Blockchain, Fintech

Eight Roads Ventures announces new technology investment fund

According to news report of China Daily, Eight Roads Ventures, the proprietary investment arm of Fidelity International Ltd, announced the launch of its dedicated technology fund for China on Tuesday. With a size of $275 million, the fund will invest in companies based in China and cross-border deals, mainly focusing on enterprise technology, fintech and… Continue reading Eight Roads Ventures announces new technology investment fund

Big data, Blockchain, News, Smart City

Guiyang to host annual China Big Data International Expo

Well known for its beautiful hills and waterfalls scenery, ethnic Miao minority people’s dancing and singing performances as well as ethnic cuisine, Southwest China's Guizhou province has been a favorite tourist destination for decades, but there is more now. In last five years, Guizhou province has become China's capital of big data, there are over… Continue reading Guiyang to host annual China Big Data International Expo

Bitcoin, Cryptocurrency

China still a player in bitcoin mining & trading

We are in constant contact with China's bitcoin mining and cryptocurrency trading and it is very important to note that China is still very active. The government has come out and banned all bitcoin mining and trading of cryptocurrency due to high number of business scams such as fake ICOs or exaggerated business teams. However,… Continue reading China still a player in bitcoin mining & trading

Blockchain, News

Chinese City Shenzhen announces $79.2M Blockchain Fund

Shenzhen, the 2nd largest city in Guangdong Province China, home to tech giants including Tencent, Huawei and ZTE, has launched its first blockchain venture capital fund worth of US$79.2 million, announced at a blockchain expo in the city. Shenzhen Angel Capital Guiding Fund, a Shenzhen government-backed early stage government guidance fund, will provide 40% of… Continue reading Chinese City Shenzhen announces $79.2M Blockchain Fund

Bitcoin, Blockchain, Cryptocurrency

Thailand to impose 15% tax on capital gains

The Ministry  of Finance in Thailand said a draft bill had been passed by the Council of State and it moves one step to enacting taxes on cryptocurrencies. The draft bill by the government proposes a withholding tax of 15% on capital gains. The proposed regulations are aimed at protecting investors who otherwise may fall… Continue reading Thailand to impose 15% tax on capital gains

Blockchain, Events, News

Technology makes big splash at Xi’an marathon

(Source: China Daily) Technology was introduced to this year's Xi'an City Wall International Marathon, an annual State-level mass sports activity, giving the event even greater appeal. The race, established in 1993, started Saturday morning on the 600-year-old city wall with a 13.74-kilometer run around the central part of Xi'an, the capital of Shaanxi province. The… Continue reading Technology makes big splash at Xi’an marathon