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State-backed Crypto Mining Farm under Construction in Russia’s Buryatia – Mining Bitcoin News

A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver Building Large Data Center for Cryptocurrency Mining in

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Axis Bank issues financial contract on state-backed blockchain platform

Indian financial services giant Axis Bank issued a financial contract between two domestic businesses by using a government-backed blockchain platform called Secured Logistics Document Exchange (SLDE).SLDE was developed and released on Jul. 28, 2021, by India’s Ministry of Commerce & Industry to serve as a digital document exchange platform that

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China’s State-backed Blockchain Network Plans NFT Infrastructure

Red Date Technology, the company China tapped to manage its Blockchain-based Service Network (BSN), said today it plans to fully launch an infrastructure for non-fungible tokens (NFTs) by the end of January 2022. Fast facts Red Date revealed on Friday an NFT infrastructure plan — BSN-Distributed Digital Certificate (DDC) — at its

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China’s State-backed Blockchain Network, U.S. Firm Team Up To Enhance CBDC Efficiency

China’s Blockchain-based Service Network (BSN) — a public-private nationwide infrastructure project to spur mass adoption of blockchain technology — is partnering with a New York-based blockchain company to advance interoperability as BSN actively expands its global presence to lure more developers to use the blockchain network. Fast facts Cypherium, a smart contract technology provider

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China’s State-backed Blockchain Network Expanding To Turkey, Uzbekistan

China’s Blockchain-based Service Network (BSN) — a public-private nationwide infrastructure project to spur mass adoption of blockchain technology — is setting up more portals overseas, as it moves a step closer to more international exposure. Fast facts Red Date Technology, the company China tapped to manage its BSN, announced today that it

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China’s State-backed Blockchain Network To Expand To South Korea

Red Date Technology, the company China tapped to manage its Blockchain-based Service Network (BSN) — the public-private nationwide infrastructure project to spur mass adoption of blockchain technology — announced today a partnership with South Korean blockchain company MetaverseSociety Corp, marking a step further for the international expansion of the China-grown

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