Shanghai Government Invests $5M in Blockchain Startup Conflux

Blockchain startup Conflux has received over $5 million research grant from the Shanghai Science and Technology Committee and Changning District government, which is part of the city’s municipal government.  The Beijing-based firm touted that it has become the only public, permissionless blockchain project backed by the Chinese government, according to the firm’s statement shared with […]

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China’s BSN to ‘Localize’ 24 Public Blockchains by Making Them Permissioned

China’s state-sanctioned blockchain infrastructure project is finally bringing public chains to its Chinese users – but with a significant twist.  The Blockchain-Based Service Network (BSN), a standardized internet services provider for decentralized applications (dapp) developers, plans to make 24 public chains available in its network for Chinese users starting from the second half of November, […]

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Yes, You May Need a Blockchain

Balaji S. Srinivasan is the former CTO of Coinbase, a Board Partner at Andreessen Horowitz and a member of CoinDesk’s advisory board. The following article originally appeared in Consensus Magazine, distributed exclusively to attendees of CoinDesk’s Consensus 2019 event. There’s a certain kind of developer who states that blockchains are just terrible databases. As the […]

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