|
Title: [2017-01-19]China company invest 300mil to build world's first blockchain farm Post by: hl5460 on January 19, 2017, 09:27:25 AM Zhongnan Construction (SZ:000961) announced that the company plans to contribute 297 million yuan(~43 million USD) to set up Zhongnan Constrcution Blockchain Agricultural Company in Shenzhen. Along with Beidahuang(SH:600598), the new branch company will set up a joint company to build a agricultural product trading platform and financial platform on the basis of the agricultural data, and establishes a supply and certification traceability system based on blockchain technology for agricultural products. The Zhongnan Company invest 299.99 million yuan, holding 80% stake in the joint company, while Beidahuang invest 1 yuan to hold 20% shares.
http://news.8btc.com/china-company-to-build-worlds-first-blockchain-farm-with-iot-data Title: Re: [2017-01-19]China company invest 300mil to build world's first blockchain farm Post by: notthematrix on January 19, 2017, 04:52:53 PM Zhongnan Construction (SZ:000961) announced that the company plans to contribute 297 million yuan(~43 million USD) to set up Zhongnan Constrcution Blockchain Agricultural Company in Shenzhen. Along with Beidahuang(SH:600598), the new branch company will set up a joint company to build a agricultural product trading platform and financial platform on the basis of the agricultural data, and establishes a supply and certification traceability system based on blockchain technology for agricultural products. The Zhongnan Company invest 299.99 million yuan, holding 80% stake in the joint company, while Beidahuang invest 1 yuan to hold 20% shares. http://news.8btc.com/china-company-to-build-worlds-first-blockchain-farm-with-iot-data Private blockchain is like...... https://www.youtube.com/watch?v=t0gqSXEJz0E Title: Re: [2017-01-19]China company invest 300mil to build world's first blockchain farm Post by: Idrisu on January 19, 2017, 06:05:44 PM Zhongnan Construction (SZ:000961) announced that the company plans to contribute 297 million yuan(~43 million USD) to set up Zhongnan Constrcution Blockchain Agricultural Company in Shenzhen. Along with Beidahuang(SH:600598), the new branch company will set up a joint company to build a agricultural product trading platform and financial platform on the basis of the agricultural data, and establishes a supply and certification traceability system based on blockchain technology for agricultural products. The Zhongnan Company invest 299.99 million yuan, holding 80% stake in the joint company, while Beidahuang invest 1 yuan to hold 20% shares. http://news.8btc.com/china-company-to-build-worlds-first-blockchain-farm-with-iot-data Private blockchain is like...... https://www.youtube.com/watch?v=t0gqSXEJz0E Title: Re: [2017-01-19]China company invest 300mil to build world's first blockchain farm Post by: notthematrix on January 19, 2017, 06:16:05 PM Zhongnan Construction (SZ:000961) announced that the company plans to contribute 297 million yuan(~43 million USD) to set up Zhongnan Constrcution Blockchain Agricultural Company in Shenzhen. Along with Beidahuang(SH:600598), the new branch company will set up a joint company to build a agricultural product trading platform and financial platform on the basis of the agricultural data, and establishes a supply and certification traceability system based on blockchain technology for agricultural products. The Zhongnan Company invest 299.99 million yuan, holding 80% stake in the joint company, while Beidahuang invest 1 yuan to hold 20% shares. http://news.8btc.com/china-company-to-build-worlds-first-blockchain-farm-with-iot-data Private blockchain is like...... https://www.youtube.com/watch?v=t0gqSXEJz0E As long it is the open Bitcoin blockchain I agree :) https://www.youtube.com/watch?v=o7kD9HCFjHw for the rest Iam Sorry! Title: Re: [2017-01-19]China company invest 300mil to build world's first blockchain farm Post by: Slow death on January 19, 2017, 07:15:21 PM These Chinese are dominating the world of cryptocurrency and bet on the technology. many companies like genesis mining, BitMain... are in China and they have exchanges like BTCC... the Chinese have a very big influence. This is scary
Title: Re: [2017-01-19]China company invest 300mil to build world's first blockchain farm Post by: notthematrix on January 19, 2017, 09:21:17 PM These Chinese are dominating the world of cryptocurrency and bet on the technology. many companies like genesis mining, BitMain... are in China and they have exchanges like BTCC... the Chinese have a very big influence. This is scary There are a lot of people in china. Some Miners are using a chineese pool. that does not say all power and BTC are centralized China! Title: Re: [2017-01-19]China company invest 300mil to build world's first blockchain farm Post by: hl5460 on January 20, 2017, 08:51:17 AM Zhongnan Construction (SZ:000961) announced that the company plans to contribute 297 million yuan(~43 million USD) to set up Zhongnan Constrcution Blockchain Agricultural Company in Shenzhen. Along with Beidahuang(SH:600598), the new branch company will set up a joint company to build a agricultural product trading platform and financial platform on the basis of the agricultural data, and establishes a supply and certification traceability system based on blockchain technology for agricultural products. The Zhongnan Company invest 299.99 million yuan, holding 80% stake in the joint company, while Beidahuang invest 1 yuan to hold 20% shares. http://news.8btc.com/china-company-to-build-worlds-first-blockchain-farm-with-iot-data Private blockchain is like...... https://www.youtube.com/watch?v=t0gqSXEJz0E Yes, Chinese seems like to convert their capital to technology. Zhongnan is a real property building contractor. Title: Re: [2017-01-19]China company invest 300mil to build world's first blockchain farm Post by: hl5460 on January 20, 2017, 08:52:27 AM These Chinese are dominating the world of cryptocurrency and bet on the technology. many companies like genesis mining, BitMain... are in China and they have exchanges like BTCC... the Chinese have a very big influence. This is scary You may say Chinese contribute a lot to the development of bitcoin or blockchain related industry. Title: Re: [2017-01-19]China company invest 300mil to build world's first blockchain farm Post by: maku on January 20, 2017, 12:56:39 PM These Chinese are dominating the world of cryptocurrency and bet on the technology. many companies like genesis mining, BitMain... are in China and they have exchanges like BTCC... the Chinese have a very big influence. This is scary It is scary, but tell me who we can blame in this situation? Definitely not Chinese investors for stepping forward and grabbing the opportunity of this new tech. China is growing and they are not afraid of join new technical trends, invest in blockchain tech (although in this case it is totally not bitcoin related). Western companies have no guts to start projects like these, they are bound by restrictions and regulations to the point it stall their growth. Title: Re: [2017-01-19]China company invest 300mil to build world's first blockchain farm Post by: examplens on January 21, 2017, 02:47:04 PM China are most open country to the cryptocurrency technology, and I think rather influenced the popularity of crypto value. It is legal.
But I also agree not good to have such a concentration, because open up opportunities for manipulation Title: Re: [2017-01-19]China company invest 300mil to build world's first blockchain farm Post by: Kprawn on January 21, 2017, 03:33:20 PM I understand the plan to build agricultural product trading platforms and financial platforms and a blockchain-based product tracking system,
but how does this fit into food safety? Will they use this to track suppliers of food, to make sure they have reliable data to find the culprits that adds illegal additives to food or produce? Anyone... ??? |