June 28, the Hangzhou Internet Court has made a public pronouncement on a case involving a dispute over the infringement on the copyright of disseminate information over the Internet. It is also the first time for a court to confirme the blockchain-based electronic data can be used as evidence...
The People’s Bank of China (PBoC) has filed four new patents centering on digital currency wallet, another step forward for its planned digital currency. The filings are for a digital wallet that would enable users to securely check their financial transactions and manage digital currenc...
Ant Financial (formerly known as Alipay), the payment affiliate of Chinese e-commerce giant Alibaba, has trialed its first cross-border remittances between Hong Kong and the Philippines, a move touted as the first mobile wallet-based money transfer supported by blockchain technology. I...
As of June 22, there are more than 11,000 crypto exchanges trading 1,604 cryptocurrencies, with the total crypto market cap shrinking to less than $300 billion, according coinmarketcap.com. According to data, the top 10 crypto exchanges rake in as much $3 million in fees a day, or heading ...
EOS tops the public blockchain in the cryptocurrency space, while bitcoin, the original and largest cryptocurrency, is ranked 17th, according to the Chinese government’s second monthly Global Public Blockchain Assessment Index released on June 20. The index was created and released by...
Openings for blockchain related positions have surged since the second half of 2017. Last November saw it in all-time-high demand. Roughly 300k vacancies were filled in a half year, among which many are taken by professionals from private equity and venture capital field, according to data from ...
China will establish a state-level digital currency exchange backed by the government? We cannot rule out the possibility. Chong Qing Municipal Commission of Economy and Informatization issued a statement on its website Thursday night, saying the city plans to establish a blockchain-base...
JD Finance, a subsidiary of Chinese e-commerce giant JD.com has released plans on Wednesday to issue asset-backed securities (ABS) on a blockchain.According to Securities Times, an outlet of the China Securities Regulatory Commission (CSRC), JD Finance’s ABS will be the u...
China is so enamored with digital currency now, the one issued by central bank and backed by the central government, although they country shows hostility to ICO and all those cryptocurrencies that are created by private firms. But what will China’s central bank digital currency(CBD...
South Korea’s banks are preparing to upgrade the way they verify their customers’ identities. The Korea Federation of Banks (KFB) announced that it will release a blockchain based identy verification system in July for usage in retail domenstic banks. Due to the ‘Digital Signatur...
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