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/biz/ - Business & Finance

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21396197 No.21396197 [Reply] [Original]

What do biz think about China’s attempt to be a global blockchain leader?

https://finance.yahoo.com/news/china-blockchain-infrastructure-extend-global-140521308.html

>> No.21396206

I think my NEO stack has loved it

>> No.21396213

ask >>>/pol/

>> No.21396216

China’s state-backed Blockchain-based Service Network (BSN) has integrated with six public chains including Tezos, NEO, Nervos, EOS, IRISnet and Ethereum.

Developers on these six blockchains will be able to build dapps and run nodes using data storage and bandwidth from BSN’s overseas data centers starting Aug 10.

This is part of China’s plan to be the one and only infrastructure provider for blockchain firms around the world.

Global users will have access to China’s enterprise chains and financial data via the network’s cross-chain structure and partnership with China UnionPay.

>> No.21396220

gonna be needing plenty of api calls to legacy data with that type of customer volume....

>> No.21396226

>>21396197
It's not going to work because the CCP can't fathom something they can't directly track and control.

>> No.21396246

>>21396197

I think as long as my bags get pumped the fuck out of then the yellow bug people are okay with me

>> No.21396249

>>21396226
they don't have a choice much like the soviets could have probably done without the space race

>> No.21396272

>>21396197
I think America needs to step the fuck up and get on that and AI too. China isn't fucking around here they will be a global leader in AI by 2030 too.

>> No.21396283

>>21396246
Bags full of...?

>> No.21396309

>>21396283
LINK and NEO of course

>> No.21396339

>>21396309
Why NEO? Never heard of anything done on it

>> No.21396344

>>21396220
if only there was a system feeding this type of data connecting legacy systems to blockchain

>> No.21396376

>>21396339
mate

>> No.21396408

>>21396197
US Bans crypto EOY. Any US linkies declared terrorists.

>> No.21396428

>>21396408
that'd be a real easy way to lose an economic war

>> No.21396630
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21396630

>>21396197
Pic related. I welcome my fellow link marines.

>> No.21396642

>>21396630
don’t forget Tezos

>> No.21396673

Pls sirs I bought neo at $60

>> No.21396801

>>21396673
This fun loving south east asian is playing the long game with savvy purchase that may just pop a few eyebrows. Let's watch together.

>> No.21396909
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21396909

>>21396197
Pretty comfy actually, because blockchain principles are against CCP principles, so either they fake the whole thing missing the point, or the CCP burn to the ground.

>Decentralisation => Personal freedom => Anti tampering of data
vs
>Centralised unique party => Credit score and censorship => Data filtering and manipulation

It is like betting on Tron against Ethereum, just full of ignorance, idiocracy, greed, or a mix of the three.

>> No.21397478

>>21396339
Interwork Alliance, BSN Integration. NEO 3.0 in Q4
Huge sleeper gem.