Cryptocurrency, ecommerce

China: Guangdong Province to Use Blockchain-Based Electronic Tax Invoices for E-Commerce

(Source: CoinTelegraph) The Guangdong Municipal Taxation Bureau will implement an electronic invoice platform based on blockchain for the e-commerce industry, local Chinese news outlet Southern News Network reported on Feb. 18. Guangdong Province, one the most populated region in China, has opened the first blockchain electronic invoice service for customers and merchants, planning to extend their experience to the large-scale… Continue reading China: Guangdong Province to Use Blockchain-Based Electronic Tax Invoices for E-Commerce

News

Ofo: Sharing economy rides into bumpy future

(Source: People's Daily) Thousands of angry users of bike-sharing giant Ofo have been lining up at its Beijing headquarters over the past few days to seek refunds for deposits paid, as the company faces accusations from netizens and the media that it is dragging its feet on the paybacks. Once touted as a symbol of… Continue reading Ofo: Sharing economy rides into bumpy future

Blockchain, News

‘New Retail’ experience set to boost cross-border trade

Chinese companies can leverage their expertise in merging online and offline commerce to prompt cross-border trade in economies related to the Belt and Road Initiative, according to industry experts. The combination of big data, blockchain technologies and local supply chains will result in a so-called "New Retail" world in which products are designed based on… Continue reading ‘New Retail’ experience set to boost cross-border trade