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China’s Central Bank Likely to Pilot Digital Currency in Cities of Shenzhen and Suzhou: Report

The tests are likely to include the participation of state-owned partners. These comprise the "Big Four" commercial banks – the Industrial and Commercial Bank of China, Bank of China, China Construction Bank and the Agricultural Bank of China – and three telcos, China Telecom, China Mobile and China Unicom. Source

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Philippines and BCB Blockchain to Work Together on Smart Cities

Singapore-based blockchain firm BCB Blockchain has signed a memorandum of agreement (MoA) with a branch of the Philippines’ Department of Science and Technology (DOST) to support the development of local smart cities.Per a Nov. 23 press release, BCB Blockchain contributed $300,000 to support incubators and startup accelerators in the

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China Introduces Blockchain-Based Identification System for Cities

China continues to up its blockchain game with an independently developed blockchain-based identification system for cities as part of its smart city infrastructure.On Nov. 4, Chinese daily tabloid newspaper Global Times reported that the newly developed identification system was jointly launched by three institutes in the city of Shijiazhuang.The

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