Tag: China

Money Reimagined: COVID-19’s Lessons in Innovation

Epidemiologists and drugmakers are now living out that maxim as they frantically study the pathology of a virus President Trump calls the “hidden enemy.” But learning about COVID-19 shouldn’t solely be about building a medical weapon against it. We...

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Meet Red Date, the Little-Known Tech Firm Behind China’s Big Blockchain Vision

A driving force behind the scenes of China’s ambitious blockchain infrastructure project says he used to be skeptical of the technology. “Initially I thought blockchain, especially distributed ledger technology , had no commercial value because it was too expensive,”...

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Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan: Report

Starbucks and McDonald’s are reportedly among 19 restaurants and retail shops that will be involved in testing China’s central bank digital currency in the country’s Xiong’An new district. The Reformation and Development Commission of the Xiong’An district in Hebei...

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Libra vs. DCEP? The Battle for the Future of Money Heats Up

NLW breaks down libra’s new fiat-pegged model, DCEP’s trial app and China’s Blockchain Service Network This week saw the latest salvos in the battle for the future of money.  The Libra Association said its libra would not be a...

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Inside China’s Plan to Power Global Blockchain Adoption

China is about to launch its national blockchain platform, part of the country’s grand strategy to lead the digital transformation of the world economy. Led by the State Information Center, the Blockchain Service Network (BSN) is poised to launch...

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