The Chinese electric vehicle manufacturing company Xpeng has joined the growing list of establishments that are deploying Non-Fungible tokens, popularly called NFTs for various purposes. Xpeng’s use of the innovative technology is for marketing purposes while marking the occasion of rollin...
In a move that is largely assumed to be proactive, China’s tech giants, Tencent and Alibaba have modified their NFT rules. These modifications are believed to be aimed at discouraging any moves by Chinese regulators to crack down on the emerging industry. Top among the concerns of the ...
The largest English-language newspaper in Hong Kong, the 118-year-old South China Morning Post, announced that it will issue its own NFTs. The oldest running Hong Kong newspapers published a whitepaper detailing the upcoming NFTs and explaining, in detail, what the NTFs will repr...
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...
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