Search Results for: City

Present-day Blockchain Industry Hindered by Structural Scarcity of Talents

Chen Xin, a senior official at China’s Ministry of Industry and Information Technology, has asserted that the digital economy has become a notable player in China’s development and economic growth. The trend witnessed is progressing at an alarming rate.  The digital economy has emerged to be a formidable force in the present age as people’s … Continue reading Present-day Blockchain Industry Hindered by Structural Scarcity of Talents

Premier League Champion Manchester City Tokenizes its Players via Superbloke

The Premier League championship, Manchester city had signedSouth Korea’s Superbloke who is a sports game developer, to become the Club’s official blockchain-based gacha gaming partner in Korea, Japan, and South-East Asia. Gacha games involve virtual currency. The club will now be featured in the Superbloke’s online game FC superstar. This development is said to enable … Continue reading Premier League Champion Manchester City Tokenizes its Players via Superbloke

Blockchain and IoT: Transforming Hong Kong into a Smart City

Blockchain and IoT: Transforming Hong Kong into a Smart City In December of 2016 the Hong Kong Government released the Smart City Blueprint with a vision to develop Hong Kong into a world-class smart city. The key aims of this transformation are to improve the connectivity, efficiency and environment of Hong Kong by leveraging advances … Continue reading Blockchain and IoT: Transforming Hong Kong into a Smart City

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. Notably, it joins several Chinese cities, such as Ningbo and Xiamen, seeking to revamp their economic systems using cross-border blockchain networks.  As reportedby the Global Times, Nanning’s blockchain service system seeks to refurbish the present trade financing procedure … Continue reading Chinese City Tests Blockchain-Powered Cross-Border Financial Platform

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

Since President Xi Jinping’s call for an acceleration of blockchain development in China, the Middle Kingdom has not taken a backward step in the technology’s integration. As reported by the Global Times on Nov. 4, China has integrated an independently developed blockchain-based identification system for its cities into its smart city infrastructure. The new identification … Continue reading China Updates Smart City Infrastructure with Blockchain-Based City Identification System

South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency

KT, the largest telecom company in South Korea, is planning to launch its blockchain-based digital currency in the second biggest city in the country, Busan.   According to news outlet dongA, the currency is called Dongbaek Currency, which means Camellia flower, when directly translated to English, and is set to be launched on Dec. 30.   Yoo Yong-gyu, … Continue reading South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency

Positives Out of the Wuhan Coronavirus: Blockchain Educators in the City

For many outside of China, the city of Wuhan is now identified as being ground zero for the recent outbreak of the coronavirus, but some amazing innovation has come out of China’s seventh biggest city in recent years.  Already established as a major motor manufacturing hub, the region is also making waves in the blockchain … Continue reading Positives Out of the Wuhan Coronavirus: Blockchain Educators in the City

South Korea Declares Andong City as Blockchain Free-Trade Zone to Boost Medical Hemp Production

South Korea’s national government has declared Andong (located in the Gyeongbuk province) as a “regulation-free” zone for blockchain development. The city is now a local free trade zone in which blockchain technology will be used for medical-grade hemp (cannabis) management and production. Blockchain Helps South Korea Meet Production Goals Lee Chul-woo, the Governor of Gyeongbuk … Continue reading South Korea Declares Andong City as Blockchain Free-Trade Zone to Boost Medical Hemp Production

Chinese Central Bank Approves the City of Chengdu for its FinTech Innovation Pilot

The Chinese central bank, People’s Bank of China has recently approved the city of Chengdu to carry out FinTech innovation supervision pilots. Chengdu, the capital of China’s Sichuan province has been added to the list of regions that could carry out FinTech-related pilots. The People’s Bank of China launched the FinTech regulatory sandbox in December … Continue reading Chinese Central Bank Approves the City of Chengdu for its FinTech Innovation Pilot

Bitcoin’s Scarcity Feature Makes the Crypto an Aspirational Store of Value for Investors, says Fidelity Digital Assets

Fidelity Digital Assets, the crypto arm of investment firm Fidelity Investments found in its new report that many investors consider Bitcoin to be an “aspirational store of value”. The firm believes that the largest cryptocurrency has the properties of a store of value but has yet to be widely adopted. Fidelity Digital Assets was launched … Continue reading Bitcoin’s Scarcity Feature Makes the Crypto an Aspirational Store of Value for Investors, says Fidelity Digital Assets

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