Apple rolled out new products and services this week, so we look at how important China has been to Apple.
Patrice Poujol Looks at Blockchain Technology in the Chinese Film Industry
Patrice Poujol looks at how blockchain technology changes the way films are financed, produced and distributed in China.
China has recently embraced blockchain technology. While the government has voiced concerns over the use of crypto-currencies and banned all crypto promotion, China was mining over 80% of the Bitcoins in the world in 2018 and it is now the largest producer of crypto ATMs for export worldwide. Chinese private companies such as Baidu, Alibaba, and Tencent (BATs) have developed their own blockchain solutions, other independent companies such as NEO and TRON have developed decentralised networks in the margin of these government-run online giants. Some of these developments have direct applications in the realm of media and film.
Sara Hsu and Wanli Min explore the transformative potential of China’s financial-technology industry, describing the risks and rewards for participants as well as the impact on consumers.
Join the USC U.S.-China Institute for a conversation with U.S. Assistant Attorney General John Demers.
Please join the USC U.S.-China Institute for a book talk with author David Lampton. His new book examines China’s effort to create an intercountry railway system connecting China and its seven Southeast Asian neighbors.