Bitmain CEO: Bitcoin Can Advance China’s Economy in a Big Way

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Bitcoin and blockchain are going mainstream in China. As a sign, a major fintech forum in Shanghai recently invited Bitmain CEO Jihan Wu to talk about its role in transforming finance and China’s economy.

Also read: Purse and Unocoin Partner to ‘Drive Indian Bitcoin Adoption’

The event attracted dozens of media representatives, while over 300 financial industry participants also watched on.

Lujiazui International Financial Research Institute and business media outlet Caixin hosted the forum on September 7-8. Government and financial world representatives also spoke, from the Industrial Commercial Bank of China (ICBC), Bank of China International (BOCI), UBS, and the National People’s Congress standing committee on finance and economics.

Financial Industry Reform Through Technology

The forum looked at how financial reform could promote world harmony and “green finance,” while boosting financial inclusion and closing wealth gaps. At the same time, it echoed the G20 summit in calling for more financial surveillance and improving governance frameworks for

Read more ... source: TheBitcoinNews

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