Japanese lawmaker Kozo Yamamoto said today that the government should include the digital yen plan in its mid-year policy. Another Japanese lawmaker has publicly called for the swift development of the digital yen. The head of the banking and finance systems research commission at Japan’s Liberal Democratic Party, Kozo Yamamoto, said today that the country…
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Insurance firms in China use blockchain to manage coronavirus-related claims amid the outbreak. Insurance firms in China use blockchain to manage coronavirus-related claims amid the outbreak. English-language local news outlet South China Morning Post reported on Feb. 9 that this month Chinese online mutual aid platform Xiang Hu Bao added the coronavirus to the illnesses…
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Japan is feeling the pressure of China’s moves forward with a digital yuan, with lawmakers calling for the G7 to put CBDCs on its 2020 agenda. Japan is feeling the pressure of China’s strident moves forward with a digital yuan. According to a Feb. 7 Reuters report, top lawmakers in the country are calling on…
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A major Hong Kong crypto event, will be taking place half a year later due to the coronavirus outbreak. A number of cryptocurrency-related conferences across Asia are being delayed in response to the regional coronavirus outbreak. TOKEN2049, a major crypto event held annually in Hong Kong, is the latest one to postpone its conference. Originally…
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Chinese startup FUZAMEI has rolled out a philanthropy-focused blockchain platform for tracking and managing data. Chinese startup FUZAMEI has rolled out a philanthropy-focused blockchain-based platform for tracking and managing data. Dubbed “33 Charity,” the platform is designed to boost the transparency and efficiency of businesses’ internal processes, including charitable organizations, according to a press release…
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A Chinese tech company is building a blockchain charity platform for fighting against the coronavirus outbreak. Hyperchain’s Feb. 4 press release announced the launch of its blockchain-based platform to fight against the coronavirus epidemic. It will serve as a medical supply donations portal to support hospitals in central China. The recent outbreak of coronavirus has…
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An academic at the University of Hong Kong claims that blockchain and AI-driven strategies should be implemented to better tackle responses to the coronavirus epidemic. An academic at the University of Hong Kong claims that blockchain and AI-driven strategies should be implemented to better tackle responses to the coronavirus epidemic. Syren Johnstone — executive director…
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Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues. Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues. On Feb. 3, Bitspark co-founder and CEO George Harrap officially announced the platform’s plans to shut down its services on March 4, 2020. According to…
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The chairman of Minsheng Bank predicts that blockchain technology will transform the Chinese economy in the next decade. Digital transformation is a national priority for China, and it’s being integrated into both enterprise and banks and other services industries. According to a Feb. 4 report from Economic Information Daily, chairman of Minsheng Bank Hong Qi…
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Tech giant IBM is developing a new blockchain product that will automate the reconciliation of casual employment contracts. Tech giant IBM is developing a new blockchain product that will automate the reconciliation of casual labor contracts. Technology news site CIO reported on Feb. 3 that IBM considers the blockchain particularly well-suited to tackling the pain…
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