Search Results for: Construction

China Construction Bank Announces Updates of Blockchain Platform After $50B Transacted

One of China’s four largest banks, China Construction Bank (CCB) has officially released the second version of its blockchain platform for trade finance, reaching 360 billion yuan ($50 billion) in cumulative transaction volume.  CCB announced the release of “BCTrade 2.0,” focusing on digitizing trade and financial services between 54 domestic and overseas CCB branches and 40 external … Continue reading China Construction Bank Announces Updates of Blockchain Platform After $50B Transacted

U.S. Intends to Impose Tax on Crypto to Support Infrastructure Construction Amid Musk and Dorsey Express Strong Dissatisfaction

As the bipartisan Senate began to vote on President Joe Biden’s infrastructure bill, the taxation of cryptocurrency transactions in this infrastructure plan cited Tesla CEO Elon Musk, Jack Dorsey, Senator Criticism by Ted Cruz, and others. The Senate released a bill last week that includes new tax rules for crypto trading companies and brokers, which … Continue reading U.S. Intends to Impose Tax on Crypto to Support Infrastructure Construction Amid Musk and Dorsey Express Strong Dissatisfaction

Metaverse Will Bring About the "Construction of New Economies" – Animoca CEO

Yat Siu, the Co-Founder and Chief Executive Officer of Animoca Brands has shared his thoughts on what he believes the metaverse is metamorphosing into in the near future.  Speaking at the Future Blockchain Summit, the veteran industry leader noted that the metaverse is not a central entity and is bound to stir the advent of … Continue reading Metaverse Will Bring About the "Construction of New Economies" – Animoca CEO

Construction Giant XCMG Chooses Conflux for NFTs and Future Global Blockchain Applications

Toronto, Canada, 27th March, 2023, Chainwire ​​XCMG Construction Machinery Co., Ltd. (000425.SZ), the world’s third largest construction machinery manufacturers, announced a partnership with Conflux, a leading public blockchain network, and Zen Spark Technology Pte Ltd, a Singapore-based blockchain and fintech company. The partnership aims to leverage blockchain and Web3 technologies to explore more international use cases. The partnership … Continue reading Construction Giant XCMG Chooses Conflux for NFTs and Future Global Blockchain Applications

A16z Crypto Introduces Jolt zkVM for Blockchain Scaling

To tackle the scalability issues that blockchain networks are facing, A16z Crypto, the investment company Andreessen Horowitz’s cryptocurrency-focused branch, has unveiled Jolt, a zero-knowledge solution known as zkVM. This creative technique integrates SNARKs (Succinct Non-Interactive Arguments of Knowledge) in an effort to expedite and simplify blockchain scaling procedures. What is zkVM (Jolt)? Jolt is a … Continue reading A16z Crypto Introduces Jolt zkVM for Blockchain Scaling

Bitfinex Securities Launches El Salvador's First Tokenized Debt for Hilton Hotel Development

The first licenced supplier of digital assets in El Salvador, Bitfinex Securities, is spearheading the nation’s first tokenized asset raising using the layer 2 Liquid Network of Bitcoin. Bitfinex Securities intends to use a tokenized debt offering in partnership with Inversiones Laguardia S.A. de C.V. to finance the construction of a new Hilton hotel complex … Continue reading Bitfinex Securities Launches El Salvador's First Tokenized Debt for Hilton Hotel Development

Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas

Global leader in semiconductor technology Samsung Electronics recently revealed that it has obtained US government funds totaling $6.4 billion to expand its chip manufacturing facilities in Texas. The United States’ ability to produce chips domestically will be greatly enhanced by this huge investment, especially in sectors like aerospace, defence, and automotive. The 2022 Chips and … Continue reading Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas

Blockchain.News Interview with Co-founder and CIO of CryptAM, David Demmer on Digital Asset Management

Since the launch of the Bitcoin in 2008, interest in cryptocurrencies continue to increase exponentially over the years. As the space matures, investors are increasingly eager to add cryptocurrencies into their portfolios for more diversification, whether it is for long-term value investing or short-term profit maximization. Investors can no longer afford to ignore the impact … Continue reading Blockchain.News Interview with Co-founder and CIO of CryptAM, David Demmer on Digital Asset Management

How to Capitalize Trillions in Tokenized Real Estate with Blockchain and PropTech

On the 22nd of August, we were proud hosts of our event that focused on ‘whether real estate will evolve by the development of blockchain?’ Now the question arises from the inevitable fact that financial technology has evolved within the last 10 years alongside several industries adopting it within their practices. Will the real estate … Continue reading How to Capitalize Trillions in Tokenized Real Estate with Blockchain and PropTech

Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization

The Belt and Road Initiative (BRI) is a transcontinental long-term policy and investment program which aims at infrastructure development and acceleration of the economic integration of countries along the route of the historic Silk Road.  BRI was unveiled in 2013 by China’s President Xi Jinping and, according to the Belt and Road Portal, the massive project will … Continue reading Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization

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