Chinese Auto Giant Starts $50M Blockchain Tech Initiative. newsbtc bitcoin news Wanxiang Group , one of the largest automobile conglomerates in China, has announced its plans to invest in blockchain tech to the tune of $50 million. The company has reportedly purchased 416,000 ETH tokens on the Ethereum blockchain, confirmed by the company’s managing director Chao Deng.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any […]
