• Latest
New Blockchain Partnership Aims to Pave the Way for Mass Adoption in China

New Blockchain Partnership Aims to Pave the Way for Mass Adoption in China

July 23, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Litecoin

New Blockchain Partnership Aims to Pave the Way for Mass Adoption in China

coinnewsdaily by coinnewsdaily
July 23, 2019
in Litecoin
0
New Blockchain Partnership Aims to Pave the Way for Mass Adoption in China
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Bitcoin Will Overtake Gold’s MarketCap in 9 years, Says Bobby Lee |

Sell or hodl? How to prepare for the end of the bull run, Part 2

April 10, 2022
How to prepare for the end of the bull run, Part 1: Timing

How to prepare for the end of the bull run, Part 1: Timing

April 3, 2022

A blockchain platform and a mobile gaming company have unveiled a partnership designed to benefit hundreds of millions of users.

High Performance Blockchain (HPB) has announced it is the first public chain to team up with gaming company Shanghai Youwan — paving the way for widespread adoption by the customers of some of China’s biggest brands.

According to HPB, this integration means that its coins can be converted into in-game currency that can be used on an array of titles. Players will also have the freedom to make conversions into in-game credits compatible with all companies under the Ping An Group, such as Ping An Bank and Ping An Insurance. Compatibility will also be achieved with China Telecom, China Mobile, China Unicom and JD.com.

Through the partnership, Shanghai Youwan’s mobile games will be connected with the HPB wallet, expanding the ecosystems of both parties. As a result, a broader number of apps and companies will be able to use HPB coins and benefit from what the scalable blockchain has to offer.

Bringing blockchain into people’s lives

Shanghai Youwan has a base of millions of users, with 300 employees developing 20 new games a year for the public to enjoy. The cross-platform, multiplayer service has accrued more than 800 million accounts since launch, with the company striving to deliver innovation in gameplay as well as the in-game economies and financial models that players interact with.

According to HPB, the collaboration is a “great stepping stone” in normalizing distributed ledger technology and making it an everyday part of people’s lives. The company says that “an immense portion of the public” are going to be exposed to the company’s blockchain as a result of the partnership — and in time, both businesses hope to work together more closely in other sectors, such as health care, food, housing and transportation.

Next steps

HPB and Shanghai Youwan are now moving on to the development and implementation phases of their relationship — and capitalizing on the synergies between their respective platforms. Security, scalability and flexibility were listed as key priorities at the start of the partnership.

“The scope of this partnership, and initiatives at hand is another signal that is showing the world that blockchain adoption is happening, and the potential it has to be integrated into our daily lives,” the companies said.

Looking ahead, the business partners are hoping to explore the untapped opportunities that lie in big data management. HPB believes its solutions are going to provide an additional layer of security in Shanghai Youwan’s data, and help the company cater to user demand and consumption preferences far more effectively than it did before.

Building a stronger platform

HPB says it has now attracted more than 70 partnerships and decentralized applications (DApps) across a broad range of industries, including fintech and infrastructure — with each partner bringing unique strengths that help its platform thrive.

The blockchain company previously struck a deal with UnionPay Smart, the big data arm of the Chinese financial giant. Their collaboration has been designed to help the company, which beats Visa and Mastercard to claim the title of the world’s largest card payment organization, enhancing communication between stakeholders through the use of blockchain’s authorization and traceability.

HPB has also secured links to global policymakers at the G-20, the World Economic Forum, the Asia-Pacific Economic Cooperation and the Organization for Economic Cooperation and Development by establishing a partnership with the SME Forum run by the International Finance Corporation. The platform says it has been engaging in “close discussions with thought leaders and policymakers about the potential applications for blockchain technology for the betterment of society.”

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.



