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China’s Major State-Run Commercial Banks Test CBDC Digital Wallet

China’s Major State-Run Commercial Banks Test CBDC Digital Wallet

China’s major state-run banks are testing out its central bank digital currency (CBDC) digital wallet application. The Chinese central bank, having said that its CBDC, also known as digital currency electronic payment (DCEP), is “almost ready,” is finally moving a step closer to its official launch nationwide.

China to Test its CBDC on Tencent-Backed Platform and Other Domestic Firms to Break Dependence on the US

China to Test its CBDC on Tencent-Backed Platform and Other Domestic Firms to Break Dependence on the US

China’s central bank has taken another major step forward toward the digital yuan’s mass adoption with its testing on food delivery giant Meituan Dianping. Backed by Tencent, Meituan has been having discussions with the People’s Bank of China’s central bank digital currency (CBDC), also known as digital currency electronic payment (DCEP) research wing.

Bank of Japan Testing Digital Yen CBDC

Bank of Japan Testing Digital Yen CBDC

The Bank of Japan (BoJ) has just announced that it will begin experimenting with a Digital Yen, its own Central Bank Digital Currency (CBDC) to test its technical application and feasibility.

Telegram to Launch TON Network Later This Month

Telegram to Launch TON Network Later This Month

Telegram Open Network (TON) announced that the original investors had been informed that the blockchain network would launch in late October.

China to Prioritize Testing its Central Bank Digital Currency in Wealthier Cities First

China to Prioritize Testing its Central Bank Digital Currency in Wealthier Cities First

China is planning a more extensive expansion of the testing of its central bank digital currency (CBDC) after reportedly starting its first tests in the Greater Bay Area.

JPMorgan Blockchain Spin-Off Kadena Releases Blockchain-Based App that Verifies Coronavirus Tests

JPMorgan Blockchain Spin-Off Kadena Releases Blockchain-Based App that Verifies Coronavirus Tests

Kadena launches a blockchain-based app that compliments COVID-19 testing, in a united effort to prevent data falsification.

IOTA Announces Chrysalis Phase 2 Public Testnet is Now Live

IOTA Announces Chrysalis Phase 2 Public Testnet is Now Live

IOTA’s network upgrade, Chrysalis has recently launched its public testnet. Chrysalis, also known as IOTA 1.5, is IOTA’s intermediate stage.

IOTA Foundation Announces the Alpha Release of IOTA Streams for Users' Ultimate Control Over Their Own Data

IOTA Foundation Announces the Alpha Release of IOTA Streams for Users' Ultimate Control Over Their Own Data

Today, the open-source non-profit foundation, IOTA has announced the final Alpha release of IOTA Streams.

Litecoin Outperformed Bitcoin in the Recent Crypto Rally: What’s Behind the LTC Price Surge?

Litecoin Outperformed Bitcoin in the Recent Crypto Rally: What’s Behind the LTC Price Surge?

Litecoin, currently ranked the fifth by market capitalization, has recently reached three figures for the first time last week in 16 months.

Bakkt Partners with Starbucks to Test Consumer App and Merchant Portal

Bakkt Partners with Starbucks to Test Consumer App and Merchant Portal

Mike Blandina, Chief Product Officer, Bakkt, revealed that the company's current interest lies in developing the consumer app and merchant portal and as well as testing with their first launch partner, Starbucks.

Cardano to be Integrated with Wolfram Alpha’s Technology to Build Advanced Smart Contracts

Cardano to be Integrated with Wolfram Alpha’s Technology to Build Advanced Smart Contracts

Cardano has recently announced that it will be integrating with Wolfram Alpha, the world’s largest answer computing engine.

China’s CBDC Testing Expansions Exaggerated, Digital Currency Details Revealed

China’s CBDC Testing Expansions Exaggerated, Digital Currency Details Revealed

A source close to the matter said that China's CBDC pilot program "has not yet been expanded on a large scale," and the test is just "internal and closed.”

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