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Author Topic: Chinese Telecommunications join to implement blockchain technology  (Read 75 times)
Brazio
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July 31, 2018, 03:27:48 PM
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The three largest telecommunications companies in Hong Kong; China Unicom, China Telecom and China Mobile plan to join together to use blockchain technology to improve operations and security in the industry, according to the Asia Times.

In a statement, the Academy of Information and Communications Technology (CAICT), a research department under the jurisdiction of the Ministry of Industry, Information and Technology, said that the 3 companies would have joined the Trusted Blockchain Iniaitive (G2).

Chinese telecommunication companies are considered the driving force behind the most important mobile telephony market in the world, and their medium and long-term plan will focus on the development and implementation of blockchain-based applications related to data sharing, the Internet of Things ( IoT) and identity verification. The idea is aimed at reducing operating costs and increasing the efficiency of the respective organizations.

According to the report, Huawei Technologies, the world's largest telecommunications equipment provider, would be in charge of the coalition formed by the companies.

Every day there are more companies that are joining the world of block chain, the growth of the world of cryptocurrencies has no ceiling, that is why we recommend you consider Brazio Coin, a project that will give much to talk about in the future.

If you liked this article, we invite you to follow us on our instagram: @braziocoin

Do you want to buy Brazio Coins? Enter already in braz.io and invest before your price goes to the moon!
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angelfaria
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August 03, 2018, 09:43:42 AM
 #2

This is a good news indeed. The Chinese are very hardworking and they do seem to have the potential to reach heights that are impossible. It’s good to see the Chinese telecom companies to take interest in this market.
cryptodreem
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August 03, 2018, 01:57:17 PM
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Chinese telecommunication brands are emerging in the world market,If they decide to use blockchain technology for getting more competitive advantage, many other companies are likely to follow them too. A good image figure and popularity will be created for blockchain technology. A very good initiative.
cryptodalton
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August 03, 2018, 05:43:05 PM
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If it’s reliable news that should be very good news. And it will felt good impact on blockchain and improving blockchain durability.

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cryptotezi
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August 04, 2018, 04:29:27 PM
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This news is a blast for Crypto-market. This news again proves Chinese are more ahead of crypto coin evolvement and are developing to reign in future Crypto-currency market. Blockchain will make the telecommunication more efficient and publicly than ever as it will be open-sourced. This creates a chance of more enthusiasts involving in crypto-space. And looking forward to know the legitimacy of brazio coin.
goldencrypto7100
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August 04, 2018, 09:18:42 PM
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This sounds like a really good initiative. Recently, Chinese telecommunication brands and smartphone brands are leading the world market from the very front. If they decide to use blockchain technology for getting more competitive advantage, many other companies are likely to follow them too. This will leave a great impact on the normalization of the image of blockchain technology worldwide.
criptoturk
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August 04, 2018, 09:25:00 PM
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Congrats to the Chinese Telecommunications because they did a very good job. Additionally this is a very good news. Blockchain is a new generation technology and its very promising and profitable. Each sector can be easily integrated themselves.

cryptofun888
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August 04, 2018, 10:33:21 PM
 #8

I think this is a revolutionary news for blockchain technology as corporate giant like Huawei has decided to step up and utilize the features of blockchain. It will take blockchain technology a long way to reach general people who can actually get benefitted from the utilization of this technology which will prove to profitable for all the parties involved.
bitcoinhunter888
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August 05, 2018, 12:03:29 AM
 #9

News like these are the reason behind, people learning about blockchain technology recently. It is very important for us to show the world how blockchain can revolutionize not only the current financial, entertainment, telecommunication industries but also it holds get promise for a future employment sector.
tsinelas
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August 05, 2018, 01:31:32 AM
 #10

