2020-6-23 16:00 |
China’s Blockchain Service Network, made up of some of the leading technology companies, is integrating Chainlink’s data oracles.
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China’s Blockchain Service Network (BSN) has announced the use of Chainlink oracles. With this, the BSN is allowing enable government and enterprise data to flow across its IRITA interchain service hub.
2020-6-23 20:50 | |
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Chainlink will help the state-backed Blockchain-Based Service Network with oracles, and Cosmos-powered Irisnet will assist with interoperability.
2020-6-23 16:00 | |
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A new oracle is in town, and it’s brought a few friends with it. Band Protocol has integrated financial data from CoinGecko, DeSquare, Woodstock Fund and a staking pool in China to its oracles feed.
2019-10-24 17:16 | |
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Band Protocol, a Sequoia-backed data oracle platform that allows decentralized applications (dApp) to tap into off-chain information, has integrated financial data from CoinGecko, DeSquare, Woodstock Fund, and one of the largest staking pools in China to their feed.
2019-10-22 15:00 | |
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The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan.
A shift in the digital currency environment may occur due to Russia's latest decision to utilize the Chinese yuan instead of the U.S. dollar in trade settlements with nations in Asia, Africa, and South America.
Recent events in China indicate the country’s paradigm shift concerning digital currency. The digital yuan (e-CNY) is gradually forming a significant part of the Chinese currency through its rapid development.
The 13.61 billion e-CNY represented roughly 0.13% of the 10.47 trillion yuan in circulation at the end of 2022.
Amid the ongoing global CBDCs adoption, China proposes an Asian-wide digital currency to reduce the continent’s economic reliance on the US dollar. USD is unquestionably the most widely used international currency.
PBoC deputy governor Fan Yifei said expanding e-CNY trials to the provinces of Guangdong, Jiangsu, Hebei and Sichuan would happen "at a proper time."
In contrast to many other nations, China has adhered strictly to a zero-COVID policy, resulting in the repeated shutdown and closure of non-essential enterprises in key financial centres such as Shanghai.
