Bitcoin Forum
October 16, 2017, 10:45:05 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2017-01-19]China company invest 300mil to build world's first blockchain farm  (Read 884 times)
hl5460
Legendary
*
Offline Offline

Activity: 1540


news.8btc.com


View Profile WWW
January 19, 2017, 09:27:25 AM
 #1

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

1508193905
Hero Member
*
Offline Offline

Posts: 1508193905

View Profile Personal Message (Offline)

Ignore
1508193905
Reply with quote  #2

1508193905
Report to moderator
1508193905
Hero Member
*
Offline Offline

Posts: 1508193905

View Profile Personal Message (Offline)

Ignore
1508193905
Reply with quote  #2

1508193905
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508193905
Hero Member
*
Offline Offline

Posts: 1508193905

View Profile Personal Message (Offline)

Ignore
1508193905
Reply with quote  #2

1508193905
Report to moderator
notthematrix
Hero Member
*****
Offline Offline

Activity: 781


View Profile
January 19, 2017, 04:52:53 PM
 #2

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
Idrisu
Sr. Member
****
Offline Offline

Activity: 350


For Lady and Mister! Enjoy Bazista!


View Profile
January 19, 2017, 06:05:44 PM
 #3

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
Am happy that more china company are investing in blockchain. Chinese are the major shareholders in most of the blockchain and crypto currencies' around the world. Remember, that Chinese own up to if not more than 50% crypto currencies investment and because of this any little  positive fundamental issue from China move the bitcoin altcoin market in a fluctuations level.


▄██████████████████
███████████████████
███████████████████
█████████████████
███████████████
████████████████
████████████████
█████████████████
███████████████████
████████████████████
█████████████████████
▀████████████████████
Bazista®
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██

██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
|||
notthematrix
Hero Member
*****
Offline Offline

Activity: 781


View Profile
January 19, 2017, 06:16:05 PM
 #4

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
Am happy that more china company are investing in blockchain. Chinese are the major shareholders in most of the blockchain and crypto currencies' around the world. Remember, that Chinese own up to if not more than 50% crypto currencies investment and because of this any little  positive fundamental issue from China move the bitcoin altcoin market in a fluctuations level.

As long it is the open Bitcoin blockchain I agree Smiley https://www.youtube.com/watch?v=o7kD9HCFjHw for the rest Iam Sorry!
Slow death
Hero Member
*****
Offline Offline

Activity: 616


Need a Campaign Manager? https://goo.gl/qpZyp7


View Profile
January 19, 2017, 07:15:21 PM
 #5

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

notthematrix
Hero Member
*****
Offline Offline

Activity: 781


View Profile
January 19, 2017, 09:21:17 PM
 #6

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!

hl5460
Legendary
*
Offline Offline

Activity: 1540


news.8btc.com


View Profile WWW
January 20, 2017, 08:51:17 AM
 #7

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
Am happy that more china company are investing in blockchain. Chinese are the major shareholders in most of the blockchain and crypto currencies' around the world. Remember, that Chinese own up to if not more than 50% crypto currencies investment and because of this any little  positive fundamental issue from China move the bitcoin altcoin market in a fluctuations level.

Yes, Chinese seems like to convert their capital to technology.
Zhongnan is a real property building contractor.

hl5460
Legendary
*
Offline Offline

Activity: 1540


news.8btc.com


View Profile WWW
January 20, 2017, 08:52:27 AM
 #8

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.

maku
Legendary
*
Offline Offline

Activity: 1162


Some big news for [vDice] coming soon


View Profile
January 20, 2017, 12:56:39 PM
 #9

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.

examplens
Hero Member
*****
Offline Offline

Activity: 882



View Profile
January 21, 2017, 02:47:04 PM
 #10

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

Kprawn
Legendary
*
Offline Offline

Activity: 1274


It is better to burn out, than to fade away.


View Profile WWW
January 21, 2017, 03:33:20 PM
 #11

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... Huh

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!