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SBI Group Exec to Promote Bitcoin SV in Japan and South Korea  

  • Alex Dovbnya
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    Jerry’s job will be centering around increasing the adoption of Craig Wright’s fork in the Asian region

SBI Group Exec to Promote Bitcoin SV in Japan and South Korea  
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Contents

Former SBI Group executive Jerry David Chan will take a leading role in Bitcoin Association to promote Bitcoin SV in Japan, South Korea and other Asian countries. His effort could boost the adoption of BSV in this region.

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Fulfilling Bitcoin’s destiny

Jerry, who has more than 14 years of experience in traditional finance under his belt, will undoubtedly be a valuable addition to Bitcoin Association. Prior to landing a new job, he spearheaded the development of Blockchain initiatives at Japanese behemoth SBI Group.

Being a long-term Bitcoin enthusiast, the Bitcoin SV proponent is passionate about turning Bitcoin into ‘the global enterprise Blockchain.’

Jerry believes that the potential application of BSV could be valuable for society.      

Jerry is one of the most impressive and well-reasoned professionals working in Bitcoin, and enthusiastically supports the Satoshi Vision,” says Jimmy Nguyen, the president of Bitcoin Association.

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The scalability debate 

The BSV-cheerleading organization presents BSV as ‘the real Bitcoin,’ thus living up to the vision of Satoshi Nakamoto, the man who started it all. Their main talking point is that Bitcoin is not scalable enough to see mainstream adoption.

Bitcoin SV is able to deal with this significant bottleneck by increasing the block size limit to 128 MB (for comparison, Bitcoin’s block size is limited to 1 MB). 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Nationwide Blockchain of China Finally Preparing for Launch

  •  Denis Sinyavskiy
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    China launching nationwide blockchain service in beta mode until March 2020. It must push forward digital economy and smart cities

Nationwide Blockchain of China Finally Preparing for Launch
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China continues to take steps toward the digital economy and smart cities by officially releasing a nationwide blockchain service network, XINHUANET says.

Blockchain service network expectations

UnionPay, State Information Center (SIC), China Mobile and three other organizations worked on a system that will help China lead the blockchain technology market. Blockchain beta testing has already been announced and will last until March 2020, and all content and services will be available for free till that date.

BSN is expected to accelerate the development of digital technology and smart cities, as well as foster the development of new technology and industries.

What about CBDC?

Earlier, U.Today reported, that China has come close to creating its own cryptocurrency and may even launch it this fall, but then there was information that the national digital currency will appear later.

But China will not become the first country to introduce a national cryptocurrency. The Kingdom of Bhutan has already done it this month, as we already reported.

So, what do you think? Does the launch of China's national blockchain mean that the country will become a leader? Write what you think about this in the comments section!

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About the author

Starting with a simple interest in cryptocurrency, over the past two years, Denis has worked in a cryptocurrency fund and become an author with an analytical bias. His engineering degree helps with the analysis of the technical part of the cryptocurrency market. As a fan of cryptocurrency, Denis believes that the blockchain technology is the future.

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