Hot search keywords

Hot search keywords

Category Archives: Blockchain

China Announces New DCEP Pilot and Lottery in Suzhou

Dec 8, 2020

After conducting a hugely successful trial of its upcoming digital yuan wallet this fall, China has set its sights on more large-scale trials of the new payment system. According to a report from Asia Nikkei, the Chinese government will be expanding the trials of its DCEP payment system th...

JD.com Breaks New Grounds With China’s CBDC Involvement

Dec 7, 2020

Olusegun Ogundeji

The proposed testing of China’s central bank digital currency (CBDC) in Suzhou is going to involve the fintech arm of JD.com accepting digital yuan as payment for some products on its online mall, the Chinese e-commerce company has said. JD Digits will participate in the Suzhou pro...

Alibaba, WeChat Dominance to Make China’s CBDC Different

Dec 3, 2020

Olusegun Ogundeji

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...