China launched its own Blockchain

[ArsalMajeed 178]

I think you go news from some badource that China launched its own Blockchain platform. They are not going to do so yet. However they are.planning to develop a better ecosystem for Blockchain.

[Eminoko 15]

That is gold about this. But china does not support cryptocurrencies  why can we support their own too. I do not think thks is good. 

[Eminoko 15]

That is good. But with what I know, China has not launcher the Blockchain yet. Work still is in progress for it. 

[sams 18]

That's a good idea. I am very happy to know that this China will launch their own blockchain.

[Lubruselu 2803]

I think that's this blockchain would be used with the Chinese people themselves, because the whole world has already trusted the currently blockchain

[sohaib 273]

7 hours ago, Gmasha said:

First time china block the crypto currency. Then they realise crypto is the best earning ditch in country's. Then they decide they launched there own crypto. It is a very good news to us

Yes, it is. and all the other countries would have no other option than adopting Blockchain and crypto. Just matter of time. 

Edited February 15, 2020 by sohaib

[Banito23 216]

Everything in the world now is digitalising and for China to launch xupachain, maybe they want to have their nationally recognized crypto currency.

[avatarkiyoshi 270]

On 1/12/2020 at 11:17 AM, sohaib said:

China launched its own Blockchain called Xuperchain. What it would be like? Is it a Green signal for Crypto World or what you guys would like to say about it please?

That will bring mass interested in cryptocurrency, especially China's population is the biggest in this planet.

As far as i know China's cryptocurrency is backed by Yuan, which means is a stable coin. They plans to use half of Yuan to convert into stable coin. It's clearly China's cryptocurrency is centralized.

[sohaib 273]

9 minutes ago, SHAABAN199 said:

Hello my friend .. China wants to enter strongly into the currency market so it launched its own blockchain .. it wants to control here too and this is a good thing for us it will increase the competition here

By the way, what i heard is that; nobody controls Blockchain. so how China can ? they might can their own part but not a Global part. correct me if i am missing something about Blockchain?

[sohaib 273]

17 minutes ago, avatarkiyoshi said:

That will bring mass interested in cryptocurrency, especially China's population is the biggest in this planet.

As far as i know China's cryptocurrency is backed by Yuan, which means is a stable coin. They plans to use half of Yuan to convert into stable coin. It's clearly China's cryptocurrency is centralized.

Yes, now it is very clear and easy to understand that; it is a stable coin controlled by them.

[Iamstrong 563]

I think that they will have their own platform so it will not affect the world of cryptocurrencies in any way, they will only use it within their own country

[Balimovic 7]

Congratulations to Chinese people for their new block chain. But I don't it will work out at this hard time with coronavirus

[miskyming 1588]

I'm not excited with that news that China launched their own blockchain and also their own coin. I don't think the market will affect because of these news and their coin I'm sure it is just stable coin. Not good investment.

[Survay 23]

It is really good for all of us because it will mean that now China believe that yes crypto currencies has a future and they want to involve in it. 

[Sumayya 493]

12 hours ago, Bijoy123 said:

But when China decide to invest in something they take it very seriously and those are really great news for cryptoworld because that means that a macroeconomic country is willing to globalize anddecentralize the economy.

China are good in technology they don't play with no Innovation, they take it serious to achieve their goals.

[Ionescu 115]

On 2/1/2020 at 8:39 PM, Crypto555 said:

I never heard about this news before buts it's probably good to hear about this. Because it's good for governments to launch their own blockchains and promote the cryptocurrency area 

As long as governments are not against bitcoin and the other cryptocurrencies its alright if they create their own blockchains and coins. Because people will have to choose what they want to use and they will have multiple choices 

[Sharif000 0]

As far as I know, China has launched its own blockchain. The new, launched Baidu platform for users to create their own blockchain. And if you know more then you must let me know. Thanks

[Sohail801 4]

As China is proving itself in every sector of life. So i think this step of china is good for all over the world to learn something. I think they are supporting crypto currencies by their decision. It will grow also as china also has the highest population in the world. If they will be able to provide awareness to their people about blockchain  and it value in the future.

[Stephen kenny 0]

This is green signals for crypto currency client and this impressive achievement for crypto trader. In my judgment the china deter group is launched expected to china digital currency. I comprehend dissimilar crypto pages that china launched the accept digital currency. This is helpful indicate for crypto acceptance the entire the other world.
 

[fatima123 320]

On 1/12/2020 at 9:17 AM, sohaib said:

China launched its own Blockchain called Xuperchain. What it would be like? Is it a Green signal for Crypto World or what you guys would like to say about it please?

Xuperchain if really blockchain of China  it is really great future of crypto market after few years later because now many countries accepting this market from core of heart. 

[Saif588 84]

I think it will be a new breakthrough for China people. China people now can easily use blockchain system more easily.

[Tasnuba Rafa 7]

I don`t know nothing about this Xuperchain, but when China decide to invest in something they take it very seriously and those are really great news for cryptoworld because that means that a macroeconomic country is willing to globalize and decentralize the economy.

They will able to know about crypto more and get involve more. China is showing a new way to the world. 

 

 

[maxiway 44]

Tremendous, China evolves more and more every day, these Chinese do not play at the time of entering the world of economy, always looking for innovation, fantastic, other countries must learn from the power of China.

[Irungu 4299]

Knowing china, and how it loves to keep everything to itself, it hat to sit and look at the issue of block chain at a far and this would even make it avoid making a mistake of even entering to a place where they cannot be able to really identify what to do, they had to take control of it as early as possible, it hates control and a way anybody can enter to their market and control them or even their country ,they had to control

[Sheikh123 7]

I think the Chinese Experience Blockchain should go very fast because I know that in that case their own currency has been introduced in their own way, but I think their currency value can go up further but in that case, Chinese Express will play an important role. I think so.