In line with a recent ‘notice‘ published, Chinese cyberspace administration has revealed its primary list of around 197 company’s of registered blockchain service providers.
Chinese initiatives by web giants like Baidu Blockchain Engine, Alibaba Cloud BaaS [Blockchain-as-a-Service], TBaaS [Tencent BaaS] and the BaaS platform owned by e-commerce giant ‘JD.com’ ‘appear‘ on the list. Monetary institutions like the China Zheshang Bank and Ping an insurance company are also mentioned.
Some less-known firms like blockchain-enabled supply chain management service named ‘VeChain’ along with the parcel delivery service named ‘ParcelX’ are also mentioned within the list. The article conjointly notes that no individual or institutions is allowed to employ ‘blockchain‘ for any business purpose.
The Chinese Cyberspace administration would additionally look into services that ought to be registered and “relevant institutions and people who don’t comply with the filing procedures should apply for filing as soon as possible.”
As ‘reported‘ earlier this week, China is leading the world in the number of blockchain based projects presently underway within the country.