Cryptocurrency Analysis and News Portal
Tweeting on Monday, the Blockchain-based Service Network — China’s blockchain infrastructure project — announced that it had adapted Cosmos (ATOM) to its Chinese network. The Chinese BSN, unlike the international version, only supports permissioned enterprise blockchains.Thus, the Cosmos integrated to the Chinese-only BSN is an Open Permissioned Blockchain, or OPB,
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The global interbank settlement organization SWIFT is partnering with the People’s Bank of China (PBOC).SWIFT and PBOC subsidiaries, including the Digital Currency Research Institute (DCRI) and the bank’s clearing center, have registered with the Chinese government to found a company called Finance Gateway Information Services Company. It’s unclear what the new
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Could GameStop-style short-selling speculation show up in China’s stock market? Last week’s market frenzy in the U.S. may have inspired China’s crypto community to make more bets ondogecoin (DOGE) and bitcoin (BTC), but even the boldest traders are unlikely to try stirring up that kind of short-selling speculation in Chinese stocks.“The
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The NYSE-listed lottery firm may also acquire another 10,000 miners this year. Source
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ConsenSys, one of the world’s largest blockchain software companies, has partnered with the Blockchain-based Service Network, a Chinese government-backed nationwide blockchain project,As part of the partnership, ConsenSys’ Ethereum-based distributed ledger protocol ConsenSys Quorum will be featured on the BSN ecosystem, the firm announced on Jan. 25. The protocol will be available
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China’s Blockchain-based Service Network (BSN) – a permissioned blockchain network for building decentralized applications and tokens – plans on releasing a beta central bank digital currency (CBDC) as early as the second half of 2021, according to a Jan. 15 blog. Source
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The Chinese national blockchain project, the Blockchain Service Network, is planning to pilot integration with global central bank digital currencies.According to a Jan. 15 blog post, the BSN is looking to build a universal digital payment network, or UDPN, based on CBDCs of various countries as part of its 2021
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The latest digital currency giveaway is aimed to gauge user experience ahead of an expected launch. Source
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For many, 2020 has been one of the most tumultuous years in recent history. Covid-19 swept the world and greatly slowed down, if not stopped, much of ordinary daily life. But for China’s blockchain ambitions, 2020 has been full steam ahead. Even the coronavirus pandemic could not stop China’s determination
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More money, more participants, more participating banks and merchants – a look inside the latest DC/EP trial in Suzhou.Our main discussion: Why the newest trial of China’s central bank digital currency is its most important trial yet.In this episode, NLW discusses: Source
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