Chinese telecommunication brands are emerging in the world market,If they decide to use blockchain technology for getting more competitive advantage, many other companies are likely to follow them too. A good image figure and popularity will be created for blockchain technology. A very good initiative.
The fact that the Chinese is supporting cryptocurrency is a good act that they see the good purpose of crypto. As we allow block chain technology in the Telecommunications company we are also allowing the third parties to intervene in our communications. I have read that blockchain is an interconnection of computers that stores blocks of information that implies crytography. I just hope they will really provide security  in the information they have stored. I support data policy so I'd love if they apply encryption as planned.
But yet it's a good idea that they will apply blockchain I just thought the other side of it. I am waiting for the success of the planned project. And I can say that this will surprise the market and the other telecommunication all over the world.

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tokilaka
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August 05, 2018, 08:11:38 AM
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If China is so, then it is really good news for the Bitcoin market, which will impact the blockchain market, impacting the growth trend of Bitcoin this year.
bitcoindigger71
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August 05, 2018, 12:31:38 PM
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Glad to know about that and thank you for posting this. It is really amazing that world top Chinese telco companies now paying attention to crypto currency and come forth with their long term projects.
Luckycoins999
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August 05, 2018, 12:43:26 PM
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I am very hopeful knowing about the entire idea of Chinese telco companies. It is really great for the development for crypto and especially Huawei technologies are the equipment provider that will surely bring success.
cryptofun888
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August 05, 2018, 12:53:21 PM
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This sounds interesting to me. These sorts of initiatives of renowned business companies will stimulate the efficiency of crypto more in future and all the users will be more benefited by these services.
kingcolex
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August 05, 2018, 12:58:56 PM
 #15

Everything in China is controlled by the major party and this will be no exception, while it's good to see them talking about developing a solution it's not going to be something that is easy and a dapp on Ethereum but some weird centralized beast. That and this is spam for some shitcoin in this post.














 

 

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Kprawn
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August 05, 2018, 02:21:15 PM
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The three largest telecommunications companies in Hong Kong; China Unicom, China Telecom and China Mobile plan to join together to use blockchain technology to improve operations and security in the industry, according to the Asia Times.

In a statement, the Academy of Information and Communications Technology (CAICT), a research department under the jurisdiction of the Ministry of Industry, Information and Technology, said that the 3 companies would have joined the Trusted Blockchain Iniaitive (G2).

Chinese telecommunication companies are considered the driving force behind the most important mobile telephony market in the world, and their medium and long-term plan will focus on the development and implementation of blockchain-based applications related to data sharing, the Internet of Things ( IoT) and identity verification. The idea is aimed at reducing operating costs and increasing the efficiency of the respective organizations.

According to the report, Huawei Technologies, the world's largest telecommunications equipment provider, would be in charge of the coalition formed by the companies.

Every day there are more companies that are joining the world of block chain, the growth of the world of cryptocurrencies has no ceiling, that is why we recommend you consider Brazio Coin, a project that will give much to talk about in the future.

If you liked this article, we invite you to follow us on our instagram: @braziocoin

Do you want to buy Brazio Coins? Enter already in braz.io and invest before your price goes to the moon!


Please move this to the Alt coin section, because this is a clever effort to promote Brazio Coins, disguised as a genuine

Bitcoin discussion.  Roll Eyes  People will go the extra length to sneak in promotional content for their projects and they know

the General discussion area, gets the most views.  Roll Eyes  Sorry buddy, we have seen these tactics before.  Roll Eyes

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MiukoOk
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August 19, 2018, 02:43:26 PM
 #17


I think this is very possible. Everyone knows that China is one of those countries with very fast access to technology, which can be in many different ways, but they choose the fastest, least costly and economical way. The application of blockchain technology to the telecommunications sector is also in the minds of many countries, when the technology has created a fever in the technology era 4.0
deviniter
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August 19, 2018, 03:29:03 PM
 #18

what is the vision of the brazio coin mission, I will not question the price of the brazio coin, what I want is that the coin can be useful as it should be (not just for investment).
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