2021-7-8 10:52 |
While Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems. origin »
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China recently proposed a set of global guidelines on central bank digital currencies (CBDC) earlier this Thursday, discussing potential uses and implications of a sovereign digital currency. With the coronavirus pandemic exposing inefficiencies in traditional payment systems, there has been a growing need to digitize legacy financial infrastructure.
2021-3-26 11:28 | |
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Chinese conglomerate Tencent is working with blockchain startup ShareRing to develop a decentralized ledger technology (DLT) base layer for more efficient identity management systems. The move is part of efforts to use the technology to bootstrap a recovery in the travel and tourism sector, which has been one of the hardest-hit industries by the coronavirus […] The post China’s Tencent Partners with ShareRing for Blockchain ID Management appeared first on BeInCrypto.
2020-11-17 16:59 | |
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Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems.
2020-8-13 10:00 | |
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A former vice president of the Bank of China has argued digital currency should replace fiat in the nation's financial systems.
2020-8-4 13:27 | |
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Инфраструктурная блокчейн-платформа (BSN) Государственного информационного центра КНР намерена использовать децентрализованные оракулы компании Chainlink. China’s national Blockchain Services Network (#BSN) is integrating Chainlink as the preferred oracle network to provide @BSNBase systems access to off-chain data.
2020-6-23 17:55 | |
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China’s planned CBDC rollout is expected to see the digital yuan dovetailing with the country’s electronic payment systems.
2020-6-23 14:00 | |
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China Telecom, a leading Chinese telecommunications company, has revealed that blockchain technology will be massively integrated into its 5G systems as the revolutionary tech behind bitcoin (BTC) and altcoins.
2020-5-12 21:07 | |
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With the World Health Organization (WHO) now declaring the Coronavirus a pandemic, the flaws in the traditional monetary systems are beginning to show. Hungary has now decided to quarantine and sanitize banknotes, just as China did when it was suffering during the peak of its outbreak.
2020-3-13 04:10 | |
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China’s central bank, The People’s Bank of China (PBoC), plans to sanitize billions of yuan notes in areas that are worst affected by the coronavirus. The epidemic, which has hit China’s political, economic, and education systems very hard, has pushed the nation’s authorities to take extreme actions to curb the spread of the virus.
2020-2-19 23:20 | |
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With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months.
2020-2-3 07:25 | |
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With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months.
2020-2-3 07:25 | |
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The World Health Organization (WHO) has declared a global health emergency, as the coronavirus rampaged through China. New cases have cropped up globally, particularly in poorer countries with less robust health care systems.
2020-2-2 04:09 | |
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Longest-serving PBoC governor says China will continue to focus on its digital yuan as a mechanism for domestic retail systems and payment
2019-11-27 23:18 | |
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Russia, China and India plan to avoid using SWIFT by connecting their fund transferring systems, some in the Ripple community believe XRP will be used for liquidity
2019-10-29 13:20 | |
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Public schools across the US continue to spend millions implementing AI-powered surveillance solutions alleged to prevent or mitigate violence. The only problem: most of them don’t work. US schools now rival China’s when it comes to ubiquitous surveillance, yet our students remain at the highest risk for violence among developed nations.
2019-7-24 01:18 | |
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Ever Since Libra was unveiled, it has attracted the attention of several people, from analysts to the US Congress, regulators and most recently, the Asian giant, China. Reports say that China is looking to develop its own digital currency because Libra poses a massive risk to global financial and monetary systems.
2019-7-10 18:37 | |
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Chinese programmers will now be able to learn about blockchain development from the largest platform dedicated to IT education in the country. Jikexueyuan. com currently boasts more 600,000 active members.
2019-6-21 02:00 | |
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It seems we can’t go more than a week without news of a new cryptocurrency mining malware or botnet being discovered. This time, security researchers have uncovered another Monero mining botnet that’s targeting China.
2019-6-13 16:02 | |
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By CCN: Gaining an eye-popping 135%, bitcoin has smoked even the most impressive U. S. stocks this year. Even if you take the top performers from the Dow Jones Industrial Average, S&P 500, and Nasdaq – which are Cisco Systems (CSCO), Xerox (XRX), and Beyond Meat (BYND), respectively – they can’t touch BTC/USD for returns.
2019-5-28 22:15 | |
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By CCN. com: In modern times, China has worked to consolidate state power over individuals. Local authorities are trialing systems to control peoples’ social standing, access to jobs, and even where they can go.
2019-5-7 15:53 | |
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Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting.
2019-4-27 22:07 | |
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China hackers set their sights on Tesla to expose just how easy it was to manipulate the Model S. Not only were they able to trick the autopilot systems of the luxury vehicles, but they’ve been able to access them remotely.
2019-4-3 00:19 | |
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While China is known for its harsh rules and regulations regarding the cryptocurrency market – the government has banned ICOs, crypto… The post China Continues Blockchain Adoption: Shenzen (12M Population) Implements Blockchain Into Its Subway Systems appeared first on Invest In Blockchain.
2019-3-21 20:51 | |
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The US Department of Justice (DOJ) today unsealed indictments against a pair of Chinese agents charged with hacking US computer systems from a period spanning 2006 – 2018. Among those successfully targeted was the US Navy.
2018-12-21 02:12 | |
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The Chinese port of Shenzhen is progressing with blockchain initiatives in a major way. After setting up a virtual blockchain exchange and blockchain-based city and port management systems, the municipality looks towards solving the problem of invoicing and customer claims using the technology, reported local publication Economic Daily on December 13, 2018.
2018-12-15 22:00 | |
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Bitcoin was designed in the wake of the 2008 global economic crisis as a way to take control over money away from central authorities such as governments, banks, and other traditional systems. The decentralized design could also prevent communist countries like China from establishing control over their citizen’s money.
