The summer of 2020 witnessed the mania of Decentralized Finance (DeFi) which swept the crypto world with its market value once exceeding US$1 bn and hundreds of billions of digital assets involved in the financial services provided by DeFi products. As the market gradually cools down, you ...
The top stories from the Chinese cryptocurrency sphere this past week include: China Construction Bank to sell $3bn of debt on blockchain, China to set up a new CBDC test zone in Beijing, China’ RCEP deal may be a testbed for blockchain’s maturity in International trade.…… C...
China Construction Bank (CCB), one of the largest banks in China issued digital securities in Malaysia and accepted cryptocurrency purchase, which is an unprecedented pioneering step among traditional Chinese financial institutions. CCB’s action is also the first time for Chinese fu...
After spending the better half of the year heavily investing in the development of blockchain technology, China’s largest institutions seem ready to put their money where their mouth is. According to the latest report from the South China Morning Post, China Construction Bank, one of the ...
To address the various problems encountered in the process of signing a paper contract, JD Digits and ITG (International Trade Group) Holding have announced they will be partnering to jointly build a new digital signing model based on JD’s electronic cloud contract platform. From e...
On October 18th at 22:00 Beijing time, the final deadline for “Red & Blue”, a year-long project by OpenSea, an CryptoArts platform, has come and gone. After a fierce online bidding process, ID GeoffreyX has collected “Red & Blue” representing the ideologies of China and ...
400-billion-yuan turnover has been conducted on blockchain platform of China Construction Bank Compared with other financial institutions in China, banks have the most urgent demand for blockchain. "Blockchain technology can help banks alleviate the problems of information asymmetry and tr...
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...
The ongoing 2020 Cloud Summit has seen a slew of important announcements. The latest news to come out of the conference was announced by Liu He, the Vice Premier of China. According to a report from the Xinhua news agency, the VP’s speech focused on promoting the development of new tec...
The top stories from the Chinese cryptocurrency sphere this past week include: Chinese police cracking down on new types of illegal crimes in telecommunication networks, Alibaba’s blockchain subsidiary to issue tickets for the 2022 Asian games in Hangzhou, almost 2 million people applied for ...
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