Tag: China

Red Date, the Little-Known Tech Firm Behind China’s Big Blockchain Vision

A driving force behind the scenes of China’s ambitious blockchain infrastructure project says he used to be skeptical of the technology. “Initially I thought blockchain, especially distributed ledger technology [DLT], had no commercial value because it was too expensive,” said Yifan He, CEO of Beijing Red Date Technology. “Then I realized we can actually build a multi-framework platform to reduce the cost for…

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