RE:Chinese Economic Daily Discusses Block Chain bluesteele wrote: Edp007 wrote:
"Here is the english translation: China's block chain industry is expected to walk in the forefront of the world 2017-09-05 07:30 Source: Economic Daily [Font: Da Zhong small ] Print sum excerpts : the Ministry of Industry directly under the China Electronic Information Industry Development Research Institute in conjunction with Beijing Tiande Technology Co., Ltd. initiated the establishment of the CCID (Qingdao) block chain research institute settled in Qingdao. China's thousands of people plan experts, Beihang digital technology and block chain laboratory director Cai Weide become the project chief scientist. He believes that China's block chain industry is expected to walk in the forefront of the world .... "Cai Weide told reporters," the application of the larger scene, the richer, block chain technology and industry development will be faster.China has the world On the largest Internet application market, so the block chain industry has to go in the forefront of the world's many favorable conditions. "...... Currently, block chains have been applied in multiple areas. August 28, the first block of domestic chain power business "media purchase" available, this is the world's first block of chain power business; August 17, "Baidu Chang'an new days wind 2017 the first phase of asset support Special plan "approved by the Shanghai Stock Exchange, Baidu Financial as its technical service providers to build a block chain service side BaaS; Not long ago, the letter love the United States love the rescue account using the ant gold chain technology, with the algorithm and technology architecture to solve a number of weak Trust the trust between institutions, build a trust mechanism. Cai Weide that the application of the scene diversity, is the rapid development of block chain technology, the biggest driving force. "Traditional block chain technology is slow, such as bit 1 second can only do 3 transactions, the Shanghai Stock Exchange trading volume of tens of thousands of penis per second"
That last part “penis per second” Lol