China’s National Blockchain Will Change the World

https://finance.yahoo.com/news/china-national-blockchain-change-world-182614309.html Professor Michael Sung is founder and chairman of CarbonBlue Innovations, a tech transfer platform for commercializing internationally sourced blockchain, fintech and digital finance innovation in developing countries. He is also co-director of the Fintech Research Center at the Fanhai International School of Finance at Fudan University.

This week, China will officially launch a major new blockchain initiative called the Blockchain-based Services Network (BSN). The BSN is a critical part of China’s national blockchain strategy that was announced by President Xi in late November 2019, but went largely under the radar as the simultaneous announcement of China’s digital RMB currency, called the DCEP, swept the world by storm. Only recently has the Western media recognized the significance of the BSN, which sees its mainland commercial launch April 25. The portal’s global commercial launch is scheduled for June 25.

Huawei said to tap NEV charging field by launching “HiCharger” DC fast-charging module

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Huawei will reportedly launch on April 24 a new DC fast-charging module product, which will act as a solution to NEV charging infrastructures.

The upcoming solution, dubbed “Huawei HiCharger”, has partnered with several Chinese companies, such as State Grid, Star Charge, China Southern Power Grid Electric Vehicle Service Co.,Ltd., Huashang Sanyou, Titans as well as Dalian Luobinsen, according to a local media outlet.
The release of HiCharger signals Huawei’s beginning of the offensive into NEV charging domain. The leading smart device supplier has repeated in the public its ambition to be a core “increment parts” supplier for intelligent-connected vehicle (ICV) rather than a car manufacturer.

Breakthrough in precision bearing research and development: speed increased by 50%

Although China’s bearing industry has developed rapidly for many years, it has now become the third largest bearing country in the world in terms of bearing output and sales, but the key technology areas still need to be strengthened, especially the gap between the aerospace bearing technology and the first bearing is obvious. 
It is speculated that hybrid ceramic bearings have been initially applied in the field of China’s new turbofan 15 aero engine and transmission.

China’s new solar telescope is for now the biggest in operation

Scientists in southwest China on Tuesday said they had built the world’s second biggest solar telescope, which they say will provide more accurate data and improve forecasting.

With a 1.8-metre aperture, the Chinese Large Solar Telescope (CLST) was developed by the Institute of Optics and Electronics at the Chinese Academy of Sciences in Chengdu, Sichuan province.

The design of the Chinese Large Solar Telescope, which took its first high-resolution images of the solar atmosphere in December. Photo: Handout

Researchers achieve a 10x supercapacitor energy density breakthrough

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Supercapacitors can charge almost instantly, and discharge enormous amounts of power if needed. They could completely erase the Achilles heel of electric vehicles – their slow charging times – if they could hold more energy. And now Chinese and British scientists say they’ve figured out a way to store 10 times more energy per volume than previous supercapacitors.

A team split between University College London and the Chinese Academy of Sciences has released a study and proof of concept of a new supercapacitor design using graphene laminate films and concentrating on the spacing between the layers, the researchers discovering that they could radically boost energy density when they tailored the sizes of pores in the membranes precisely to the size of electrolyte ions.

Using this design, the team says it’s achieved a massive increase in volumetric energy density. Where “similar fast-charging commercial technology” tends to offer around 5-8 watt-hours per liter, this new design has been tested at a record 88.1 Wh/l. The team claims it’s “the highest ever reported energy density for carbon-based supercapacitors.”

The world’s first large, three-engine utility drone

The world’s first large, three-engine utility drone recently made its first flight. Developed by Chengdu-based Tengden Technology Co, the drone is a three-engine variant of Tengden’s twin-engine TB Twin-tailed Scorpion, as this design is a world first for drones. The drone has a width of 20 meters and a length of 11 meters. It is equipped with three piston engines, with one under each wing and one on its tail, enabling it to have a maximum takeoff weight of 3.2 tons and an endurance of 35 hours.The drone has a flight ceiling of 9,500 meters, a max climb rate of 10 meters a second and a top speed of more than 300 kilometers an hour.

Electric vehicles in deep space: China hails its new ion thruster for rockets as the world’s best

China has finished building the world’s most powerful ion thruster and will soon use it to improve the mobility and lifespan of its space assets, according to a state media report this week.

A prototype of China’s new-generation ion thruster, which will be used to improve the mobility and lifespan of its high altitude satellites. Photo: People’s Daily

Researchers at the 502 research institute, which operates under the China Aerospace Science and Technology Corp. in Beijing, have delivered a new-generation Hall-effect thruster unit to Chinese customers in the space industry, the report by the Science and Technology Daily stated.

The machine will outperform all of the ion thrusters used on satellites or spacecraft that are currently in use, it added. The daily is run by the Ministry of Science and Technology.

New wind turbine installation vessel delivered to Chinese company

A self-elevating wind turbine installation vessel has been delivered Thursday to a subsidiary of China Communications Construction Company.

The vessel, developed by Shanghai Zhenhua Heavy Industries Co., Ltd., integrates multiple functions such as large equipment hoisting, installation and transportation.

It is 90 meters long and 40.8 meters wide. With a deck area of 2,400 square meters and a variable load of around 3,200 tonnes, the ship can accommodate three six-megawatt wind turbines or two eight-megawatt wind turbines.

Japan chip industry heavyweight joins China’s Unigroup

Tsinghua Unigroup, one of China’s leading chipmakers, has hired Japanese semiconductor industry veteran Yukio Sakamoto as a senior vice president and also head of the company’s Japan unit.

Sakamoto, 72, served as chief executive of once-leading Japanese chipmaker Elpida Memory, which was established by combining the memory chip units of NEC and Hitachi.

Ex-Elpida CEO forms memory startup

Sakamoto led Elpida for over a decade, from 2002 to 2013, successfully listing the company’s shares on the first section of the Tokyo Stock Exchange in 2004. But the financial crisis and falling chip prices hurt the company’s finances, eventually leading to its bankruptcy in 2012 and its acquisition by U.S. peer Micron Technology the following year.

Besides Sakamoto’s experience, the Chinese government-backed Unigroup likely aims to put his connections in Japan and beyond to work as it expands its reach.

Pay back to United States.