Blockchain is neither a new monster in the zoo, nor a trend that will deflate before we know it. It is a serious technological development that will revolutionize so many sectors, provided governments and entrepreneurs invest in it now, before it becomes a reality that imposes itself when the others will have already reaped the benefit of having been pioneers. And that reality will dawn on everyone soon- probably sooner than we think.
https://www.entrepreneur.com/article/313730
The crypto ban aside, Chinese companies are investing in blockchain projects. Private investors aren’t the only ones in the party as the government is also getting in on the act. In April, the city of Hangzhou announced plans to host a
$1.6 billion fund to assist the development of useful blockchain solutions. It is reportedly the largest blockchain investment fund in the world.
https://www.entrepreneur.com/article/313730
After strong growth in China’s blockchain industry last year, 2018 is set to be another blockbuster year for the industry with record amount of capital to be injected into companies in the space,
according to China’s Ministry of Industry and Information Technology (CCID).
https://coinjournal.net/chinese-ministry-expects-2018-to-be-another-blockbuster-year-for-blockchain/
Japan’s biggest bank has codeveloped a new blockchain, or distributed financial ledger, to boost the speed and lower the cost of payments.
http://fortune.com/2018/05/21/bank-japan-mitsubishi-blockchain-akamai/
Addressing a Senate Estimates committee on Monday night, DTA chief digital officer Peter Alexander revealed that PM Turnbull directly told the agency to explore blockchain applications after interest in the technology from other agencies and vendors, Australian publication
ITNews reported.
https://www.ccn.com/australian-pm-turnbull-tells-government-agency-to-study-blockchain/
