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Copyright © Blockchain Council www.blockchain-council.org 1
Copyright © Blockchain Council www.blockchain-council.org
Chinese investors to launch Blockchain funding
center
Blockchain seems to be making news every day. It’s a revolutionary technology
which finds application in myriads of fields. When we are talking about the latest
development in this domain, you cannot ignore China. It is one nation that actively
works on most recent technology and develops new software which can simplify
the task. Despite China opposing cryptocurrency and banning Bitcoin and other
digital currencies, it is actively working towards improving its blockchain and digital
currency which is going to be proprietary of China.
2
Copyright © Blockchain Council www.blockchain-council.org
The objective of this development is to keep China ahead of other nations. The
country is actively supporting companies and startups which are using blockchain
or working towards the development of the blockchain –based platform.
3
Copyright © Blockchain Council www.blockchain-council.org
Why there is so much hype about Blockchain?
Before getting to understand what is China doing in this domain, it is essential to
know why there is so much hype about blockchain. The reason is simple, and it’s
a technology which bridges the gaps created by the current technology.The
blockchain is a digital ledger wherein all the information is spread across the entire
network, and hence we name it as Distributed Ledger Technology or DLT. All the
transaction or information exchange taking place on this platform is time-stamped.
It makes all the information easily trackable and traceable
4
Copyright © Blockchain Council www.blockchain-council.org
. It creates a transparent system which makes it easy for everyone to notice what
is happening within the system. Moreover, all the information is encrypted
cryptographically which makes hacking of data even more difficult.
Furthermore, the multifaceted features and use of blockchain again makes it an
inevitable technology for the future. Any government or company if has command
over such a robust technology which have a firm hold on the world economy and
will change the course of business operations. This is the reason that nation like
China is heavily investing in promoting the use of this technology.
5
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We have seen the surge of many new companies that are proposing various uses
of the blockchain. For example, today we have companies that are offering
decentralised Content Driven Solutions, some are providing a decentralised
platform for healthcare, companies are working today creation of a decentralised
platform for recruitment, donation and much more. With such a vast area of
applications, Blockchain holds a secure future. Undeniably many nations are
investing in this technology to make it even better. Since blockchain is just a
decade old technology, and hence, this technology is at a very nascent stage. It
needs a lot of improvisation, at both technical and application aspect.
6
Copyright © Blockchain Council www.blockchain-council.org
What is China doing in this field?
China is in the league of those nations who are actively working towards exploring
new uses of the blockchain. We have already heard about Chinese companies
coming up with a decentralized content delivery system which is going to be a big
challenge to YouTube. But the story doesn’t end here, and there is much more to
it. A government-aided investment association is coming up with a funding center
which aims at promoting blockchain development.
7
Copyright © Blockchain Council www.blockchain-council.org
Global Blockchain Investment and Development Center (GBIDC), led by the
Investment Association of China (IAC) will be working in this direction. IAC is a
social organisation that assists major domestic investment projects and has
attracted foreign capital.
On April 9, this year to promote Chinese blockchain startups, the Xiong A Global
Blockchain Innovation Fund launched $1.6 billion (10 billion yuan) project. The
Hangzhou Blockchain Industrial Park in China will work as an incubation center to
promote and aid the blockchain startups. It is based in Hangzhou city which is one
of the largest tech hubs in China and the abode of Alibaba.
8
Copyright © Blockchain Council www.blockchain-council.org
Xu Xiaoping is one of the leading angel investors in China is also the founder of
Zhen Fund which is a venture capital company. This company has invested in
blockchain projects like Lino and Stream. Another such firm, Lo Xiaoli who is a
prominent Bitcoin investor will be managing the funding part of this funding center.
9
Copyright © Blockchain Council www.blockchain-council.org
What is the objective of this new funding center?
This new funding center will work under the IAC’s Foreign Investment Committee.
It will look for collaboration with foreign companies for blockchain projects and will
also aid the domestic initiatives. This funding center will work beyond providing
financial assistance, and it will also provide consulting services to an institution
which are looking forward to investing in blockchain initiatives.
10
Copyright © Blockchain Council www.blockchain-council.org
IAC was established in 2001, and since then it is working in close association with
China’s National Development and Reform Commission which is a primary
government agency. This agency looks at the economic and investment reforms in
China.
Since IAC promotes the funding center GBIDC, it reflects the interest and
inclination of China towards the promotion of blockchain related activities.
Learn more about Blockchain
11
Copyright © Blockchain Council www.blockchain-council.org
The Way Ahead-
It's good to see that blockchain has emerged as a promising technology which is
going to reform the course of industries. If a nation is working towards the
development of this technology, then we can decipher the fact that it holds the
potential to influence the economy massively. Countries like China which have a
significant impact on the world economy, it is concentrating on developing
blockchain and has established a separate division which will only work towards
development and promotion of blockchain, will soon reap the benefit of first-mover
advantage.
12
Copyright © Blockchain Council www.blockchain-council.org
Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Expertv2
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
13
THANK YOU!
Any questions?
