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Huawei Exec: How Xi’s Endorsement of Blockchain Greatly Improved Industry Reputation

Huawei Research Manager Ruifeng Hu said that Chinese President Xi Jinping’s endorsement of blockchain technology greatly improved the reputation of the industry. However, there is a clear divide between blockchain and crypto.At the Blockchain for Global Impact Conference, Hu said that specialists working during the early days of the industry

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Crypto Market’s Overreaction to Xi’s Blockchain Remark Prompts Tougher Crackdown

From Nov. 8 to 9, more than 4,000 people attended the World Blockchain Conference in Wuzhen, China, according to the event organizer 8btc. Speakers included representatives from traditional tech firms like Baidu, Alibaba and Tencent, as well as those working in crypto exchanges, funds, projects and mining businesses. Source

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