Crypto News

Huobi will the development of the blockchain in China

The largest digital asset exchange Huobi has been included in Chinese blockchain Alliance Network blockchain services (BSN). The information was announced during a conference on technology development in the country.

The organizer of the BSN is the State information center of China (SIC), working with the support of the government. The aim of the project was to unite professionals and companies, using possibilities of blockchain technology, as well as representatives of the market, engaged in research work in this direction.

Huobi was not the only company to be included in BSN. Together with experts exchange on development of blockchain technology in the country will also work: payment system China UnionPay, operators China Mobile and China Telecom, and two financial institutions – China Merchants Bank International and WeBank.

According to the CEO of Huobi China Uminga of the Yuan, the participation of the exchange in BSN will form the basis for further training of specialists of the PRC the capabilities of blockchain technology.

We will remind, about the choice of China blockchain of course it became known in late October. At the moment, China is busy developing its own cryptocurrency. According to the latest data, the digital asset may be released during the year. Representatives of the Chinese Central Bank intend
ahead of the release of Libra stablon team Facebook. Also, at the state level refused
from the persecution of miners, excluding cryptogamic from the list of potentially dangerous industries.


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