Category Archives: China

Asia Is Ripe for the Next Fintech Revolution

Asia Fintech

In 2015, value interests in Asian funding upheld fintech new companies more than quadrupled from $1.1 billion in 2014 to $4.7 billion, surpassing Europe’s $1.5 billion and drawing closer North America’s $8.1 billion, as per a review by KPMG International and CB Insights. In the primary portion of this current year, fintech interests in Asia came to $3.42 billion, surpassing […]

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Ecommerce Pushes China to Be the World’s Largest Retail Market

Bitcoin China

New information originating from eMarketer’s most recent overall retail gauge demonstrates that this year, China will figure out how to surpass the US and turn into the world’s biggest retail market, with offers of over $4.886 trillion, contrasted with the normal whole of $4.823 trillion in the US. Because of Asia’s developing number of online customers, reports demonstrate that this […]

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OKCoin Assures Bitcoin Is Safe Despite the Bitfinex Hack

OKCoin

An official from the world’s biggest bitcoin trade OKCoin pushed that the computerized coin was still a “sound” instrument, in spite of the late hacking of Bitfinex, a Hong Kong-based trade stage. “The bitcoin innovation is still sheltered,” said Jack Liu, boss system officer at China’s OKCoin. “It’s sort of like when you catch wind of clients having their credit […]

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Bitspark Initiates Startup Program, Enters Malaysian Market

Bitspark

Bitspark, a bitcoin settlement startup headquartered in Hong Kong, has consented to a Master Arrangement with Vitaxel Group to enter the Malaysian business sector. The association will empower clients in Malaysia to get to Bitspark’s full administrations at nearby cash exchange outlets and give a choice to people to use portable installments. The organization with Vitaxel will permit the startup […]

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Bitfinex Reacts from the 72 Million Dollar Hack

Bitfinex

Hong Kong-based crypto-money trade Bitfinex, from which programmers stole about US$72 million worth of bitcoin this week, said on Friday that it anticipated that would “mingle” the misfortunes among bitcoin equalizations. The trade, which is known for its liquidity in the U.S. dollar/bitcoin coin pair, did not clarify what that would involve. In dollar terms, the burglary of the 119,756 […]

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Bank Alternatives Come to Life with Decreasing Relevance of Banking

Bank Alternatives

British multinational expert administrations firm, Ernst and Young (EY), as of late distributed its Bank Relevance Index (BRI). The information indicates how banks’ “diminishing pertinence has shoppers straying to bank alternatives.”The BRI investigates how clients use banks, and how they need to utilize banks later on. It checks current bank parts, buyer trust in banks, and whether they would consider non-bank […]

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DinarDirham Takes a Next Big Step in Industry Experience

Dinar Dirham

It’s time to talk about two key developments of DinarDirham. Those are the smart contract system GoldSmartContracts, and DinarCoin – a crypto token and a digital currency, built on top of Ethereum Blockchain. In addition to all the basic qualities of a digital currency: anonymity, decentralization, open-source availability, liquidity, DinarCoin has one unique and innovative feature: its value is pegged […]

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DinarDirham: Where Gold Meets Blockchain

DinarDirham

In July, a FinTech company DinarDirham based in Hong Kong and soon opening an office in Singapore and Dubai, is going to launch an innovative solution based on blockchain in gold industry. DinarDirham will launch its own decentralized wallet with an in-built exchange supporting not only popular digital currencies such as Bitcoin and Ether, but also the company’s own digital […]

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