The design concept and technologies behind the development and testing of the Digital Currency Electronic Payment (DC/EP) platform pioneered by the People’s Bank of China (PBoC) are worth studying by the Bank of Japan (BoJ) as the Japanese central bank, like several others, e...
The latest news coming out of Chine confirm that not only has the country gone a long way ahead in its central bank digital currency development but that it has already begun conducting extensive tests on the everyday use of the upcoming digital yuan. According to a local report, several large...
Firms that are timely prepared for the rollout of China’s digital currency electronic payment (DC/EP) project stand to benefit in about five ways from the effect it will have on the global economy, two authors have shared on the London School of Economic Business Review blog page. Jem...
The number of blockchain unicorns this year seems to fail to swell higher from last year as most industry watchers expect, according to the Hurun Global Unicorn Index 2020. Research firm Hurun published its second-year list of global unicorns for 2020 on Tuesday August 4, ranking the wor...
The People's Bank of China (PBoC) and the Asian Development Bank (ADB) are among institutions that have thrown their weight behind an initiative that is meant to highlight the potential for new technologies to enhance trade finance (TradeTech) mechanisms. The TechChallenge, pu...
Is TVL really the most valuable metric in DeFi? Compound’s COMP token recently triggered a massive yield farming effect within the DeFi ecosystem. Numerous headlines suggested the category had reached an all-time high value. According to defipulse.com, the DeFi sector has now s...
The governments of China and the U.S. frame digital currency as part of their great-power competition, but instead they should work on this technology together. Today, the relationship between China and the United States is one of escalating competition. On Oct. 23, 2019, Faceb...
The wave of aggressive blockchainification in China has reached the southwestern province of Guizhou, where local reports have shown that a new international trading platform was recently deployed. While launching various digital services is barely considered news in China, the move from Guizh...
Another major blockchain development plan is underway in China, this time in the city of Suzhou. According to an official announcement from Cypherium, an enterprise-level blockchain platform, the company has signed a memorandum of understanding (MOU) with the Suzhou City Municipality. Th...
The time for China to focus more on using its own financial messaging network to settle cross-border transactions in the mainland, Hong Kong and Macau is near, a new report by BOC International (BOCI) has suggested. Co-authored by a former director of the international payments departm...
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