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China Carries On next Round Of CBDC Testing Via E-CNY Payment For Public Transport

China reportedly finalized the official release regarding the next round of its central bank digital currency (CBDC) trial phase program. Specifically, the latest development in the city of Guanzhou...

| Aug 24, 2022 11:51

Bank Of China Released E-CNY Smart Contract After-School Vocation Program

The state-owned Bank of China reportedly disclosed details related to a new program to bridge primary school education using smart contracts. Specifically, via a newly formed alliance with local...

| Aug 17, 2022 10:18

Tencent Secured Patent For Blockchain-powered Missing Persons Poster

China-based tech conglomerate Tencent recently managed to obtain a novel patent for a blockchain-powered missing person’s poster. Specifically, the patent finally arrived following a near...

| Aug 23, 2022 11:43

Chinese Bank Completed Issuance Of Intellectual Property-backed Digital Yuan Loan

The Agricultural Commerce Bank of Zhangjiagang reportedly revealed the successful status regarding the issuance of a 500,000 digital yuan (e-CNY) loan with intellectual property backing it as...

| Aug 04, 2022 10:00

China Widened Scope Of Digital Yuan Tax Payment Initiative to Cover Three New Cities

Citizens living in three major urban areas in China have reportedly started utilizing the nation’s CBDC – the digital yuan (e-CNY) – for completing tax payments, stamp duty and social...

| May 02, 2022 10:27

Chinese Food Delivery Heavyweight Joined Mass Retailing Trials Of CBDC

China-based food delivery heavyweight Meituan has reportedly become the most recent entity to carry out the integration of central bank digital currency (CBDC) payments for its offerings....

| Feb 05, 2022 14:51

China’s Central Bank Rolled Out Pilot Version Of Digital Yuan Wallet

The China’s central bank has reportedly inched one step further towards a digital currency creation, via rolling out a pilot edition of its digital yuan wallet application across mobile phone app...

| Jan 06, 2022 14:59

Digital Yuan Now A Viable Payment Measure For Beijing Subway

China is reportedly taking great strides in growing its central bank digital currency (CBDC) project, via debuting digital yuan payments for transport services. Specifically, the Beijing subway has...

| Jul 02, 2021 10:59

PBoC and Hong Kong Conducted Initial Discussion on Using Digital Yuan Trial for Cross-border Payment

China’s central bank and the Hong Kong Monetary Authority (HKMA) are reportedly conducting Preliminary discussions, in a bid to initiate the piloting phase for the digital yuan in Hong Kong. ...

| Dec 13, 2020 07:30