Search Results for "chinese"
Chinese Military Likely to Employ Blockchain Management to Improve Performance
A report on Nov. 18 from the Chinese media Global Times, has stated that the Chinese military is likely to adopt blockchain technology to ensure proper management of personnel data, improve their training and performance in mission.
Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products
One of the leading Chinese Filecoin mining machine providers, IPFSMain has suspended sales of all products.
Chinese Firms Hold Overwhelming Majority of Global Blockchain Patents
Chinese firms have been stockpiling blockchain patent applications leaving other nations behind and outpacing the United States 3 to 1.
Chinese City Tests Blockchain-Powered Cross-Border Financial Platform
Nanning, a Southern Chinese City, located in Guangxi Region, has experimented with a blockchain-enabled cross-border financial platform.
Tether Launches Stablecoin Backed by Offshore Chinese Yuan
Reported in late August, Tether had made plans to add a new stablecoin pegged to the Chinese Yuan, named “CNHT.”
Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans
The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly known as the digital Yuan, for housing provident fund loans.
Hong Kong Monetary Authority Promotes Electronic Lai-see for Chinese New Year 2025
The Hong Kong Monetary Authority encourages electronic lai-see to promote sustainability for Chinese New Year 2025, with new note exchange services available.
Conflux to Deploy Uniswap v3 on Network
Conflux plans to deploy Uniswap v3 on its network, offering access to millions of potential new users in the Chinese and Asian markets. The move comes after the Uniswap v3 code license expired, allowing developers to fork the protocol and deploy their own decentralized exchange. Conflux has experienced a spike in traffic in the first quarter of 2023 and has a market capitalization of nearly $1 billion.
Tencent, Huawei, and Baidu Executives to Join China’s New National Blockchain Committee to Set Industrial Standards
The Chinese central government has put together a national blockchain committee to work on setting industrial standards. The Ministry of Industry and Information Technology (MIIT) issued a notice on April 13 of the “Public Notice on the Formation of a National Blockchain and Distributed Ledger Technology Standardization Technical Committee.”
Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves
Police in China recently discovered illegal Bitcoin mining, which was buried underneath a local cemetery. Power losses within the area caused the initial suspicion. A Chinese oil field company submitted a tip to the local police requesting them to investigate suspicious power losses in the northern city of Daqing, Heilongjiang province. The police officers arrived at the scene and spotted mysterious two grave mounds lying in the field.
AI Image Service Bans Xi Jinping Pictures
Midjourney, an AI image generation service, has banned users from creating pictures of Chinese President Xi Jinping. However, users have found a workaround by creating deepfakes instead. Midjourney has disabled access to its free trial version to prevent the proliferation of deepfakes on its platform. The ban has sparked criticism from some, who argue that it is a form of censorship and undermines free speech.
Chinese Yuan Poised to Become the World’s Third Largest Reserve Currency by 2030—Is DCEP Part of the Plan?
Morgan Stanley analysts are predicting that the Chinese yuan will become the third-largest reserve currency in the world, is the DCEP part of the plan?