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fosun

China’s Largest Private Conglomerate Makes Major Investment in Blockchain Startup

Fosun Group, China’s largest private conglomerate, has made a large investment in Shanghai Distributed Technologies Co. Ltd., the parent company of the blockchain startup Onchain. Onchain is developing systems to provide distributed ledger technology to a broad spectrum of entities. Interest in blockchain applications is growing rapidly in China, and this move is a signal…

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Point-Of-Sale Services Moving Quickly to Make Cryptocurrency Mainstream

Since the introduction of Bitcoin, technologies and services have gradually improved the ease of acquisition and use of cryptocurrency. Currently, purchasing crypto has never been easier, and thousands of businesses accept it for payment. Moving cryptocurrency into the mainstream will require a continuation of this trend. A number of companies are quietly making crypto more…

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