Subscribe to Our Newsletter
Tuesday May 17, 2022
Bitcoin (BTC) $30,046.00   Ether (ETH) $2,045.49
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Swap USDT (TRC20) Instantly
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Changelly
CryptoNinjas
Home Blockchain Technology

Western blockchain investors knock on the door of Chinese crypto scene

Published by CryptoNinjas.net
11/14/2019
Western blockchain investors knock on the door of Chinese crypto scene

Jamie Burke CEO of Outlier Ventures was keynote speaker at 8BTC's World Blockchain Conference

President Xi of China’s announcement that blockchain should be a strategic goal has accelerated the expansion of Outlier Ventures, Europe’s first venture firm and incubator dedicated to blockchain technology – into China, promising the early indicators for thawing of crypto winter.

The announcement from President Xi Jinping, that blockchain should be a strategic goal for China, ahead of their state-backed digital currency sent all of the blockchain-related equities on the mainland surging, hitting the 10% daily increase limit and seeing a ‘China premium’ of 30%+ added to all related assets. China is “imminently” to launch the DCEP — the Digital Currency Electronic Payment — as a domestic stablecoin, fully backed 1-1 to the Chinese renminbi and provinces have begun to offer finance and support for blockchain projects.

Xi’s view for China to “seize the opportunity” afforded by blockchain technology came as no surprise to Outlier Ventures who is committed to China’s potential and the opportunity to bridge the gap between Europe and China. The prospect of helping Chinese investors and projects access the overseas market is an unparalleled opportunity for the global investment platform. Whilst the hub for deep tech is often associated with the west, it is the Chinese market that is adopting this new technology and creating interesting, new commercial models to support it.

Outlier Ventures in China

Outlier made Asia a key strategic pillar at the beginning of this year. They have become a trusted friend and partner to leading regional VCs as well as leading Chinese conglomerates leading in blockchain in domains like mobility and industrial environments.

Their CEO Jamie Burke was invited to be an opening keynote speaker at 8BTC’s World Blockchain Conference Wuzhen to over 4,000 attendees including several national and regional government organizations alongside the blockchain leads of Ant Financial, Baidu, China Telecom and Huawei.

Outlier made several announcements including their launch of a Chinese office in 2020 and a three-city tour (Shanghai, Beijing, Hangzhou) in December in association with CASH Capital, a holding company that manages the operational assets of Chinese Academy of Sciences (the world’s largest scientific research institute). They will join leading Chinese players FBG Capital to talk about blockchain’s importance to China with several western projects from their Convergence Stack including their first Chinese protocol Sperax which connects IoT hardware to the stack. He also discussed their intention to work with regional Chinese innovation and research centers to invest in joint R&D with protocols from The Stack as well as leading academic institutions interested in blockchain, AI and autonomous systems.

“The Chinese vision for blockchain technology in many ways is similar to a private blockchain being used in an enterprise environment. As an open stack, The Convergence Stack would look to integrate into and become interoperable with it in the same way it would with a private instance of any of its core protocols or say R3, Libra or even centralized ERP cloud vendors. I would argue The CStack will be the universal bridge as a global digital commodities layer that will containerize value production and flow between all these protected sovereignties be that national or corporate. We are committed to working with China on this exciting new phase in digitizing and growing the global economy. Whilst blockchain is very much in the trough of disillusionment at the moment this is where Amazons and Google get built in the technology cycle. With Facebook and the Chinese Govt entering the space it is increasingly difficult to not be long-term bullish on the potential of technology, even for the most ardent of skeptics. As more widely accepted fundamental analysis comes to the asset class and more indices track it we expect price a new blue-chip token class to emerge and price to increasingly follow real traction.’’
– Jamie Burke, CEO of Outlier Ventures

68
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Crypto management platform Finoa aligns with Outlier Ventures to grow web3 startups

03/30/2022
Crypto management platform Finoa aligns with Outlier Ventures to grow web3 startups

Finoa, a Europe-based crypto provider offering custody and staking products, announced today the start of collaboration with Outlier Ventures, a venture fund and accelerator platform focused on blockchain. Through this collaboration, Finoa will support...

Read more

Outlier Ventures opens applications for new Polygon x Base Camp Accelerator

10/18/2021
Outlier Ventures opens applications for new Polygon x Base Camp Accelerator

Outlier Ventures, the European blockchain accelerator ecosystem, today announced that Polygon, the Ethereum scaling platform - has been chosen for Outlier's latest Base Camp Accelerator program. To date, Outlier Ventures has accelerated more than...

Read more

Outlier Ventures launches new accelerater for projects leveraging Filecoin

07/07/2021
Outlier Ventures launches new accelerater for projects leveraging Filecoin

Outlier Ventures, a blockchain investment and accelerator network, announced it has teamed up with Protocol Labs to launch the Filecoin Base Camp, its first-ever collaboration accelerator that will fast track the development of 40...

Read more

Boson Protocol and Outlier Ventures outline framework for decentralized ecommerce ecosystem

04/27/2021
Boson Protocol and Outlier Ventures outline framework for decentralized ecommerce ecosystem

Following extensive joint research, Boson Protocol, the project building a capture resistant dCommerce ecosystem using NFTs encoded with game theory, and European venture capital firm Outlier Ventures, have released a formative report outlining the...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Hedera launchpad platform HederaStarter to launch its native token via IDO on May 19

Hedera launchpad platform HederaStarter to hold IDO May 19 to establish HSTART token

05/11/2022
Aussie crypto exchange CoinJar rolls our improved platform design

Aussie crypto exchange CoinJar rolls out improved platform design

05/10/2022
Crypto platform Bitpanda introduces staking functionality on 11 cryptocurrencies

Crypto exchange Bitpanda introduces staking on 11 cryptocurrencies

05/10/2022
Blockchain analytics provider Nansen integrates and invests in DeFi data app APY.vision 

Blockchain analytics provider Nansen integrates and invests in DeFi data app APY.vision 

05/12/2022
COTI links with Cardashift to accelerate social & environmental projects using Djed stablecoin

COTI links with Cardashift to accelerate social & environmental projects using Djed stablecoin

05/16/2022
Blockchain infrastructure platform QuickNode acquires NFT analytics provider icy.tools

Blockchain infrastructure platform QuickNode acquires NFT analytics provider icy.tools

05/16/2022
Asia cypto margin trading app MoonXBT integrates XanPool's fiat gateway

Asia crypto margin trading app MoonXBT integrates XanPool’s fiat gateway

05/12/2022
Blockchain analytics provider Nansen integrates and invests in DeFi data app APY.vision 

Blockchain analytics provider Nansen integrates and invests in DeFi data app APY.vision 

05/12/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version