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Tag Archives: Giant

Chairman of Korean Gaming Giant Predicts Use of Blockchain in ‘All Industries’ in Future

The chairman of Netmarble, one of the largest South Korean gaming companies, believes that blockchain technology will soon be applied across all industries, local news outlet EDaily reports June 20. Netmarble reported revenue of 1.5 trillion won (about $1.35 billion) in 2016, with a market cap of 12.86 trillion won (about $11.59 billion) today. During the 9th Annual Strategy Forum ...

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The Giant Platform for Crypto-Exchanges

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Huobi ...

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E-Commerce Giant JD.com to Issue Blockchain Asset-Backed Securities

Chinese e-commerce giant JD.com has released plans to issue asset-backed securities (ABSs) on the blockchain, local media reported June 13. According to China’s Securities Regulatory Commission (CSRC) via its media outlet Securities Times, subsidiary JD Finance will issue the ABS in conjunction with Huatai Securities and Xingye Bank. Together, the partners will asses blockchain’s potential to shore up asset security, ...

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Japanese Giant Fujitsu Unveils Blockchain System for Retail Rewards

Japanese information and communication technology giant Fujitsu has revealed plans to use the blockchain to create a rewards system — think coupons and loyalty points — for the domestic retail market. Fujitsu Intelligent Society Solution Blockchain Asset Service The distributed ledger-based system — which will be exhibited at Interop Tokyo from June 13 to 15 — is called the Fujitsu ...

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German Software Giant SAP Launches a Cloud Blockchain Platform

German software company SAP SE has announced the launch of a blockchain platform that will facilitate the development of blockchain enterprise solutions. The blockchain-as-a-service platform will enable developers to build enterprise-level blockchain applications and will support Hyperledger Fabric and MultiChain, the company said in a statement on June 6. SAP also launched a host of other products that target emerging ...

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Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO

Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value. Bitmain’s 32-year-old founder Jihan Wu says he’s chiefly examining the possibilities of a listing in Hong Kong or ...

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Messaging Giant Kik Brings Kin Crypto Tokens to Avatar-Based Social Network IMVU

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Messaging giant Kik has announced a new partnership with  IMVU, the world’s largest avatar-based social network. Kik is a messenger service which has over 15 million monthly users including 1 in 5 US teenagers, and the project’s Kin cryptocurrency is designed to enable users to earn Kin through platform ...

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Crypto Mining Giant Bitmain’s CEO Is Considering an IPO

Jihan Wu runs Bitmain Technologies Ltd., the world’s largest producer of custom cryptocurrency mining chips. Financially speaking not much is known about the Chinese company, though Wu has hinted at the possibility of holding an initial public offering (IPO), which would force Bitmain to reveal more. What an IPO Would Mean for Bitmain Given the uncertainty surrounding digital assets and the ...

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Bitcoin Mining Giant Bitmain Could Go Public in Record-Breaking IPO: Report

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Bitmain, the dominant force in cryptocurrency mining, is considering going public in what could be a record-setting offering for the industry. Bloomberg reports that the China-based company, led by controversial CEO Jihan Wu, is quietly laying the groundwork to launch an initial public offering (IPO), perhaps at ...

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