A food safety factory shutdown has Americans hunting for baby formula. Readying themselves for a covid-19 lockdown, Chinese in Beijing emptied store shelves. Emerging from lockdown, some in Shanghai are visiting well-provisioned markets. U.S.-China agricultural trade is booming, but many are still being left hungry. Food security, sustainability and safety remain issues.
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.
Tensions evident in the recent European Union-China virtual summit reflect the increasing skepticism in Europe toward China and the worries over Ukraine and economic ties as well as human rights and environmental issues.