The cryptocurrency situation in China is pretty confusing as it is. With conflicting reports claiming exchanges will be shut down while trading still continues aren’t helping matters either. To make matters worse, a new mobile app featuring blockchain technology has launched on the iTunes store. This application lets users link their Bank of China debit card. It has nothing to do with Bitcoin or cryptocurrencies, but the timing is still interesting.
This mystery blockchain-related application is pretty interesting to take note of. A Blockchain e-wallet is the last thing people expected to see in the Chinese iTunes store right now. Given all of the turmoil surrounding ICOs and exchanges, it is unclear what the future will hold. With this new mobile app showing up out of the blue, things only get more confusing. It appears this wallet is developed by Beijing Arxanfintech.The details claim it features blockchain technology, although its exact features remain to be determined.
Mysterious Chinese Blockchain e-Wallet Causes Confusion
No one will be surprised there is no reference to Bitcoin or cryptocurrency within the app itself right now. Nor will there be in the future, as
Read more ... source: LiveBitcoinNews
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