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China’s blockchain project BSN to pilot global CBDC system in 2021
China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN. дальше »
2021-1-16 14:49 | |
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Blockchain powered ‘Smart Brain’ to govern China’s new ‘Aerospace City’
Blockchain firm CyberVein is partnering with the Chinese government to build a blockchain-powered governance system for its aerospace ‘smart city.’ дальше »
2020-9-8 06:54 | |
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Courts in China Are Adopting Blockchain-Based Electronic Seals to Protect Property
China has been aggressively promoting and incorporating blockchain in various private and government sectors. Now, the judiciary system is utilizing blockchain technology where Chinese courts are going to use blockchain-based e-sealing services to protect properties from being damaged. дальше »
2020-7-8 20:44 | |
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Chinese Supply Chain Innovator to Develop Blockchain System for SMEs
The Binance China Blockchain Institute has partnered with a state-level enterprise to jointly develop new digital infrastructure for small and medium enterprises in the country. дальше »
2020-7-4 14:07 | |
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Cambodia’s Central Bank Rolls Out Blockchain Payment System Whitepaper; It’s Not A CBDC
After three years of development, the Cambodian national digital currency may be out later this month, according to a recently released whitepaper. The permissioned blockchain-based payments system differs from the central bank digital currencies, also known as CBDCs, being offered by several states, including China and Russia, the paper states. дальше »
2020-6-22 21:04 | |
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The Digital Yuan will integrate easily with digital payment options like Alipay and Wechat, claims Glen Woo
China’s DCEP may cause little disruption in the country’s present financial system and still... The post The Digital Yuan will integrate easily with digital payment options like Alipay and Wechat, claims Glen Woo appeared first on Coin Journal. дальше »
2020-6-15 14:31 | |
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Digital Yuan’s (DCEP) Ability to Dominate Cash Depends on 4 Keys: Former Bank of China Pres.
China is on the brink of launching its digital yuan for commercial use as the government has already started the pilot run a couple of weeks ago. During the pilot run of the digital yuan or the DC/EP system, the government employees of 4 major cities were given digital yuan in the form of travel […] дальше »
2020-5-7 19:28 | |
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China's DCEP might be a tiered system with financial intermediaries
The Central Bank Digital Currency has been introduced by many nations across the world. China's CBDC, also known as Digital Currency/Electronic Payment [DCEP], was announced to be launched in 2020 andThe post China's DCEP might be a tiered system with financial intermediaries appeared first on AMBCrypto. дальше »
2020-4-20 15:00 | |
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IOST Becomes First Blockchain Project Advertised by Amazon AWS China
IOST’s Blockchain as a Service (BaaS) platform announced on March 20, 2020, that it has strengthened its relationship with AWS China, the global leading cloud computing platform. Amazon Sponsors IOST IOST, a China-based enterprise-level blockchain system, had already announced its launch on the Amazon Web Service (AWS) marketplace last year. дальше »
2020-3-21 18:00 | |
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Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. дальше »
2020-2-18 08:10 | |
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China Files 84 Patents For Central Bank Digital Currency
Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a CBDC. China Serious About CBDC Issuance According to the Financial Times, China’s central bank has filed 84 patents relating to its plans to launch a digital currency electronic payments DCEP system. дальше »
2020-2-13 22:30 | |
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People’s Bank of China Injects $174M Into Economy, More Than Bitcoins Entire Market Cap
While economies all over the world are functioning at a slower pace, central banks are trying to prevent a collapse by flooding more money into their markets, with China injecting the entire Bitcoin (BTC) market cap into the system. дальше »
2020-2-3 19:36 | |
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China Central Bank Injects Entire Bitcoin Market Cap Into its Economy
There is no denying that the economies of the world are slowing down. In order to prevent a complete collapse, central banks are flooding their markets with more money, and China has just injected the entire bitcoin market cap into its system. дальше »
2020-2-3 13:00 | |
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China to use blockchain technology in its new social credit system
Following President Xi Jinping’s decision to embrace blockchain technology, different federal agencies within China stepped forward to abide by the new order. Now, several industry experts held a seminar to create an elaborate digital system of governance. дальше »
2020-1-23 01:00 | |
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China’s Overreaching Social Credit System Makes Room for Bitcoin to Shine
