Tag: shanghai

Jul 15 2022

Shanghai Targets $52 Billion Metaverse Tech Economy By 2025

By 2025, the Shanghai City Government intends to intensify its efforts to establish a metaverse industry. The metaverse is evolving as a technology that is garnering the attention of the world's leading nations and cities. Shanghai, the most populous city in China, has released a paper outlining its intention to become a major center for metaverse activity. Suggested Reading |...

May 04 2022

Lockdown Memories: Shanghai Locals Turn To NFT To Immortalize COVID-19 Ordeals

May 04 2022 Published at Bitcoinist.com under tags  china crypto news nft opensea shanghai

Shanghai residents are using the blockchain to record and preserve memories of their city's month-long COVID-19 lockdown, minting movies, images, and artwork as non-fungible Tokens (NTFs) that may be shared and recalled. Shanghai Residents Adopt NFTs To Store Memories Residents of Shanghai, China's largest city with a population of more than 25 million people, are coming up with new ways to express their...

Apr 11 2022

The Shanghai Tragedy Reminds Us Why China Banned Bitcoin

Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike. While countries under regimes are waking up to the idea of using Bitcoin as a tool for freedom, authoritarian governments that have banned all crypto activity show the true reason why they need to...

Jan 19 2021

Conflux Receives $5M Investment Fund From Shanghai Government

The People's Republic of China (PRC), though not a fan of cryptocurrencies, has shown major interest in its underlying technology - blockchain. In line with this, the government of one of China's major mainland cities, Shanghai, has invested $5 million in Conflux. Conflux is a Beijing-based blockchain startup company. The funding makes Conflux the first-ever public blockchain platform to be supported by the...

Jan 12 2021

Shanghai Government Invests $5M in Blockchain Startup Conflux

The Shanghai government has invested over $5M in public permissionless blockchain startup Conflux while putting the project in the list of 57 companies that focus on emerging technologies such as 5G and aerospace.

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