China launched its own Blockchain

[Sona moni 1]

I think this is green signals for crypto currency user and this great achievement for crypto trader. In my opinion the china block chain is launched due to china digital currency. I read different crypto pages that china launched the own digital currency. 

[Mercello Blyat 21]

Founded by government-run entities, China's nationwide blockchain network will launch in April 2020, following a six-month beta testing period. China's nationwide blockchain network, the Blockchain-based Service Network (BSN), will launch in April 2020, six months after it was rolled out for testing.

[Mcd0d0 5882]

Well, they are just creating their own cryptocurrency coin to be compete from bitcoin and this is why they are not allowing bitcoin in some areas from china.

[raja786 8]

its a good news for crypto traders if China launched its xuperchain.it will give boost to crypto currency.I hope for the best

[Ayush Singh 1175]

In today's world China is developing rapidly it's a normal thing for them to developing their own blockchain technology and for any country developing their own blockchain technology is very much useful and also beneficial for such countries it depends upon the users that they will prefer it or not.

[duncun007 3577]

i think china will not be into making a blockchain of their own now but they would just test the market and see how it goes but in the future we will definitely see china dominating this field.

[Trader21 1199]

Chinese guys are always one step ahead of Russia and USA. So these guys are totally brilliant jog doers, I really want to see they will be succeeded.

[Mwangi 5611]

Yes china had to , china likes getting its everything ahead, it does not like control , it does not love surprises but it keeps everything well organized, I love it, so am sure its trying to lock in any future crazy and mad cases that may arise from doing the right thing we have to really know what to do , there is a lot of effort to this effort 

[fo1lluko1l 487]

Personally, I believe that China makes its cryptocurrency only to make total control over its population, Youtube is not there to see, now the government wants to fully know about the money of its citizens.

[andrehol 16294]

Based on Xuperchain, developers, as well as organizations, can create applications, templates for smart contracts. This is a ready-made platform, access to which will be provided for a small fee. Placement of the application on the network is possible for one Chinese yuan (about 0.14 dollars). This project is implemented without the participation of the Chinese government and is a product of Baidu.

[Abiaan 1209]

if the china is launching the new crypto there is the possibility of having good market on it , china is the biggest market on the field of cryptoworld and is so forward on it 

[Syedbesharat 5423]

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?

After taking down many of exchange by force fully they have introduced their own  crypto exchange which is under their control.This exchange future is bright but they people who have previously can not go fully on this exchange .They know the government is monitoring them and called them for inquiry any time.Not good for crypto future in china.

[khan188 536]

Well, This is a great and positive news for crypto currencies. As more countries are stepping in the value of the crypto will be getting higheir. I hope other countries will be also moving towards crypto. 

[rekter 8129]

On 1/12/2020 at 6:17 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?

Definitely not, this currency is against the whole crypto ethos. The chain is going to be compliant with Chinese government and there's not going to be anything free about it.

 

Only good thing it does is it brings more people to real cryptos as they will see the superiority of them.

[Jmax555 6]

On 1/12/2020 at 12:19 PM, mdmusa said:

China's xuperchain blockchain will go a long way I think. With their own blockchain, their own coins will be faster. China's xuperchain will make the crypto market more popular and powerful

Yeah i'm also think same of you.because, china now try to develop their country by used crypto method.so, i think they will provides many good services for their country people.   

[Dianisah 19]

Thanks for sharing your thoughts with us. I think that if China launches its own blockchain, we can go a long way.

[Munkhatun 7]

Brother, thanks for the info, you're happy to hear the news.  Nowadays, every person buys equipment and mobile forms in China for easy use.  Many now use crypto currency

[Divya rana 1252]

China own itz blockchain I don't have any idea regarding this thanks you so much for sharing this information this is the postive stage of China wch helps in  taking initiative in other countries also

[FazzyAli 2]

China launched his own blockchain called xuperchain.  Its make his country more strong economically  and many other countries also try to make cryptocuurency.  It's a positive image of cryptocuurency. 

[Jonayeed1207 11]

In my opinion the Facebook announced plans this year for a cryptocurrency called Libra, it said its goal was to reinvent money for the internet age. Not even half a year has passed since Facebook unveiled Libra, but the tech giant's foray into finance has been met with a steady stream of doubts and questions.

[Upright 2688]

The Chinese government, even talked of their interest on the Crypto, about how they might connect on such innovations, as a more way to boost their economic standards, as I saw a news which takes of a Chinese University working on a program of sort, about Crypto

[Babubu609 0]

On 1/12/2020 at 11:36 AM, Andrewg420 said:

I think this project will quickly become mainstream and will become one of the top coins relatively quickly as it is being developed by a company that is considered to be chinese google and surprisingly it is being backed by the government, I think this indicates a bright future for cryptocurrency in general and it may just serve as a good example of what crypto can accomplish when accepted by the government.

the banks may be able to freeze bills as typical and confiscate the finances. so it is any other useless coin for the population but useful best for their government

[CryptoMaxim 3829]

On 12.01.2020 at 08:37, Badman001 said:

Yes i also read a article about it and i feel that this is good news for cryoto market .this Xuperchain may be help in increase popularity of crypto market .

Of course, this will increase the popularity of the cryptocurrency. But they also probably released it for their own benefit.