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Wolfie Zhao

Latest from Wolfie Zhao
Walmart Patent Eyes Crypto Payments for Power Supply Precision
Retail giant Walmart is exploring a way to let households manage their electricity bills with prepayments in cryptocurrency.

Chinese City Causes Confusion with Digital Asset Exchange Proposal
A city government in China is mulling the creation of a "blockchain digital asset exchange," but no one is quite sure what it means.

Crypto Tycoons Spar Over Alleged 30,000 Bitcoin Debt
Li Xiaolai, a noted Chinese bitcoin investor, has said he may take legal action against another Chinese entrepreneur over claims about a bitcoin fund.

Thailand's SEC Expects to Approve 5 ICOs This Month
Thailand's securities regulator is reportedly about to make the country one of the first to register token sales in a regulated environment.

Chinese Banks to Put Credit Blacklist on a Shared Blockchain
The banking arm of Chinese retail giant Suning is testing a blockchain that would allow banks to share a ledger of users with bad credit scores.

Banks' Blockchain Budgets Spiked 67% in 2017, Survey Finds
Blockchain budgets at global banks' increased sharply in 2017, pushing combined annual spending to $1.7 billion, according to a new survey.

Blockchain Is 'Revolutionary,' Says German Finance Regulator Chief
The president of BaFin thinks blockchain-based applications are "revolutionary" and could turn the entire financial sector "upside down."

JD.com's Finance Arm to Issue Asset-Backed Securities on a Blockchain
JD Finance, a subsidiary of Chinese e-commerce giant JD.com, has announced a pilot issuance of asset-backed securities over a blockchain.

Kakao, Korean Government to Solve Social Problems with Blockchain
Kakao's blockchain subsidiary has announced it will work with a government-backed agency to develop blockchain projects focused on social services.

Korean Banks Can Use Blockchain to Verify Customer IDs from July
A national banking group from South Korea is to roll out a blockchain-based ID verification system for domestic banks next month.
