Central Bank Digital Currency: The Good, the Bad, and the Ugly
Several countries, including the US and China, are working on their own digital currencies (Central Bank Digital Currency or CBDC). Is this about giving people more freedom over the payments…
Read More »China Is Establishing an Internet Hospital to Minimize Physical Contacts
First internet hospital will be launched in China in early 2021. The institution is going to apply blockchain technology and provide internet medical service using WeChat app.
Read More »‘Sharing Economy’ Startup ShareRing Tapped for China’s Blockchain Service Network
A provider of an ecosystem for the “sharing and rental economy,” ShareRing will join China’s government-backed blockchain initiative.
Read More »China Is Approaching the Release of Digital Yuan by Expanding its Trials
As the idea of issuing the Central Bank Digital Currency (CBDC) is gaining traction worldwide, China makes practical steps to make their digital yuan release closer. Now, the country is…
Read More »China Involved Google and Amazon in Fighting the US Hegemony with Its Blockchain Project
The geopolitical tension between China and the USA seems to be growing as they are trying to compete in various fields including cryptocurrency and distributed ledger technology (DLT). Now, China…
Read More »China’s Blockchain Service Network (BSN) Wants to Unify Blockchains Globally
Blockchain-based Service Network (BSN) a distributed ledger technology (DLT) project launched by Chinese startup, Red Date Technology, with the full backing of the government, is aiming to beat the odds…
Read More »Block Stars: How Beanie Babies Show that Digital Assets Need Smart Regulation
In episode seven of the Block Stars podcast, Ripple CTO David Schwartz is joined by Ripple General Counsel, Stu Alderoty to discuss the current state of global cryptocurrency regulation. David…
Read More »Great Britain is Exploring CBDC; Are They Going to Follow China?
The Bank of England is exploring the possibility of creating its own digital currency. However, it is unlikely that the project is actually implemented before the next couple of years.
Read More »Only Money: Scammers Tricked Over 100 Million Yuan out of Chinese People
The Ouhai police in Wenzhou, China, arrested 10 people belonging to a criminal gang running the Huobi Global Moving Brick Arbitrage HT Chinese Group Community scam project in Telegram. During…
Read More »Europe Is Going to Trial CBDC with Lithuania at the Forefront
Amidst rapid digitization of the world, central banks are making efforts to keep pace. Nevertheless, while Asian countries such as China have been actively developing its Central BankDigital Currencies, Europe…
Read More »