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Category Archives: Blockchain

China to Make “Fastest Progress” With Blockchain in 2021

Oct 30, 2020

Olusegun Ogundeji

Top American market research company which provides advice on existing and potential impact of technology has dubbed 2020 "a year of reckoning" for blockchain or distributed ledger technology (DLT) while 2021 will see China "make the fastest progress" as they predict that the majority of netwo...

Dual Offline Wallet for China’s CBDC is Ready for Test

Oct 23, 2020

Vincent He

“The "dual offline" wallet has been fully developed and having friendly user experience. The wallet is expected to be applied in the follow-up pilot” Said Changchun Mu, the director of the Chinese Institute of CBDC, the public's enthusiasm in participating in the digital yuan pilot pro...

US Not in Race With China to Issue CBDC

Oct 20, 2020

Olusegun Ogundeji

The U.S. has made its stance clear on the country's intention regarding the issuance of a central bank digital currency (CBDC): the world's largest economy is not in a race to issue a digital version of the U.S. dollar and will do it when deemed appropriate. The clarity was presented by th...