In our ever-evolving digital landscape, cryptocurrencies have surged to the forefront, reshaping traditional financial systems and pioneering innovation in various sectors. Among these digital currencies, the Crypto Yuan, China’s own digital currency, is causing quite a stir. Its potential impact on global supply chains and logistics is a subject of…
Posts published in “Blockchain”
The digital revolution has touched every facet of our lives, and it’s no surprise that governments are exploring new avenues for innovation and financial efficiency. In this digital era, China’s ambitious push towards a Digital Yuan has captured global attention. Beyond its potential implications for the financial world, the use…
China’s innovative foray into digital currencies, including the Crypto Yuan, has garnered global attention. This blog post delves into how the Crypto Yuan integrates with China’s social credit system and explores the associated implications and controversies. Understanding China’s Social Credit System Before diving into the Crypto Yuan’s role, let’s grasp…
The global semiconductor industry stands on the verge of a transformative evolution, driven by the emergence of central bank digital currencies (CBDCs). Among these digital currencies, the crypto yuan, or digital renminbi (RMB), is making significant inroads into the world of semiconductor production. In this article, we will delve into…
Last October, Xi Jinping stated that the development of blockchain technology is one of the priorities of the Chinese government. By that time, it was already known that in the territory of the Middle Kingdom, since 2014, a state cryptocurrency was being developed with the support of the People’s Bank…
BMW Group Asia, Intel and Nielsen are now corporate partners of the Singapore government-supported blockchain accelerator Tribe. Tribe Accelerator announced the news Friday, saying that the three firms will share their knowledge and subject expertise in their respective fields with Tribe’s startups in order to help build an “inclusive” ecosystem…
Prosecutors in China have charged four suspects said to be involved with operating an alleged $2 billion cryptocurrency pyramid scheme. According to a news release issued by the Supreme People’s Procuratorate issued Wednesday, a local prosecutor’s office in Hunan province has charged the four individuals as part of a wider crackdown…
Almost half of the 26 listed banks in China say they have implemented blocking technologies in 2017, according to the reports. The Chinese industry publication CEBNet reported that 12 out of 26 public banks in China, according to published annual reports, implemented blocking technology in their work last year. These…
The national Swiss mail company Swiss Post intends to integrate a new block-based solution developed by the startup Modum into its work. Thanks to the new technology, the delivery of parcels with medicines and other temperature-sensitive products will become more safe and qualitative. The company Modum is based in Zurich…
When we are dealing with such an unstable market as the cryptocurrency market, the most difficult task is to limit losses. Many investors, unfortunately, learned about it from their own experience during the recent fall of bitcoin. And the rollback does not happen: the crypto currency is continually trying to…