2018-12-14 20:00 | |
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Enterprise blockchain project NEM recently entered strategic cooperation with GUBI, the largest artwork database in China. The blockchain will now be used to develop online reviews, identity systems, and other GUBI functions.
2018-12-10 15:59 | |
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The People’s Bank of China (PBoC) has shown extreme confidence in the superiority of fiat systems over cryptocurrencies. China’s central bank refused to acknowledge blockchain and its derivatives as catalysts for financial innovation.
2018-11-12 20:00 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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Even as President Trump feared China’s bitcoin-prowess, the fact is far from the truth it appears as news breaking from local Chinese mining industry reveals that they are shutting down operations in larger numbers.
2018-10-19 22:05 | |
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Like Walmart with pork from China and Maersk with shipping containers, DMG Blockchain Solutions (DMG) is hoping to be the first global supply chain company to manage cannabis products on the blockchain, initially in Canada — and then around the world.
2018-10-18 19:50 | |
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China has successfully launched another two satellites that will be part of its native BeiDou Navigation Satellite System (BDS) – the country’s competitor to the American GPS system. The satellites will bolster China’s ambitious Space Silk Road project – the country’s programme to boost its global revenue from positioning and navigation systems.
2018-10-15 19:03 | |
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Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U.
2018-10-12 18:06 | |
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You don’t need to be an agriculture expert to see the writing on the wall. Current farming methods just aren’t working anymore for most farmers of the world. There are 2 billion smallholder farms managing fewer than five acres (PDF).
2018-10-9 20:10 | |
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Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP).
2018-9-19 00:42 | |
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On the latest episode of The Bitcoin Game, host Rob Mitchell explains the recent trip he took to the World Economic Forum. Based in Davos, Switzerland, this international conference featured a wide number of economic experts and panelists within the international financial industry.
2018-9-12 22:24 | |
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The South China Morning Post on September 10, 2018, reported that where China has traditionally been dependent on third-party notary organizations for authenticating evidence, blockchain records are now admissible in Chinese courts as authorities set up one of the world’s most advanced resolution systems for internet-related disputes.
2018-9-11 19:00 | |
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The ICBC (Industrial and Commercial Bank of China) have announced that they are putting their focus on developing blockchain technology. This is a huge development, when you consider China’s push to integrate the technology of blockchain into financial systems with the ICBC is the largest banking business in the country with over 500 personal customers and more than 5,000 corporate customers.
2018-9-5 16:30 | |
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China’s largest insurance conglomerate by total assets handled, the People’s Insurance Company of China (PICC), has partnered with VeChain, blockchain-based information tracking and governance systems company, with the goal of digitally transforming the insurance industry, according to a press release.
2018-9-4 22:00 | |
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Crypto-Based Tech Firm Secures $24 Billion Deal to Upgrade Chinese Bus Transportation Systems Artificial intelligence, and blockchain powered firm, Seven Stars Cloud (SSC) has revealed plans of a $24 billion deal with the National Transportation Capacity (NTS) to help initiate electric bus upgrades in China.
2018-8-20 22:57 | |
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Local Universities in Hong Kong Awarded $20 Million to Pursue Research Regarding Blockchain-Based Payment Systems Based on a report from China News on August 12th, it seems that Hong Kong does not want to be left behind when it comes to blockchain technology.
2018-8-18 23:59 | |
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Hong Kong’s push for implementing blockchain technology within its fintech prowess is fast progressing. The island country granted $20 million for the research and development of blockchain-based payments systems to several local universities, as reported by China News on August 12, 2018.
2018-8-17 04:00 | |
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Mithril Price Surges after Lit Social Media Partnership Announcement Mithril is a blockchain platform that positions itself as one of the promising payment systems for China. The token price of this platform’s token (MITH), is reflective of how well the project is performing.
2018-7-26 23:17 | |
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Police in China have arrested 20 individuals involved in a cryptojacking scheme that infected more than a million systems and earned them about $2 million.
2018-7-9 16:55 | |
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According to a Chinese language Economic Daily News report, graphics cards and ASIC mining systems are expected to see a short-term surge in orders from the crypto mining sector in Sichuan province, where reportedly over seventy percent of the mining systems are located in China.
2018-7-6 18:50 | |
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Several middle and high schools in China have been utilizing advanced artificial intelligence (AI) and machine learning systems to evaluate the emotions, thoughts, and performance of students in class.
2018-7-3 23:00 | |
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The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.
2018-7-3 23:28 | |
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Crypto payments giant MoonPay has acquired Solana-based payment processor Helio. Helio, known as Solana’s (SOL) leading payment processor, has powered over $1. 5 billion in transactions in just three years.
Cryptocurrency exchange KuCoin just announced KuCoin Pay, which is a new payment platform designed to help merchants accept cryptocurrency transactions. KuCoin Pay is integrated with the KuCoin (KCS) app, which is used by over 37 million people globally. By leveraging…
In the coming years, the use of Bitcoin and hallucinogen will increase, opening up new potentials for the development of human civilization.
Alchemy Pay users can link their virtual cards to Samsung Pay, enabling payments with crypto online and in-store, according to an Oct. 7 announcement. Over 500,000 users of Alchemy Pay’s virtual card can now use their crypto for retail payments in the 24 countries where Samsung Pay is available.
Mercado Bitcoin plans to offer its corporate and retail customers support for international payments, allowing users to transact with Brazilian Reais.
If the AI industry is serious about finding the ‘killer app’ for sustained, long-term adoption, it can’t fade the decentralized payments paradigm.
Paysafe has announced a strategic partnership with Alchemy Pay, a prominent fiat-crypto payment solution provider.