Tag "Blockchain"
Asia Leads the Way with Central Bank Backed Digital Currencies (CBDCs)
Central banks in Asian countries including Cambodia, Thailand, Mainland China, Hong Kong and Singapore, have more advanced central bank digital currency (CBDC) projects than their global counterparts, outperforming those of Canada, the UK and Sweden, a new analysis by PwC
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Why China Leads the World in Blockchain Development and Adoption
Blockchain has become a national priority for China both in the public and private sector. This is further accelerated thanks in part to president Xi Jinping who recently proclaimed the technology as an important breakthrough. Efforts to launch a central
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5 Recent Stories Shaping Korea’s Blockchain Ecosystem
South Korea’s attempts to put itself on the map in the world of blockchain seem to be bearing fruit more and more lately. Increasingly, South Korean banks and tech firms are ramping up blockchain adoption in a big way with
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News Summary: Facebook’s Libra Crypto Project Sparks Fear and Criticism
Last week, Facebook unveiled plans for a new cryptocurrency called Libra. Set to launch as early as 2020, Libra will be a stablecoin fully backed by a reserve of real assets. The goal, it says, is to avoid high fluctuations
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Bitspark Co-Founder Claims SWIFT Is Hindering Innovation
George Harrap, CEO and Co-founder of Hong-Kong based blockchain remittance startup, Bitspark, has outed SWIFT for hampering fintech from driving innovation in the money transfer sector in his new e-book He argues that the remittance sector is ripe for disruption. However,
Read MoreOne Year Later, Cathay Pacific’s Rewards Programme Happy with its Blockchain Port
In May last year, the Cathay Pacific Group, via its rewards programme Asia Miles, launched an app utilising smart contracts via blockchain. The campaign at the core of the new platform was a newly launched Asia Miles dining promotion in
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Hong Kong Needs More Than Lip Service to Grow Blockchain, Says Local Founder
After his blockchain panel at the Internet Economy Summit last week, we had a chance to sit down with trustMe, a local player in the blockchain scene with a focus on bringing the technology to SMEs in Hong Kong. Steven
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How is China’s Smallest Province Hainan Attracting Fintech Giants Like Tencent
Since president Xi Jinping announced a plan to gradually turn Hainan into a pilot free trade zone by 2020 and transform the location into a free trade port by the year 2025, Internet giants and fintech firms are flocking in.
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7 Upcoming Fintech, Digital Finance, Blockchain Events in China- 2019
China continues to lead the fintech revolution, and unsurprisingly, be a preferred location for fintech and blockchain-focused events in the region. The following events are some of the top upcoming fintech, digital finance and blockchain conferences to take place in
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Facebook Got Data Privacy Wrong, but Could it Get Blockchain and Fintech Right?
It is becoming more apparent that the financial services industry is being reshaped by bigtechs, or the big technology players such as Google, Apple, Facebook, Amazon and Alibaba, which are leveraging data and consumer insights to offer a unique, personalized
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