Blockchain
China’s National Council for Social Security Funds to Start Adopting Blockchain
| Phenny Lynn Palec | | Sep 07, 2016 11:28 AM EDT |
China's National Council for Social Security Funds has announced that it is adopting the blockchain technology, a type of secure distributed database propagated by online digital currency Bitcoin.
Banks Are Not Yet Ready to Embrace Bitcoin Blockchain Technology
| Phenny Lynn Palec | | Jun 30, 2016 06:59 AM EDT |
BTCC, one of the very first Bitcoin exchanges in China, recently doused the growing interest of banks to adopt the blockchain technology integrated with the digital currency system. While China is slowly easing up its regulations regarding digital cryptocurrencies, tech and financial experts agree that blockchain has no significant application in financial institutions.
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