21: China's ICO ban with Patrick Dai

China Tech Talk

English - September 18, 2017 01:52 - 47 minutes - 43.6 MB - ★★★★★ - 43 ratings
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Previous Episode: 20: Alipay vs WeChat and why smile to pay matters

Next Episode: 22: P2P lending, retail banking, and the future of online services with Ling Kong

This week, John speaks with Patrick Dai, co-founder & chairman of Qtum foundation, about:

What ICOs are
Why companies want to do ICOs
How many ICOs are fraudulent
Why the Chinese government banned ICOs
How long the ban will last
How this will affect blockchain companies and applications