Crypto Currency Hedge Fund: Bank Of China Files Patent For New Blockchain Scaling Solution

amf

The commercial, state-run Bank of China, not to be confused with the People’s Bank of China, the country’s central bank, has filed a patent with the Chinese State Intellectual Property Office (SIPO) for a solution to scale Blockchain technology systems, according to local news outlet tech.ifeng.

The bank originally applied for the patent on Sept. 28, 2017, with a Zhao Shuxiang indicated as the patent’s inventor, but SIPO only released news of the patent on Feb. 23, 2018.

The patent contains a method for compressing Blockchain data that seeks to solve the problem of storage space in new blocks without compromising on traceability and immutability.

As described in the patent, the amount of data stored in in new blocks would be reduced in the following way: when a full-size node receives a compression request from a client, it compresses transaction data from multiple blocks into a single “data block”, which would then be temporarily hosted on a different data storage system.

This data would then be run through a hash function with the data block hash value, and the compression transaction would map the relationship between the compressed block, the data block, and the compression event, which would all be recorded on the Blockchain.

While China has been one of the stricter countries globally in terms of cryptocurrency regulation, having banned Initial Coin Offerings (ICO) and foreign exchanges from operating within the country, the South Korean Finance Minister spoke earlier this month of a need to cooperate with China in the sphere of Blockchain during a meeting with the governor of the People’s Bank of China.

Earlier this week, Chinese multinational PC company Lenovo also filed a Blockchain-based patent for verifying the integrity of physical documents, but with the U.S. Patent and Trademark Office (USPTO), rather than China’s SIPO.

 

Comments

Bank of China has improved itself in the past years remarkably. They seem to have hired british assignment writers to analyze every bank around the world. As a result, they are making rapid changes to prove themselves as the best.

Oh so wait you guys didnt even offer any help on thesisrush review here at all previously, then how did this site even operate like that? I mean its beyond me to see past that bit of information actually!

Initial You got a awesome blog .I determination be involved in plus uniform minutes. i view you got truly very functional matters , i determination be always checking your blog blesss. Top ICOs

So lot to occur over your amazing blog. Your blog procures me a fantastic transaction of enjoyable.. Salubrious lot beside the scene. 123movies

In this article understand the most important thing, the item will give you a keyword rich link a great useful website page: Horny

Call Girls in Dwarka
Call Girl Dwarka
Call Girls Dwarka
Call Girl in Dwarka
Dwarka Call Girls
Dwarka Call Girl
Dwarka Escort
Dwarka Escorts
escort in dwarka
escorts in dwarka
escorts in dwarka
Call Girls in Gurgaon
Call Girls in Haridwar
Call Girls in Noida
call girls in mumbai
Plumbers Etobicoke
Plumber Near Me in Etobicoke
Plumbers in Etobicoke
Emergency Plumber Etobicoke
Plumber Etobicoke Toronto
Drain Repair Toronto
Drain Cleaning Toronto
Clogged Drain Toronto
Emergency Plumber Toronto
Basement Waterproofing Toronto
Water Line Upgrade Toronto
Water Line Upgrade Toronto
Sewer Backup Toronto
Plumbing Services Scarborough
Plumbing Services Etobicoke
Plumbers Scarborough
Plumbers Etobicoke
Emergency Plumber Etobicoke
plumber toronto
plumbing company Toronto
quickbooks support phone number
plumbing company Mississauga

Call Girls in Dwarka | Call Girl Dwarka | Call Girls Dwarka | Call Girl in Dwarka | Dwarka Call Girls | Dwarka Call Girl | Dwarka Escort | Dwarka Escorts | escort in dwarka | escorts in dwarka | escorts in dwarka | Call Girls in Gurgaon | Call Girls in Haridwar | Call Girls in Noida | plumbing company Toronto | plumbing company Mississauga | call girls in mumbai

https://muskangirlsdwarka.in/
https://www.singledate.in/
https://rishikeshgirls.in/call-girls-in-haridwar/
https://shipranoida.in/
https://www.torontoplumbinggroup.com/
https://aqualuxdp.ca/
https://myquickbook.com/
https://kiran69.in/

Call girls in Dwarka , call girls Dwarka , Dwarka call girls , Call girl in Dwarka , call girl Dwarka , Dwarka call girl , Escorts in Dwarka , Dwarka Escorts , Escort in Dwarka , Dwarka Escort , Call girls service in Dwarka , call girls service Dwarka , Dwarka call girls service , Call girls services in Dwarka , call girls services Dwarka , Dwarka call girls services , Independent Call girls in Dwarka , Independent call girls Dwarka , Dwarka Independent call girls , Independent Call girl in Dwarka , Independent call girl Dwarka , Dwarka Independent call girl , Independent Escorts in Dwarka , Dwarka Independent Escorts , Independent Escort in Dwarka , Dwarka Independent Escort , Independent Call girls service in Dwarka , Independent call girls service Dwarka , Dwarka Independent call girls service , Independent Call girls services in Dwarka , Independent call girls services Dwarka , Dwarka Independent call girls services , Housewives Call girls in Dwarka , Housewives call girls Dwarka , Dwarka Housewives call girls , Housewives Call girl in Dwarka , Housewives call girl Dwarka , Dwarka Housewives call girl , Housewives Escorts in Dwarka , Dwarka Housewives Escorts , Housewives Escort in Dwarka , Dwarka Housewives Escort , Housewives Call girls service in Dwarka , Housewives call girls service Dwarka , Dwarka Housewives call girls service , Housewives Call girls services in Dwarka , Housewives call girls services Dwarka , Dwarka Housewives call girls services , High profile Call girls in Dwarka , High profile call girls Dwarka , Dwarka High profile call girls , High profile Call girl in Dwarka , High profile call girl Dwarka , Dwarka High profile call girl , High profile Escorts in Dwarka , Dwarka High profile Escorts , High profile Escort in Dwarka , Dwarka High profile Escort , High profile Call girls service in Dwarka , High profile call girls service Dwarka , Dwarka High profile call girls service , High profile Call girls services in Dwarka , High profile call girls services Dwarka , Dwarka High profile call girls services , VIP Call girls in Dwarka , VIP call girls Dwarka , Dwarka VIP call girls , VIP Call girl in Dwarka , VIP call girl Dwarka , Dwarka VIP call girl , VIP Escorts in Dwarka , Dwarka VIP Escorts , VIP Escort in Dwarka , Dwarka VIP Escort , VIP Call girls service in Dwarka , VIP call girls service Dwarka , Dwarka VIP call girls service , VIP Call girls services in Dwarka , VIP call girls services Dwarka , Dwarka VIP call girls services , College Call girls in Dwarka , College call girls Dwarka , Dwarka College call girls , College Call girl in Dwarka , College call girl Dwarka , Dwarka College call girl , College Escorts in Dwarka , Dwarka College Escorts , College Escort in Dwarka , Dwarka College Escort , College Call girls service in Dwarka , College call girls service Dwarka , Dwarka College call girls service , College Call girls services in Dwarka , College call girls services Dwarka , Dwarka College call girls services, plumbing company Toronto , plumbing company Mississauga , quickbooks support phone number , plumbing company Toronto , Plumber Near Me in Etobicoke , Water Line Upgrade Toronto , Drain Cleaning Toronto , Clogged Drain Repair Mississauga , Sump Pump Installation Mississauga

In the context of the epidemic that the world is facing you and your family, let's protect your health against the corona virus. mapquest driving directions