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 ...
Chinese video platform Bilibili has become the latest giant company to implement Non-fungible Token (NFT) technology in China. The company joins Alibaba Group Holding and Tencent Holdings as the leaders in the NFT space in China. However, mindful of the regulations in China, thes...
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...
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...
With the majority of China’s vast government spending copious amounts of time and money into pushing for the development of blockchain technology, it was only a matter of time before the company’s corporations began expressing their interest in the new technology. This was the main theme at the...
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...
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...
Alibaba-affiliated fintech giant Ant Financial has recently set up an X plan to expand its talent pool in blockchain. The plan is intended to grow its reserve of blockchain talents for the next 20 years by cooperating with colleges and universities all over the world. It is learned t...
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...
English
Chinese