You can mail us at
hello@blockchain-council.org
Copyright © Blockchain Council www.blockchain-council.org 14

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Chinese investors to launch $1.6B Blockchain funding center

  • 1. Copyright © Blockchain Council www.blockchain-council.org 1
  • 2. Copyright © Blockchain Council www.blockchain-council.org Chinese investors to launch Blockchain funding center Blockchain seems to be making news every day. It’s a revolutionary technology which finds application in myriads of fields. When we are talking about the latest development in this domain, you cannot ignore China. It is one nation that actively works on most recent technology and develops new software which can simplify the task. Despite China opposing cryptocurrency and banning Bitcoin and other digital currencies, it is actively working towards improving its blockchain and digital currency which is going to be proprietary of China. 2
  • 3. Copyright © Blockchain Council www.blockchain-council.org The objective of this development is to keep China ahead of other nations. The country is actively supporting companies and startups which are using blockchain or working towards the development of the blockchain –based platform. 3
  • 4. Copyright © Blockchain Council www.blockchain-council.org Why there is so much hype about Blockchain? Before getting to understand what is China doing in this domain, it is essential to know why there is so much hype about blockchain. The reason is simple, and it’s a technology which bridges the gaps created by the current technology.The blockchain is a digital ledger wherein all the information is spread across the entire network, and hence we name it as Distributed Ledger Technology or DLT. All the transaction or information exchange taking place on this platform is time-stamped. It makes all the information easily trackable and traceable 4
  • 5. Copyright © Blockchain Council www.blockchain-council.org . It creates a transparent system which makes it easy for everyone to notice what is happening within the system. Moreover, all the information is encrypted cryptographically which makes hacking of data even more difficult. Furthermore, the multifaceted features and use of blockchain again makes it an inevitable technology for the future. Any government or company if has command over such a robust technology which have a firm hold on the world economy and will change the course of business operations. This is the reason that nation like China is heavily investing in promoting the use of this technology. 5
  • 6. Copyright © Blockchain Council www.blockchain-council.org We have seen the surge of many new companies that are proposing various uses of the blockchain. For example, today we have companies that are offering decentralised Content Driven Solutions, some are providing a decentralised platform for healthcare, companies are working today creation of a decentralised platform for recruitment, donation and much more. With such a vast area of applications, Blockchain holds a secure future. Undeniably many nations are investing in this technology to make it even better. Since blockchain is just a decade old technology, and hence, this technology is at a very nascent stage. It needs a lot of improvisation, at both technical and application aspect. 6
  • 7. Copyright © Blockchain Council www.blockchain-council.org What is China doing in this field? China is in the league of those nations who are actively working towards exploring new uses of the blockchain. We have already heard about Chinese companies coming up with a decentralized content delivery system which is going to be a big challenge to YouTube. But the story doesn’t end here, and there is much more to it. A government-aided investment association is coming up with a funding center which aims at promoting blockchain development. 7
  • 8. Copyright © Blockchain Council www.blockchain-council.org Global Blockchain Investment and Development Center (GBIDC), led by the Investment Association of China (IAC) will be working in this direction. IAC is a social organisation that assists major domestic investment projects and has attracted foreign capital. On April 9, this year to promote Chinese blockchain startups, the Xiong A Global Blockchain Innovation Fund launched $1.6 billion (10 billion yuan) project. The Hangzhou Blockchain Industrial Park in China will work as an incubation center to promote and aid the blockchain startups. It is based in Hangzhou city which is one of the largest tech hubs in China and the abode of Alibaba. 8
  • 9. Copyright © Blockchain Council www.blockchain-council.org Xu Xiaoping is one of the leading angel investors in China is also the founder of Zhen Fund which is a venture capital company. This company has invested in blockchain projects like Lino and Stream. Another such firm, Lo Xiaoli who is a prominent Bitcoin investor will be managing the funding part of this funding center. 9
  • 10. Copyright © Blockchain Council www.blockchain-council.org What is the objective of this new funding center? This new funding center will work under the IAC’s Foreign Investment Committee. It will look for collaboration with foreign companies for blockchain projects and will also aid the domestic initiatives. This funding center will work beyond providing financial assistance, and it will also provide consulting services to an institution which are looking forward to investing in blockchain initiatives. 10
  • 11. Copyright © Blockchain Council www.blockchain-council.org IAC was established in 2001, and since then it is working in close association with China’s National Development and Reform Commission which is a primary government agency. This agency looks at the economic and investment reforms in China. Since IAC promotes the funding center GBIDC, it reflects the interest and inclination of China towards the promotion of blockchain related activities. Learn more about Blockchain 11
  • 12. Copyright © Blockchain Council www.blockchain-council.org The Way Ahead- It's good to see that blockchain has emerged as a promising technology which is going to reform the course of industries. If a nation is working towards the development of this technology, then we can decipher the fact that it holds the potential to influence the economy massively. Countries like China which have a significant impact on the world economy, it is concentrating on developing blockchain and has established a separate division which will only work towards development and promotion of blockchain, will soon reap the benefit of first-mover advantage. 12
  • 13. Copyright © Blockchain Council www.blockchain-council.org Blockchain Council Certifications You can check out our certifications, and kick start your career in the Blockchain space today. ● Certified Blockchain Expert ● Certified Blockchain Expertv2 ● Certified Blockchain Developer ● Certified Smart Contract Developer ● Certified Solidity Developer ● Certified Ethereum Developer 13
  • 14. THANK YOU! Any questions? You can mail us at hello@blockchain-council.org Copyright © Blockchain Council www.blockchain-council.org 14