RATE Group | Private, State-run Firms Debut Blockchain Platforms + More News
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Private, State-run Firms Debut Blockchain Platforms + More News

09 Jan Private, State-run Firms Debut Blockchain Platforms + More News

Posted at 03:28h in Cryptocurrency News by

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China: Private, State-run Firms Debut Blockchain Platforms + More News 101
Source: iStock/manjik

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Blockchain news

  • Alibaba subsidiary and AliPay operator Ant Financial has announced that its enterprise blockchain platform will move out of beta testing and go live in February. Per a report published by Bihal23, Guofei Jiang, Ant Financial’s vice president, has stated that the new platform will allow small firms and micro-enterprises develop blockchain-powered applications at a low cost.
  • And on a similar note, state-owned telecoms and banking firms in China will launch a blockchain network that will allow smaller companies to develop and deploy a range of blockchain apps. China Mobile and China UnionPay are named as the key participants in the project, which is set to launch in April this year, per Sina. The developers say that companies using their platform could be set to save…

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