Search Results for: Baidu

Baidu's Enterprise Blockchain Network Initiates Service for Developers and SMEs to Build Dapps

According to a Chinese media report, the reputed internet giant Baidu launched a blockchain-based service to aid developers as well as small to medium enterprises (SMEs) wanting to set up decentralized applications. The name of this new service roughly translates to ‘Open Network’ and will give access to users to develop and utilize applications without the need … Continue reading Baidu's Enterprise Blockchain Network Initiates Service for Developers and SMEs to Build Dapps

Baidu Trends: Bitcoin Searches Skyrocket Amid Social Distancing and Working From Home Approaches

As the world grapples with the menace of coronavirus (Covid-19), amicable practices have been necessitated as tough times call for tough measures. According to Baidu, a Chinese multinational technology company offering internet-related services, Bitcoin searches have shot up by 183% in the last month. This trend can be linked to the fact that many countries … Continue reading Baidu Trends: Bitcoin Searches Skyrocket Amid Social Distancing and Working From Home Approaches

Tencent, Huawei, and Baidu Executives to Join China’s New National Blockchain Committee to Set Industrial Standards

The Chinese central government has put together a national blockchain committee to work on setting industrial standards. The Ministry of Industry and Information Technology (MIIT) issued a notice on April 13 of the “Public Notice on the Formation of a National Blockchain and Distributed Ledger Technology Standardization Technical Committee.” The committee would be made up … Continue reading Tencent, Huawei, and Baidu Executives to Join China’s New National Blockchain Committee to Set Industrial Standards

Baidu's Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie

Baidu, a prominent Chinese technology firm, experienced a significant decrease in its stock value following reports of its AI chatbot, Ernie Bot, being tested by a laboratory affiliated with the Chinese military. This situation has raised concerns among investors about potential geopolitical ramifications and the complexities that Chinese AI companies face in balancing innovation with … Continue reading Baidu's Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie

Crypto.com Partners with Leading Tax Providers to Simplify Reporting Process

Crypto.com, a pioneering payment and cryptocurrency platform, has partnered with three reputable tax providers–Token Tax, CryptoTrader Tax, and CoinTracker for simplified tax reporting with the click of a button. This decision was made following requests by the Crypto.com community to be tax compliant. Crypto adoption escalates Cryptocurrencies are continuously being embraced across the globe based … Continue reading Crypto.com Partners with Leading Tax Providers to Simplify Reporting Process

Bitcoin Online Courses Skyrocket by 300% in The Wake of Coronavirus

Many people are enrolling for cryptocurrency and Bitcoin online courses as COVID-19 has necessitated measures like quarantines, social distancing, and lockdowns. As the world continues grappling with this infectious disease, people have been made to change their daily lifestyles and settle for alternatives like the online space for knowledge acquisition.  Bitcoin courses fill the void … Continue reading Bitcoin Online Courses Skyrocket by 300% in The Wake of Coronavirus

First Chinese State-Backed Blockchain Firm "Tainted" the Nation's Image Due to the Export of Faulty COVID-19 Medical Supplies

Tus Data Asset, a blockchain firm based in Beijing, has been banned by the Chinese government from exporting medical supplies to other countries during the coronavirus pandemic.  As the first blockchain technology-based firm backed by the state capital, the company has been accused of tainting the nation’s image by selling poor-quality products. Controlled by the … Continue reading First Chinese State-Backed Blockchain Firm "Tainted" the Nation's Image Due to the Export of Faulty COVID-19 Medical Supplies

Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector

One of China’s major banks, the Industrial and Commercial Bank of China (ICBC), has released its white paper on blockchain-based applications in the financial sector. The document is the first white paper related to blockchain technology in the financial industry. The paper also highlights the present challenges faced by the banking sector. ICBC has previously … Continue reading Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector

WeBank Blockchain Patents Filings Rank Third Highest Globally for 2019

China’s WeBank is leading the global banking community in banking technology patents jumping ahead of US giants JP Morgan Chase and Bank of America with 632 filed patents in 2019. The majority of patents filed by WeBank focused on ABCD technologies (AI, Blockchain, Cloud, Computing, Big Data). According to a release on 24 April, WeBank also … Continue reading WeBank Blockchain Patents Filings Rank Third Highest Globally for 2019

China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

China’s Blockchain Services Network (BSN), ChinaChain has been opened for commercial use after six months of internal testing. As large gatherings are banned during the coronavirus pandemic, a virtual press conference was held on Saturday in Beijing for the unveiling of the BSN project.  Blockchain.News previously reported that the Chinese government’s State Information Center revealed … Continue reading China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

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