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Matthew Graham Profile picture
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2 Mar, 4 tweets, 1 min read
this map of the United States that made it onto a Sri Lankan local TV station gives me the same feeling as when I listen to American pundits talking about China Image
*this definitely also applies to Chinese news talking about the United States
an alarmingly high percentage of y’all including if not especially Americans seem fine with this map
the Western version you needed

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Matthew Graham Profile picture
22 Jul 20
0) Last week the Beijing municipal government released a 145 page document outlining its vision for utilizing blockchain to create a "programmable government". We read the doc so you don't have to. Here's what's important. THREAD
1) Background: In a speech at the 18th Collective Study of the CPC Central Committee Political Bureau, President Xi Jinping emphasized the use of blockchain as an important breakthrough for independent innovation of core technologies.
2) Since then Beijing municipal government has set up a special blockchain working group to comprehensively promote the development of blockchain in terms of innovation, technological breakthroughs, application demonstrations, industry cultivation and talent training.
Read 62 tweets
Matthew Graham Profile picture
12 May 20
Consensus 2020: Macroeconomics and Institutional Adoption
1) Why China Matters
2) China intends to project global leadership through tech
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Matthew Graham Profile picture
29 Apr 20
0) One of the most important topics you don’t understand about blockchain in China is BSN. Let’s talk about it. At a high level, it’s a consortium of influential companies that are building a kind of AWS for blockchain infrastructure. THREAD
1) Background: The Blockchain-based Services Network (BSN) is a “cross-cloud, cross-portal, cross-framework global infrastructure network used to deploy and operate all types of blockchain applications.”
2) From the white paper, the objective of BSN is to “change the existing problem of the high cost of developing and deploying blockchain applications…”
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Matthew Graham Profile picture
15 Apr 20
DCEP thread in advance of our 10 AM EST Twitter AMA
1) A DCEP wallet application from a test that included the Agricultural Bank of China was inadvertently published.  It’s important as it’s the first time we’ve seen pictures of the working DCEP wallet application, which is rumored to have a targeted late 2020 release date.
2) The pictures show that progress on DCEP is being made and clarified some key details about the development process, players, geographies, and functionality of the system.  Let’s go through what we learned…
Read 19 tweets
Matthew Graham Profile picture
1 Feb 20
0) By request, a thread on some of the details of DCEP’s technical architecture that have emerged in recent days.
1) Some background:  We previously knew this would be a two-tier system.  Tier 1 connecting PBOC to commercial banks and tier 2 commercial banks connecting to retail markets. We didn’t have much information on the technical implementation.
2) Unsurprisingly, it is now confirmed that many aspects of DCEP will be highly centralized. Three reasons are outlined for such centralization.
Read 23 tweets
Matthew Graham Profile picture
4 Dec 19
Thread on the recent and quite significant China blockchain developments in Hainan, by request.
1) China’s first blockchain pilot zone officially opened in Haikou in Hainan Province in Oct 2018, known as the Hainan Free Trade Zone (FTZ) Blockchain Pilot Zone. Hainan Island was designated as China’s 12th free-trade zone by Chinese President Xi in April last year.*
*Fun fact, the first tweet’s content was censored on WeChat in our team’s internal communications when we used Xi Jinping’s full name. When we changed to “President Xi”, the message went through.
Read 23 tweets

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