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What are the Top 5 Blockchain Market Events to Watch in Q2 2020?

What are the Top 5 Blockchain Market Events to Watch in Q2 2020?

Looking ahead to Q2 2020, what are the top 5 blockchain market events to watch? This article provides a simple guide for you!

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.

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.

China’s Low-Cost National Blockchain Service Network to Launch in April

China’s Low-Cost National Blockchain Service Network to Launch in April

The Chinese government’s State Information Center revealed its plans for its national Blockchain Service Network (BSN), aiming to provide small businesses and individuals to operate blockchain applications easily without using a private blockchain network.

Chinese CBDC's Backend Developments are Complete, Revealed During 2020 FinTech Forum

Chinese CBDC's Backend Developments are Complete, Revealed During 2020 FinTech Forum

The world’s attention is on China who has recorded a great advancement in the development of its central bank digital currency (CBDC). The Chinese CBDC project, also known as digital currency electronic payment (DCEP) entered its testing phase back in April with a test run billed for four major cities.

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.”

Federal Reserve Digital Dollar DLT Testing Underway But CBDC Monetary Policy Lags

Federal Reserve Digital Dollar DLT Testing Underway But CBDC Monetary Policy Lags

Federal Reserve Board Governor Lael Brainaird announced that the United States Federal Reserve is currently experimenting with blockchain and DLT in pursuit of its central bank digital currency (CBDC) or digital dollar.

SingularityNET Announces the Successful Integration of PayPal Payments in its Decentralized Beta Marketplace

SingularityNET Announces the Successful Integration of PayPal Payments in its Decentralized Beta Marketplace

The SingularityNET Foundation, the leader in decentralized AI technology, announces today the successful integration of PayPal payments into their blockchain-based artificial intelligence marketplace.

China's DCEP Testing Limited to Small Retail Transactions for Now

China's DCEP Testing Limited to Small Retail Transactions for Now

The People’s Bank of China (PBOC) has affirmed that the testing of its CBDC project is concentrated only to small scale transactions for now.

Microsoft Bitcoin-Based Identity Tool Launches Beta Version

Microsoft Bitcoin-Based Identity Tool Launches Beta Version

Microsoft’s decentralized identity (DID) tool, ION which is based on the Bitcoin blockchain, launched a beta version on bitcoin's mainnet on Wednesday.

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