Many countries may be pursuing a central bank digital currency (CBDC) now but top consulting firm, Deloitte says the dominance of tech giants Alibaba and WeChat will make China’s version different. “In fact, introducing a CBDC in China would differ from other countries due to th...
After numerous pilot projects taking place across the country testing out the burgeoning new technology, the city of Hangzhou has announced a real blockchain-based application. According to a report from China News, the 2022 Asian Games set to take place in Hangzhou will have tickets that wi...
On Aug 25, AliBaba’s AntGroup submitted the prospectus to the Shanghai Stock Exchange, the Chinese giant simultaneously submitted the A1 application proof to the Hong Kong stock exchange. The keyword “blockchain” has been mentioned in the prospectus as many as 130 times, which ...
Parallel to the massive government-led initiative to boost blockchain development in the country, Chinese private companies are also taking the lead when it comes to blockchain. The latest significant progress in this regard comes from Ant Group, a subsidiary of Alibaba. According to a repo...
The top stories from the Chinese cryptocurrency sphere this past week includes: China’s Supreme Court recommends strengthening cryptocurrency property rights; China’s central bank issues new standards for blockchain fintech applications; Alibaba launched Antchain blockchain solution… C...
China's edge in the blockchain space has seen a boost with AliBaba's Ant Group launch of AntChain as a new technology brand for the company’s blockchain-based solutions on Thursday July 23. Formerly known as Ant Blockchain, the platform founded in 2016 has since covered over 40 field...
The global shipping industry is set to see a massive, top-to-bottom digital transformation thanks in large to the latest partnerships established in the ecosystem. According to reports from the Wall Street Journal, China’s state-run container line Cosco Shipping Holdings has signed a partn...
With new cases of blockchain use emerging almost every day around the world, we are yet to see how blockchain technology will be changing our daily life. While large corporations have been stepping efforts to build their blockchain IP portfolios. Among them, China’s e-commerce giant Aliba...
Chinese smartphone and electronics giant Xiaomi has recently set up a joint venture with a registered capital of 66 million yuan, which will particularly focus on new business areas involving blockchain, artificial intelligence (AI) and big data. The Hong Kong-listed company has been eyein...
Alibaba DAMO Academy, the e-commerce giant’s $15 billion global research institution, published its prediction of 10 key trends that will hit their stride in the new year on Thursday Jan. 2. From AI, chip and cloud computing to blockchain and quantum computing, DAMO (whose initi...
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