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Shanghai Initiates Blockchain-powered 'Cultural Tourism'
3.9.2020
Shanghai’s busy central Jing’an District will make use of a WeChat platform to issue blockchain-powered “cultural tourism” vouchers that can be redeemed for book purchases, streaming services, cinema tickets and more.
Per China Email, the vouchers will be distributed on a WeChat widget platform...
This Government Agency to Issue Staff with Blockchain IDs, Reward Tokens
3.9.2020
Blockchain-powered employee authentication is taking off in South Korea – with a government agency doing away with smart cards in favor of smartphone-based solutions. The agency will also issue its employees with blockchain-powered “reward” tokens.
Per news agency Yonhap, the Korea Internet &...
Tencent to Work With Taxman on Blockchain Solutions + More News
2.9.2020
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Blockchain news
Chinese tech and entertainment giant Tencent and the Shenzhen tax authority have signed a deal that will see them co-develop...
Beijing Telecoms Provider Latest Company to Join Digital Yuan Pilot
2.9.2020
Another private sector firm has stated that it is working with the Chinese central bank on its fast-expanding digital yuan pilots.
Per Shanghai Securities News, a Beijing-based telecom provider named Shenzhen Techo Telecom admitted that it was working on the project, known in China as the Digital...
Unstaffed South Korean Stores to Use Blockchain ID Authentication
1.9.2020
New unstaffed convenience stores in South Korea will make use of blockchain-powered ID solutions – after major domestic blockchain firm Coinplug sealed a deal with a retail operator HP Retail and security provider Cubox.
Per iNews24, the firms will make use of Coinplug’s MyKeepin platform, lauched...
5 Chinese Banks to Build Blockchain-powered Trade Platform + More News
31.8.2020
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Blockchain news
The China Banking Association (CBA), a self-regulating organization that represents China's banking sector, will team up with...
'Opt-Out with Bitcoin,' Says Visa's Director of Public Policy + More News
28.8.2020
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Business news
Andy Yee, senior director of public policy at Visa, tweeted to his followers to “Opt-out with Bitcoin.” This follows a speech made...
Digital Yuan Will 'Hardly Put a Dent' in USD Dominance, Says Expert
28.8.2020
China’s forthcoming digital yuan rollout will not pose a threat to American dollar dominance, says a leading economist – although the Middle Kingdom has already “leapfrogged” the West when it comes to digital payment infrastructure and innovation.
In an opinion piece published by Project Syndicate...
China Has 44,000 Blockchain Firms but Faces a Big Tech Talent Deficit
28.8.2020
China’s huge blockchain push means that there are now a staggering 44,000 firms in the country dedicated to the technology – after central and province-level drives to create a network of blockchain hubs that encompasses much of the nation.
However, there are also signs that the rate of expansion...
China: Bank to Launch Blockchain-Powered Int’l Trade Platform + More News
27.8.2020
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Blockchain News
Chinese financial institution Wuxi Rural Commercial Bank has launched the Jiangsu Province’s first blockchain-powered cross-border...
US Democrats Want Info on Confiscated Crypto, Bakkt's Record + More News
26.8.2020
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Regulation news
US congressmen Josh Gottheimer and Emanuel Cleaver, both from the Democratic party, have requested the Trump administration...
ConsenSys Acquires Enterprise Blockchain Quorum From JPMorgan
25.8.2020
Source: Adobe/William (edited by Cryptonews.com)
ConsenSys, a major Ethereum (ETH) and blockchain software company, has today announced the acquisition of Quorum, an enterprise blockchain unit developed by the U.S. investment banking giant JPMorgan Chase, the company said in a press release shared...
BIS Report: CBDCs Are on the Way, But They Won’t Replace Cash
25.8.2020
Soure: Adobe/syahrir
The Bank for International Settlements (BIS) has talked up central bank digital currencies (CBDCs) again, but insists that state-issued tokens would not make cash obsolete – and will instead work alongside fiat.
These were the findings of a new paper entitled “Rise of...
Samsung to Link its Crypto Wallet to SK’s Blockchain-powered ID App
25.8.2020
Source: Adobe/S_E
Samsung smartphones equipped with the Blockchain Keystore crypto wallet function will be able to support the world’s first decentralized ID (DID) solution, after the handset maker struck a deal with South Korean telecoms firm SK Telecom.
The partnership means that users in South...
Japanese Government Urges Blockchain ‘Cooperation’ + More News
24.8.2020
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Regulation news
The Japanese finance minister and deputy prime minister Taro Aso has addressed the country’s blockchain industry, asking for...
What Will Students Learn at China’s First Blockchain Undergrad Course?
24.8.2020
Blockchain-related subject matters are no stranger to the classroom, with courses now available all over the world, but China is on the verge of an educational first – with a batch of students set to begin their studies at the nation’s first blockchain engineering undergraduate course. So what will...
Huawei Working with Beijing on Blockchain Governance Platform
24.8.2020
Chinese tech giant Huawei may be under fire from governments in the United States and Europe, but appears to be pursuing new, blockchain-powered business avenues in its home country.
Per Jintai News, the firm’s Huawei Cloud arm has joined forces with the Beijing Municipal Government to co-create...
Japan: Demographic Shift Sees Younger Folk Flock to Crypto + More News
21.8.2020
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Exchanges news
Japanese crypto exchange bitFlyer has reported that there has been a shift in the demographic of its user base, with more people...
'Largest Collaboration of Crypto Artists in History' is Set for Launch
21.8.2020
A major art collaboration between a number of crypto digital artists and a plot in Ethereum (ETH)-powered virtual reality world Cryptovoxels, called Pranksyland, is set to go live on August 25.
Game designer Pranksy bought a plot in the Cryptovoxel virtual world, and will now make it a gallery...
Colombian Tech Ministry Wants to Boost Crypto Progress + More News
20.8.2020
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Adoption news
The Colombian Ministry of Technology has spoken out in favor of blockchain and crypto innovation for the public sector. In anofficial...