Credit: Source link

Share76Tweet48
Previous Post

UK Finance Watchdog Mimicked in Crypto Scam Email

Next Post

Facebook and Instagram Now Have a Problem With Scam Libra Ads

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

Bitcoin Will Overtake Gold’s MarketCap in 9 years, Says Bobby Lee |
Bitcoin

Sell or hodl? How to prepare for the end of the bull run, Part 2

April 10, 2022
How to prepare for the end of the bull run, Part 1: Timing
Bitcoin

How to prepare for the end of the bull run, Part 1: Timing

April 3, 2022
Bull or bear market, creators are diving headfirst into crypto
Alt Coin

Bull or bear market, creators are diving headfirst into crypto

April 2, 2022
crypto listing and delisting announcements: week 9
Alt Coin

Crypto Listing and Delisting Announcements: Week 9

February 28, 2022
unstable markets how to invest in cryptocurrency
Alt Coin

How to invest in cryptocurrency when the market is uncertain, explained

December 21, 2021
be your own banker secrets
Alt Coin

Bitcoin and Crypto Wallet Hygiene 101

November 22, 2021
Load More
Next Post
Facebook and Instagram Now Have a Problem With Scam Libra Ads

Facebook and Instagram Now Have a Problem With Scam Libra Ads

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$28,448.003.58%
  • ethereumEthereum(ETH)$1,826.804.48%
  • tetherTether(USDT)$1.01-0.23%
  • binancecoinBNB(BNB)$330.362.50%
  • rippleXRP(XRP)$0.4395924.65%
  • cardanoCardano(ADA)$0.3711843.71%
  • dogecoinDogecoin(DOGE)$0.0777194.68%
  • matic-networkPolygon(MATIC)$1.153.08%
  • solanaSolana(SOL)$22.334.14%
  • polkadotPolkadot(DOT)$6.344.37%
  • litecoinLitecoin(LTC)$93.727.50%
  • shiba-inuShiba Inu(SHIB)$0.0000112.00%
  • tronTRON(TRX)$0.0654608.42%
  • daiDai(DAI)$1.00-0.16%
  • chainlinkChainlink(LINK)$7.615.89%
  • cosmosCosmos Hub(ATOM)$11.753.13%
  • leo-tokenLEO Token(LEO)$3.390.58%
  • ethereum-classicEthereum Classic(ETC)$20.922.71%
  • moneroMonero(XMR)$160.204.48%
  • okbOKB(OKB)$45.29-0.50%
  • bitcoin-cashBitcoin Cash(BCH)$129.482.85%
  • stellarStellar(XLM)$0.0927481.53%
  • filecoinFilecoin(FIL)$5.995.46%
  • crypto-com-chainCronos(CRO)$0.0705762.76%
  • vechainVeChain(VET)$0.0237583.82%
  • algorandAlgorand(ALGO)$0.2204192.77%
  • internet-computerInternet Computer(ICP)$5.233.08%
  • eosEOS(EOS)$1.165.42%
  • aaveAave(AAVE)$77.523.00%
  • elrond-erd-2MultiversX(EGLD)$43.803.62%
  • tezosTezos(XTZ)$1.183.52%
  • theta-tokenTheta Network(THETA)$1.055.09%
  • neoNEO(NEO)$13.138.57%
  • havvenSynthetix Network(SNX)$2.763.36%
  • paxos-standardPax Dollar(USDP)$1.00-0.12%
  • bitcoin-cash-svBitcoin SV(BSV)$37.604.98%
  • dashDash(DASH)$64.0412.30%
  • pancakeswap-tokenPancakeSwap(CAKE)$3.781.53%
  • makerMaker(MKR)$701.014.42%
  • iotaIOTA(MIOTA)$0.2174504.23%
  • huobi-tokenHuobi(HT)$3.620.92%
  • zilliqaZilliqa(ZIL)$0.0286184.88%
  • zcashZcash(ZEC)$38.2710.35%
  • basic-attention-tokenBasic Attention(BAT)$0.2540166.62%
  • nemNEM(XEM)$0.0409346.02%
  • qtumQtum(QTUM)$3.376.18%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$35.276.77%
  • compound-governance-tokenCompound(COMP)$44.414.45%
  • bitcoin-goldBitcoin Gold(BTG)$17.287.05%
  • yearn-financeyearn.finance(YFI)$8,725.942.94%
  • omisegoOMG Network(OMG)$1.892.81%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • golemGolem(GLM)$0.2449951.77%
  • wavesWaves(WAVES)$2.260.93%
  • ontologyOntology(ONT)$0.2359366.27%
  • sushiSushi(SUSHI)$1.081.91%
  • digibyteDigiByte(DGB)$0.0098374.53%
  • umaUMA(UMA)$2.111.50%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%