The Chinese government of today is known for several things, but perhaps one of the most prominent will be its consistent efforts to keep control of its people. By launching several initiatives, Beijing has gone well out of its way to ensure that it has its eyes all over the country. дальше »
2020-1-15 09:14 | |
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China Issues Digital Currency Guide for Party Cadres
Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in the country’s financial system. дальше »
2020-1-14 05:30 | |
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Nervos Commits $30 Million to Ecosystem Development
Nervos is giving out $30 million in grants to projects that are committed to building a decentralized community on an open-source blockchain. A Base for Development Nervos Network, a blockchain project based out of China, is preparing to fund internal blockchain development through a grant system. дальше »
2020-1-10 07:41 | |
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Why China sees blockchain as a strategic pillar for the next decade of growth
Matthew Graham is the CEO of Sino Global Capital, a team of Beijing-based investment bankers. China sees blockchain as a key strategic technology pillar critical to the next decade of growth. As it prepares to deploy a state-issued digital currency or DCEP (Digital Currency / Electronic Payment) China has a unique opportunity to take control of its monetary system. дальше »
2020-1-8 22:55 | |
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China's DCEP could be 'better way to circumvent current financial system'
2019 in the cryptocurrency space was pretty much all about Bakkt, Bitcoin's price, Facebook's Libra, and China's state-backed digital currency. While China has been up-and-running in terms of planningThe post China's DCEP could be 'better way to circumvent current financial system' appeared first on AMBCrypto. дальше »
2020-1-3 18:30 | |
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China Takes Another Step Away From USD Hegemony
The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22. дальше »
2020-1-2 11:01 | |
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Bank of China Introduces Blockchain Bond Issuance System, Issues 20 Billion Yuan Bond
One of China’s largest banks has just issued a 20B yuan bond using its blockchain bond issuance system. It is the first time this system has been put to use. A leading bank in China has just used its blockchain bond issuing system for the first time. дальше »
2019-12-9 19:37 | |
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PBoC to Test Crypto Yuan with Telecom Firms, Commercial Banks
People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create a testing ground with the aid of major Chinese companies and banks. дальше »
2019-12-9 12:16 | |
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Crypto Regulations Are Changing Worldwide to Comply With FATF Standards
Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and share data. дальше »
2019-8-12 06:45 | |
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Huawei just announced HarmonyOS, its answer to Android
Huawei just announced a new operating system called Harmony OS at its developer conference in China. The company said the HarmonyOS is a microkernel-based distributed OS for all platforms including mobile phones, wearables, laptops, and televisions. дальше »
2019-8-9 10:19 | |
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Liquidity Difficulties in China: Second Bank Bail-Out Now Reality
Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. дальше »
2019-8-1 13:50 | |
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How Bitcoin Is Subverting The System In China
For a lot of people in China, bitcoin is more than just a trading or investment vehicle. With the oppressive Beijing regime constantly clamping down on the lives of its people, many are turning to BTC to subvert the system. дальше »
2019-7-23 17:00 | |
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Aelf Gets Accredited: Is China Pivoting Back To Crypto?
A Chinese Government agency has provided accreditation to the decentralized cloud-computing network aelf (ELF), marking the first time a project with a cryptocurrency has received official certification by the national government. дальше »
2019-7-23 19:36 | |
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Chinese court upholds legality of Bitcoin ownership, BTC protected by China’s property laws
A court in Hangzhou, China, upheld Bitcoin’s status as “virtual property. ” The ruling reaffirms that Bitcoin is legal to own in China and indicates to holders that they will be protected by the country’s legal system in disputes. дальше »
2019-7-19 06:26 | |
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Billionaire Chamath Palihapitiya says Bitcoin Is The ‘best hedge against the traditional financial system’
The entire world is currently facing economic uncertainties following the ongoing trade wars, the most prominent one being between the United States and China. Investors are therefore seeking alternative assets to gold and the US bonds and bitcoin is gaining traction due to its capacity to maintain a fierce rally amid the harsh economic times. дальше »
2019-7-10 12:01 | |
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YAP CHAIN Receives Exclusive Rights to the Domestic Distribution and System Development of Ingenico POS Devices
