blockchain

The future of blockchain: What sparks will be generated by technology convergence?

In recent years, with the popularization and rapid development of blockchain, the industry is gradually showing several trends that have attracted much attention. For example, capital markets accelerate the transition from analog to digital, demand for smart and digital centric solutions increases, B2C and B2B converge with digital switching and payments, and the growth of …

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Blockchain, it's still early days

Once, people's understanding of blockchain was single and limited. It's almost a truism to talk about blockchain without talking about digital currency. Truth is unchallengeable, so when someone tried to separate blockchain from digital currency, there was an outcry. The later development tells us that just blindly binding blockchain and digital currency deeply cannot achieve …

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The U.S. Government Accountability Office released its investigation and policy recommendations on the application of blockchain technology

While economic entities rely on the central government and trusted intermediaries to facilitate business transactions, blockchain technology reduces their need for intermediaries by building a trusted, tamper-proof data system that can be applied to multiple financial and non-financial sectors. However, the application of blockchain technology also raises various ethical, legal, economic and social issues. In …

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The core technology of blockchain and its relationship

Blockchain is a term used in information technology. With the rise of blockchain technology, more and more people have some understanding and familiarity with blockchain technology. Blockchain itself is a technology, and this technology is fundamentally different from the traditional centralized technology. Generally speaking, the core technology of blockchain mainly consists of four parts. Some …

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The United States released a study on blockchain and related technologies to support manufacturing supply chain traceability

On April 20, the National Institute of Standards and Technology (NIST) released its internal report 8419 entitled "Blockchain and Related Technologies supporting Manufacturing Supply Chain Traceability: Needs and Industry Perspectives." Manufacturing supply chains are becoming increasingly vulnerable to disruption and are being targeted by malicious attempts to steal proprietary information or disrupt products. Therefore, to …

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Bank of China Association: By the end of April 2022, 175 institutions have completed the commissioning or development and testing of the bank confirmation blockchain service platform

According to the China banking association official public message on May 16, in November 2021 China banking association and China association of certified public accountants jointly set up a bank letter of certificate chain blocks practical business application service platform, as of late April 2022, 175 institutions or develop test completed and put into production …

Bank of China Association: By the end of April 2022, 175 institutions have completed the commissioning or development and testing of the bank confirmation blockchain service platform Read More »

SE, the Japanese game giant, sold off its IP to develop blockchain games. Is it a "smart adventure" or a "blind exploration"?

Yesterday, Japanese video game developer Square Enix announced that Is selling some of its studios and more than 50 game ips -- including legendary studios Crystal Dynamics, Eidos-Montreal, Square Enix Montreal, tomb Raider, Deus Ex, Final Fantasy, and more -- To focus on blockchain, artificial intelligence and cloud technology. The studios and assets will be …

SE, the Japanese game giant, sold off its IP to develop blockchain games. Is it a "smart adventure" or a "blind exploration"? Read More »

The Central African Republic has become the second country after El Salvador to make Bitcoin legal tender

The Central African Republic has become the second country in the world to adopt Bitcoin as legal tender. El Salvador previously became the first country to do so in 2021. Lawmakers in the Central African Republic's parliament have voted unanimously to pass a bill legalizing bitcoin and other cryptocurrencies, according to a statement from the …

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Multiple applications of blockchain in the field of payment and settlement are emerging day by day

Today, most regions and people in the world use electronic payment for consumption settlement and enjoy the convenience brought by science and technology. But in fact, our payment system is riddled with problems that require new technological innovations to change. In many cases, processing a transaction can take several days, with additional fees and less …

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