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CoinDesk Podcast Network

EOS The World Turns

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 27 August 2018

⏱️ 11 minutes

🧾️ Download transcript

Summary

Transcript

Click on a timestamp to play from that location

0:00.0

China is ramping up its crypto content censorship.

0:04.8

Good evening. I'm Stan Higgins, and this is late confirmation from CoinDesk, bringing you the

0:10.1

top stories from August 27. A blockchain project spearheaded by NEX group is facing questions over its

0:16.7

future, and one of the biggest airlines in Russia has piloted a blockchain system for collecting

0:22.0

data on plane refueling. And we'll finish up today's podcast by speaking with Coin Desk

0:27.0

reporter David Floyd about EOS and a community bid to create a long-promised voting system.

0:33.2

But first, a word from our sponsor, Saeed Business School, University of Oxford.

0:42.8

You can now study blockchain entirely online with Oxford University's Saeed Business School.

0:47.4

Find out more about the six-week online program that gives you a fundamental understanding of blockchain and its implications and effects on your business strategy.

0:51.9

Learn more by visiting Oxfordexecblockchain.com.

0:56.7

Search giant Baidu is planning to censor some of the crypto discussions taking place on its

1:01.2

Reddit-like platform. As CoinDest reported previously, popular apps in China like WeChat have moved

1:06.7

to block the accounts of crypto media publications in light of new government regulations.

1:11.8

Now, Baidu is planning to restrict crypto-related topics on Baidu-Taba, which launched in 2003

1:17.7

and is China's largest online discussion platform. At least two such forms on the platform

1:23.1

have already been blocked, with the digital currency and virtual currency subforms already being made

1:28.6

unavailable. Searching for these keywords triggers a statement saying, this forum is temporarily

1:34.1

closed due to relevant laws, regulations, and policies. A representative hinted that these

1:39.7

sub-forms were suspected of promoting initial coin offerings, which are banned in China, as well as centering around cryptocurrency speculation.

1:47.7

However, sub-forms with topics like Bitcoin, Ethereum, and Bitcoin mining are still available.

1:58.0

Former employees of NEX Group say the company's $31 million blockchain project, known as Infinity, is in peril.

2:05.4

The project was intended to offer a one-stop financial services platform with machine learning and artificial intelligence.

...

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