Coinspeaker YAP CHAIN Receives Exclusive Rights to the Domestic Distribution and System Development of Ingenico POS DevicesOn June 8th, 2019, the YAP CHAIN Foundation announced that they have obtained exclusive Korean rights to the distribution and development of APOS A8, the best-selling Android POS (Point of Sale) system created by Ingenico (known as LANDI in China). дальше »
2019-6-13 22:22 | |
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PCHAIN to provide blockchain secure service for China Finance Certification Authority
PCHAIN, the multi-chain system which supports Ethereum Virtual Machine (EVM), today announced it has formed strategic cooperation with the China Financial Certification Authority (CFCA). The partnership will provide a digital certification service platform based on PCHAIN for various enterprises and organizations. дальше »
2019-6-11 18:07 | |
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Bitcoin [BTC], Litecoin [LTC], Ethereum and XRP might hike further due to US-China Bond ‘Sell-off’
The US – China trade war has made waves in the present-day financial and trade system. Tom Lee, Co-founder of Fundstrat, recently stated that the situation between the two nations could potentially trigger systematic meltdown, where crypto was “correlated. дальше »
2019-5-31 00:30 | |
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EY built a blockchain for wine snobs to confirm the authenticity of their plonk
Accounting behemoth EY is putting wine on the blockchain. In a press release from last week (spotted by CoinDesk), the company announced it has developed a blockchain-powered platform for tracking the authenticity and origins of wine. дальше »
2019-5-28 12:18 | |
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‘Fraudulent Propoganda’: Co-Founder of China’s Blockchain Uber Slams EOS
By CCN: Weixing Chen, the founder and CEO of Kuaidi Dache, a Chinese taxi-hailing application, has expressed his concerns about crypto assets like EOS in a statement published on Weibo that prioritize scalability. дальше »
2019-5-21 18:00 | |
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Tesla Stock Plunges 22% in 1 Month as Trump Trade Fallout’s Biggest Loser
By CCN: In less than one month, the share price of the Tesla stock has dropped from $273 to $211 by more than 22. 7 percent following the fall out of recent trade discussions. While Tesla bulls remain optimistic about the long-term prospect of the firm, some strategists are concerned about the cash flow of the business and the performance of the company in key markets such as China. дальше »
2019-5-20 15:47 | |
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Bitcoin as a Haven Asset: Investors De-Risking Portfolios Following Dovish Monetary Policies
James Turk of Goldmoney says investors are de-risking their portfolios by pivoting away from bonds and stocks into assets like bitcoin and gold. The banking, investments, and commodities expert speaking to King World News said dovish central banks policies, a weak European banking system, and the U. дальше »
2019-5-16 05:00 | |
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Crumbling Dow Terrifies Wall Street, But China’s Yuan Suffers Collateral Damage
By CCN: The Dow and broader U. S. stock market crashed on Monday after China announced retaliatory tariffs on another $60 billion worth of American-made goods, escalating a brutal trade war that has taken the global financial system by storm. дальше »
2019-5-14 23:05 | |
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WeChat Plans to Stop Merchants From Transacting in Cryptocurrencies
WeChat, the #1 messaging app in China, is also widely used for cryptocurrency transactions. Recently, WeChat Payment has revised the “WeChat Agreement for Payment Service,” which involves the control and regulation of illegal transactions, including cryptocurrency transactions. дальше »
2019-5-9 22:54 | |
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JD.com says putting chickens on the blockchain was great for business
China’s popular online retailer JD. com says sales of free-range chickens have doubled in the past two years, and blockchain technology has played a key role. Its initiative for putting chickens on the blockchain, called “Running Chicken,” sees professional breeders hired by JD. дальше »
2019-4-24 16:42 | |
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Bitcoin is the Hottest Trend on China’s Search Engine, Will Capital Flow In?
On the day Bitcoin price surged over $1,000, it also took the Baidu trend by storm. China’s top internet search engine saw ‘bitcoin’ emerging on the hottest new keyword list. A pointer system on the platform awarded the keyword 9715 points. дальше »
2019-4-4 17:42 | |
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After Ripple, China’s CIPS Now Competes With SWIFT…Departure From US Dollar?
Russian banks have adopted the Chinese CIPS payment system, and the competition from this cross-border platform and Ripple against SWIFT could ultimately lead to the US Dollars being deposed as the leading currency in the world. дальше »
2019-4-2 11:30 | |
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Weiss Rates Ripple and EOS; Best Time to Invest Could be Very Near
A number of industry rating platforms have emerged for crypto assets over the past year or so. China has its own ranking system which largely favours home grown projects and the west has Weiss which claims to be the only financial rating agency that provides grades on cryptocurrencies. дальше »
2019-3-27 11:30 | |
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