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Guangdong Province’s 2022 Government Report says its capital city Guangzhou will become a digital yuan testbed and a blockchain innovation application pilot center in 2022. Fast facts Guangzhou applied to become a new digital yuan pilot city in September 2021. Guangzhou is one of the major cities of the Guangdong-Hong Kong-Macao Greater Bay
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The central bank of France continues actively exploring a central bank digital currency (CBDC), completing a significant trial of a blockchain-based CBDC in the country’s debt market.Over 500 institutions in France have participated in a 10-month experiment testing a CBDC issued by Banque de France for government bond deals, The
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With travel and tourism being one of the hardest-hit industries by the coronavirus pandemic-induced lockdowns, several stakeholders are increasingly prioritizing digital and contactless solutions.In this vein, Air France has partnered with MedAire, SGS, International SOS, and the International Chamber of Commerce to test a blockchain-based COVID-19 travel system.Beginning from March
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With an eye towards the rapidly spreading coronavirus pandemic, Albany Airport has begun experimenting with the "Wellness Trace App" to track the cleanliness of surfaces and objects inside the airport.The app, developed by General Electric Co. (GE) in partnership with TE-FOOD and Eurofins, aims to provide a safe travel experience
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The proposal games out CBDC scenarios for fundamentally different potential digital currency end users. Source
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An official for China’s central bank has unveiled usage statistics of state-backed digital currency trials that were conducted in three Chinese cities.Speaking virtually at the Sibos 2020 conference on Monday, Fan Yifei, deputy governor of the People’s Bank of China, said the bank opened 113,300 consumer digital wallets and 8,859
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Spanish telecommunications giant Telefonica has reportedly partnered with the local Association of Science and Technology Parks (APTE) to grant access to its blockchain to about 8,000 firms in Spain.According to a report published by telecom news outlet TotalTele on Jan. 9, Telefonica will deploy nodes of its Hyperledger-based blockchain
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Electra (ECA), the open-source Proof-of-Stake (PoS) blockchain project focused on digital payments, will begin beta testing its flagship product this month. Known as “ElectraPay,” the product functions as a financial management system that will let merchants adopt a cryptocurrency payment method that doesn’t require third-party service providers, banks, or credit
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CULedger, a blockchain consortium and credit union service organization, has successfully completed a pilot project together with three American credit unions. Fintech Futures reported on Dec. 16 that the pilot focused on implementing CULedger’s blockchain identity platform in the call centers at Unify Financial Credit Union, Desert Financial Credit Union,
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The Inter-American Development Bank (IADB) is implementing three different blockchain pilot projects to test if blockchain technology is able to solve some of the problems of land titling and registries.On Oct. 28, blockchain startup ChromaWay reported that it is collaborating with IADB on a two-year project in Bolivia, Peru
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