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The dream of a completely secure, unhackable, absolutely private digital payment system could soon be realized thanks to new research out of the University of Vienna. In a paper published on July 4 titled “Demonstration of quantum-digital payments,” a team of researchers at the Vienna Center for Quantum Science and
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Jinan, the capital of Shandong Province in eastern China, has taken a proactive stance in promoting the use of China’s central bank digital currency (CBDC) by initiating digital yuan payments on all of its bus routes. Initially,
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Jinan, the capital of eastern China’s Shandong Province, has started encouraging the adoption of the country’s central bank digital currency (CBDC) by introducing digital yuan payments across all its bus routes.In its pilot phase, the city tested the introduction of CBDC payments on two bus lines. Following the trial period, the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Fintech firm Six Clovers has introduced the Versal Network, a platform built on the Sui blockchain, to enhance the speed, security, and cost-effectiveness of cross-border payments. With a move towards modernizing cross-border payments, fintech newcomer Six Clovers
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"Our vision of unlocking the power of on-chain digital assets for the next billion users is being made possible on Sui," said Jim Nguyen, co-founder and CEO of San Francisco-based Six Clovers. "The way to do this is to close the gap between established e-commerce and Web3 commerce, by abstracting
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The latest announcement means that Tencent and Ant want to allow visitors to make payments with different vendors in China. Foreigners can now easily pay for goods and services in China as payment giants Tencent and Ant Group said users can directly link international credit cards to their platforms. Therefore, tourists
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Ljubljana is a study in contrasts when it comes to factors that measure grassroots crypto enthusiasm and activity. Its opportunities score, based on the rate of per-capita crypto jobs, companies and events, is outstanding, but its crypto adoption score, in the drivers category, was second-lowest of the entire 25-hub sample.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Law enforcement authorities in the US are intensifying efforts to investigate a series of bomb threats targeting major retail chains, with the culprits demanding payments in bitcoin, according to a WSJ report. Over the past few months,
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New York-headquartered investment bank JPMorgan Chase & Co. has launched euro-denominated transactions on its blockchain-based payment system, JPM Coin, Bloomberg reported on Friday. See related article: JPMorgan teams up with Indian banks for blockchain-based settlements: BloombergFast factsGermany’s engineering and manufacturing company Siemens AG was the first to use JPM Coin for
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Customers will receive a designated amount of USDC along with an invoice, enabling them to experience the benefits of fast, affordable, and reliable cross-border payments. In a significant move towards revolutionizing cross-border payments, German software giant SAP SE (ETR: SAP) has made an exciting announcement in this sphere. In a blog
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