Search Results for: UnionPay

Russian Banks Seeks Help from China's UnionPay amid Crackdown from Mastercard & Visa

Following the service cut from American payment giants Mastercard and Visa, the Central Bank of Russia (CBR) has informed its citizens that credit and debit cards issued by these service providers will stop functioning overseas from March 9.  In a bid to mitigate the strain on the users of these payment service providers, the Central … Continue reading Russian Banks Seeks Help from China's UnionPay amid Crackdown from Mastercard & Visa

Huobi Joins State-Backed Blockchain Alliance in China to Provide Blockchain Infrastructure Services

In the first-ever Blockchain Service Network Partner Conference hosted by the National Information Center and Hangzhou Municipal People’s Government in China, it was announced that cryptocurrency exchange Huobi had joined the Blockchain Services Network (BSN), an alliance initiated by the State Information Center (SIC).  The alliance also welcomed China UnionPay, China Merchants Bank International, WeBank, and Chinese telecom giants, … Continue reading Huobi Joins State-Backed Blockchain Alliance in China to Provide Blockchain Infrastructure Services

China’s Low-Cost National Blockchain Service Network to Launch in April

The Chinese government’s State Information Center revealed its plans for its national Blockchain Service Network (BSN), aiming to provide small businesses and individuals to operate blockchain applications easily without using a private blockchain network.  Tang Sisi, the Deputy Director of the Smart City Development Research Center of the State Information Center said that the BSN will … Continue reading China’s Low-Cost National Blockchain Service Network to Launch in April

What are the Top 5 Blockchain Market Events to Watch in Q2 2020?

Looking ahead to Q2 2020, what are the top 5 blockchain market events to watch? This article provides a simple guide for you! Bitcoin Halving Considered as the most important market event for Bitcoin, Bitcoin halving is likely to take place in May 2020. Bitcoin halving occurs once in every 210,000 blocks produced (approximately every … Continue reading What are the Top 5 Blockchain Market Events to Watch in Q2 2020?

China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

China’s Blockchain Services Network (BSN), ChinaChain has been opened for commercial use after six months of internal testing. As large gatherings are banned during the coronavirus pandemic, a virtual press conference was held on Saturday in Beijing for the unveiling of the BSN project.  Blockchain.News previously reported that the Chinese government’s State Information Center revealed … Continue reading China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes

China’s top digital bank WeBank has announced its partnership with Singaporean government-backed OpenNodes. This partnership will allow China’s FISCO BCOS blockchain platform to be brought to Singaporean academics for innovation and new initiatives. FISCO BCOS was deemed to be China’s version of Hyperledger Fabric when it was launched in 2018.  The Financial Blockchain Shenzhen Consortium … Continue reading China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes

China’s Blockchain Service Network Unveils New International English-Based Website

China’s Blockchain Service Network, introduced in early 2020, has launched an official international website. The Chinese Blockchain Service Network (BSN), has been open for commercial use since April 2020, after six months of internal testing. The BSN aims to provide small businesses and individuals to operate blockchain applications easily without using a private blockchain network. … Continue reading China’s Blockchain Service Network Unveils New International English-Based Website

China’s Blockchain Services Network Now Under Major Development Alongside "Digital Fujian" Project in the Province

China’s national Blockchain Services Network has been in development in China’s Fujian province, recently along with its 20 main blockchain projects as part of the “Digital Fujian” program.  These blockchain projects include the technical transformation in the industrial and commercial service industries, as well as a few major agricultural sectors. The blockchain construction projects also … Continue reading China’s Blockchain Services Network Now Under Major Development Alongside "Digital Fujian" Project in the Province

BSN Has Partnered with MetaverseSociety to Launch the South Korean BSN Portal Operator in November

On September 1, BSNbase announced that it has partnered with the Korean blockchain high-tech company MetaverseSociety to launch the Korean BSN portal operator in November, supporting Korean developers to quickly and efficiently build and operate blocks through its localized BSN platform Chain application. This is the first time it has been established outside of China, … Continue reading BSN Has Partnered with MetaverseSociety to Launch the South Korean BSN Portal Operator in November

Chinese Police Arrests Masterminds, Seizes $8.46M in Crypto Connected to Online Pyramid Scheme

Chinese police officers, specifically those operating from the Pingchuan Branch of the Public Security Bureau of Baiyin City, Gansu Province have cracked a case involving a pyramid scheme that was built around the XRP digital currency. As reported by the Xinhua news agency, the case features as many as 7 suspects, and investigation into the fraudulent scheme … Continue reading Chinese Police Arrests Masterminds, Seizes $8.46M in Crypto Connected to Online Pyramid Scheme

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