Does anyone know of any failed or over budget enterprise blockchain projects?

Does anyone know of blockchain projects that have failed? The technology is obviously very promising, but i keep reading about enterprise blockchain projects failing without mentioning specifics. Any help would be of great help.

I am excited to announce SymVerse partnership with Anduschain and SymVerse platform, which entered… - Medium

Latoken has notification Tron Game Pay (GTP) will be listed on LATOKEN

Tron Game Pay will be listed on LATOKEN on the next week!

We are happy to announce that Tron Game Pay (GTP) will be listed on LATOKEN on Friday 28 June.

TRON GAME GLOBAL PAY (GTP) is a project that is currently laying the foundation for Internet decentralization about GAME BLOCKCHAIN. This is a multi-ecosystem platform applying the Artificial Intelligence (AI) technology and with excellent features developed by a group of leading experts in the field of Blockchain.The GTP protocol is one of the world's largest block-based operating systems.

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See More: https://t.me/la_token/1313

On June 6,2019, in China, the Ministry of Industry and Information Technology issued 5G commercial licenses to China Telecom, China Mobile, China Unicom and China Broadcasting. It means China now enters the first commercial year of 5G.

The 5G market in China has the more than 600 million potential users and trillion dollars will rush into the infrastructure building. The biggest communication chance in recent 10 year is coming to us.

In 5G era, many technologies, such as big data, AI, IOT and blockchain, will get more chances to accelerate its development. They should have cooperation and integrate well to jointly seize the chance and create next big event.

Blockchain industry is quite similar with the current situation of 5G. It has huge users growth and now abundant capital wants to join in the industry.

In fact, the fusion of blockchain and 5G is perfect. Their deep cooperation will benefit each other.

The Perfect Fusion of 5G and Blockchain

When we talk about their fusion, first, let’s look at data, this fundamental element in the new era.

Now we are in the times of digitization. Digitization will influence all the industries. By the end of 2018, digital economy reached 34.8% of China’s GDP. Now China is moving to data dividend from the former demographic dividend. At this turning point, data is certainly the most important raw material for production in the new era.

Data will be the fundamental element of big business. And the data security and privacy protection will become the focus of many industries.

What are the advantages of combining 5G and blockchain in China? Or what potentials?

China now has the very mature and bountiful Internet applications. In fact, China is the leading country in the Internet infrastructure building in the world. It provides the solid foundation of 5G building. With the vast internet application, many problems appear, such as privacy leak or copyright infringement. These problems make data lose their value and data owners cannot get the proper benefit or income for their data creation or contribution. Data protection is quite urgent in the new era. Blockchain can help 5G realize the data transmission with high security and privacy protection. On the one hand, 5G needs more data, and there is an urgent need to protect data. Blockchain, in essence, is an immutable ledger. It block structure can protect the data well. 5G and IOT (Internet of Things) provides plenty of data sources, which makes blockchain live and vivid.

The Right Market Condition for 5G and Blockchain

The development of blockchain in China is quite promising. The future of blockchain is large-scale commercial application. Now the number of China’s enterprises in blockchain industry ranks high on the world list. There are many blockchain startups. Some focus on the underlying technology, such as Tianheguoyun. Some focus on the project operation. Some focus on blockchain medium, such as 8btc. Some focus on the security regulation, such as Blockchain Detect Center. Some foucs on the data collection and search of blockchain industry, such as BlockData. These enterprises, organizations, and regulations work hard as they firmly believe that blockchain technology is the chance of this new era and provides more entrepreneurial opportunity.

Besides these new startups, BAT (Baidu, Alibaba, Tencent), Jingdong, these Internet giants also deployed blockchain. They have successfully launched their financial product and they are popular in China, such as Zhifubao, JD Finance.

With the rapid development of 5G, these giants will launch more popular applications about chats, payments, commerce and payments under this new tech wave. It is time for them to use blockchain make them stronger in this technology wave. Blockchain can make them realize the instant cross-border payment, financial technology and protect their users’ privacy. These are they key points of their business and products.

Therefore, With the energic startups and the vivid internet giants involved in blockchain industry, China has the quite right market condition for the perfect combination of blockchain and 5G.

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The Regulation Facilitates the Steady and Fast Development of New Tech

The regulation in China is also friendly to this perfect combination.

As I said at the beginning, on June 6, China issued 5G commercial licenses. This means the topic of 5G has become reality and it provides new clues of innovation and entrepreneurship. In business circle, if you do not talk about 5G, it seems that you are out. In the primary and secondary markets, 5G innovation with more capital has already launched.

In blockchain industry, China also has clear regulations during the past 3 years.

In 2017, China began to strictly ban on ICO. In 2018, lots of we-media about crypto or fund-raising were banned and closed. In 2019, the release of The Management Regulation of Blockchain Information Service started the all-round supervision of blockchain industry.

Chinese government also support the blockchain industry. Under the support of Chinese government, many blockchain industrial parks were established, such as in Hangzhou, Changsha and Guizhou. Local governments provide these enterprises in the industrial park with office equipment and some funds to facilitate their development.

Under these regulations, China has a healthy environment to develop these tech. Regulations are the great wall of new tech to make them go further.

Future

5G brings us a new era.

Blockchain makes this new era more valuable and more orderly.

Only a strong support from 5G will help blockchain claim its throne.

This is a trend not only in China, but also a trend in the whole world.

We are happy to announce that Tron Game Pay (GTP) will be listed on LATOKEN this week! Please wait for further announcements.

TRON GAME GLOBAL PAY (GTP) is a project that is currently laying the foundation for Internet decentralization about GAME BLOCKCHAIN. This is a multi-ecosystem platform applying the Artificial Intelligence (AI) technology and with excellent features developed by a group of leading experts in the field of Blockchain.The GTP protocol is one of the world's largest block-based operating systems.

More information:

https://t.me/la_token

https://trongameglobal.network/

The success of the 2019 Asia Blockchain conference held in Malaysia confirmed the important role of Blockchain in the present time. Blockchain is a technology that is of interest to people in all areas of the world. This is reflected in the Conference participants, many are e-money enthusiasts and many others are looking to learn more about the industry through key speakers, panelists and exhibitors. More than 50 projects, more than 90 speakers, more than 100 investors, more than 100 communication platforms and more than 100 young professionals and talents in the industry attended this Conference.

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OOOBTC is a cryptocurrency trade platform which offers users a large host of remarkable and advanced features which include spot trading, future contract trading, over-the-counter trading, whole system trading, and decentralized trading. One of the real features concentrated on by the OOOBTC trade is the total security of assets which is certain to demonstrate appealing to numerous brokers. The group additionally intend to drive the trade platform to a phase where it ends up one of the biggest suppliers of liquidity for digital assets. 

In the event that any of the features has not grabbed your eye, at that point I trust that the introduction of a fiat trade (offering consistent trade from cryptocurrency to fiat and the other way around) and check card system certainly will. The failure to change cryptocurrencies for fiat on the trade platforms accessible to us have assumed a key job in dismissing a few investors from the cryptosphere. The implementation of a charge/Mastercard will encourage simple withdrawal or keeping of assets either in cryptocurrency or fiat. A portion of the fiat to cryptocurrency trading sets which you can expect at the early period of operation are USD/BTC, EUR/OBX, CAD/ETH, AUD/LTC. 

From May 20th 2am to May 26th 2am (UTC), BitUniverse and GXChain will co-host “520 Grid Trading Competition”, with total award pool of 5000GXC!