, this new Decree on Digital Economy Development cements Belarus» status as a «crypto - country» and opens up an entire world of possibilities for IT companies specializing in blockchain and crypto - based products and solutionIn conclusion, this new Decree on Digital Economy Development cements Belarus» status as a «crypto - country» and opens up an entire world of possibilities for IT companies specializing in blockchain and crypto - based products and solutionin blockchain and crypto - based products and solutions.

The new fund marks the latest effort from Chinese government entities in taking the lead on blockchain development initiatives in the country.

The Russian government has shown consistent interest in advancing Blockchain technology development in the country for several years.

A screen capture of the group chat further shows that Xu told the staff he had also briefed the country's central bank on OKCoin's overseas expansion plan, its research on blockchain development and notably, a commitment that the firm is «prepared to donate it to the country anytime in the future.»

Currently, the China Ledger Alliance, a noncommercial organization focused on research and development of blockchain applications is the main body in the country looking at Blockchain tblockchain applications is the main body in the country looking at Blockchain tBlockchain technology.

Reports said that the Asian superpower wanted to create «standards» that will help boost the development of Blockchain tech in the country.

Local news source Malaysian Insight reported on July 5 that the United Nations Development Program (UNDP) in the country said it «is not involved and does not have any partnerships with Ecobit» - a blockchain project that claims to address environmental and carbon emissions issues and which closed an initial coin offering (ICO) just last month.

Microfinance in developing countries is a socially significant business, and we believe that the potential for Blockchain to contribute to social infrastructure development through grassroots in developing countries, as indicated by the experiment, will drive significant progress for our company.

While the Chinese government has implemented various bans around cryptocurrency trading and use in the country this year, it appears to be more open to development in Blockchain technology as a whole.

Whether it is through the investment in bitcoin and other cryptocurrencies, through the receiving of low - cost money transfers or through the development of new bitcoin and blockchain solutions, cryptocurrencies could have a much more positive impact in a country like Cameroon than in the developed world.

China's industry & IT ministry is working toward creating domestic standards to propel development and implementation of blockchain technology in the country.

Speaking in a joint session attended by members of Parliament and the country's cabinet in October, Taiwan's Financial Supervisory Commission chairman Wellington Koo ruled out an outright ban — ala China and to a certain extent South Korea — of crypto - related activity to instead foster the development and adoption of botch cryptocurrencies and blockchain technology in Taiwan.

The Ministry also said its IT and software services division will look to promote blockchain technology, fast - track the establishment of the blockchain standardization committee and back the development of the sector in the country overall.

In October, Deputy Minister of Finance Alexey Moiseev made a statement that circulation of cryptocurrencies in the country was too limited to present any serious threat, whereas their direct ban would do «no good» to the development of the blockchain technologIn October, Deputy Minister of Finance Alexey Moiseev made a statement that circulation of cryptocurrencies in the country was too limited to present any serious threat, whereas their direct ban would do «no good» to the development of the blockchain technologin the country was too limited to present any serious threat, whereas their direct ban would do «no good» to the development of the blockchain technology.

Even though details of the meeting between Putin and Buterin are kept under the seal of secrecy, one detail leaked — the president is ready to give full support for the development of Blockchain technology, what would definitely result in a much greater volume of investments coming into the country despite any restrictions and sanctions.

However, in February, Poland's Ministry of Digital Affairs issued a strategic document where it included bitcoin and blockchain alongside the Internet of Things as accelerating technologies that could foster country's development.

Six Chinese Blockchain industry associations have jointly issued a protocol to better manage and control financial risks for initial coin offering (ICO) in China, in the country's first voluntary framework to regulate the development of one of the hottest areas in financial technology.

Upon signing a new economic cooperation pact with China during a two - day visit, Yeon also discussed blockchain technology while calling for both countries to come together in the research and development of blockchain technology.

All in all, at a time when the Chinese government is pushing forward the development of the blockchain technology and industry, it's no doubt a bold effort for the taxation authorities, one of the most important departments in the country, to experiment with using blockchain technology in social tax collection and electronic invoice issuance.

The goal of this document is to facilitate the development of the blockchain industry in the country and give some sort of regulatory clues to companies planning to use this method to collect funds.

Despite the Chinese government banning all domestic cryptocurrency trading in September last year, and finalizing its full ban on foreign cryptocurrency exchanges and Initial Coin Offerings (ICO) in early February of 2018, Blockchain - based tech is still seeing widespread development in the country.

March 7 was the date set for the 2018 ASEAN Blockchain Summit in the country's capital city, unveiling Cambodia's future development plans with the help of these new technologies.

China's information and technology ministry aims to establish a standards committee to boost the development of blockchain in the country.

South Korea has doubled down on its commitment to eliminating the use of cryptocurrency in illicit financial activities, while expressed a will to foster the country's blockchain development.

The country is actively involved in the development of bitcoin and blockchain technologies.

The next step is to foster further software development, fund startups, and implement the blockchain title system in companies and countries.