Tag Archives: china telecom

China Telecom has noted that the establishment of a quantum tech hub is in line with President Xi Jinping’s long-term tech adoption. China Telecom Corp Ltd (Hong Kong: 728), a Chinese telecommunications company, has announced plans to venture into the supercomputer quantum industry to streamline its services. According to the company’s announcement through WeChat, up to 3 billion Yuan, approximately $434 million, will be used to establish the China Telecom Quantum Information Technology...

WeBank, China’s first digital bank in the sphere of helping small businesses access funding needed for operations, will now provide the technical infrastructure required for the deployment of China’s national blockchain network.According to a report from state-owned Financial News media platform, WeBank will be in charge of the creation and delivery of FISCO BCOS (Be Credible, Open & Secure) open-source consortium chain, for the Blockchain-based Service Network (BSN). The BSN Development...

On Sunday, December 1, crypto exchange Huobi along with other Chinese telecom players joined the country’s state-backed popular blockchain consortium Blockchain Services Network (BSN). Huobi has joined as one of the first members of BSN which is an industry alliance initiated by the State Information Center (SIC).The BSN was just launched in the last month of October by the SIC with an aim to boost the blockchain sector growth and further encourage the development of smart cities in the...

Officially, China has now joined the list of countries that have fully launched 5G services to consumers. On Friday, Chinese mobile operators made 5G available in many parts, as the country continues several efforts to lead the world regarding tech offerings.China Mobile, China Unicom and China Telecom have now announced several 5G options for all of their individual customers, probably as a way to catch up with other countries that have already done the same this year including the U.S., the...