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Baidu Trends: Bitcoin Searches Skyrocket Amid Social Distancing and Working From Home Approaches

Baidu Trends: Bitcoin Searches Skyrocket Amid Social Distancing and Working From Home Approaches

According to Baidu, a Chinese multinational technology company offering internet-related services, Bitcoin searches have shot up by 183% in the last one month. This trend can be linked to the fact that many countries have asked their citizens to adhere to precautionary approaches, such as self-quarantining, social distancing, working from home, necessitated when tackling coronavirus.

Korean Businesses Come Together to Form Massive Blockchain Council Similar to Libra's

Korean Businesses Come Together to Form Massive Blockchain Council Similar to Libra's

Korea’s internet giant Kakao is bringing crypto and blockchain adoption to the Asian markets. A huge consortium of financial giants and big brands has joined together to form a Governance Council relating to all matters blockchain.

Baidu's Enterprise Blockchain Network Initiates Service for Developers and SMEs to Build Dapps

Baidu's Enterprise Blockchain Network Initiates Service for Developers and SMEs to Build Dapps

Enhancing China's initiative to adopt blockchain countrywide, internet giant Baidu will be launching a new blockchain-based service, through Xuperchain, for SME's and developers to use in the creation of decentralized applications.

Shenzhen Warns Against the Resurgence of Illegal Activities Owing to the Promotion of Blockchain Technology

Shenzhen Warns Against the Resurgence of Illegal Activities Owing to the Promotion of Blockchain Technology

The Office of the Leading Group for Special Remediation of Internet Finance Risks in Shenzhen has warned about the seeming resurfacing of illegal activities as a result of interest in cryptocurrency.

US Television Network Provider Dish Aims to Track and Stop Piracy Using New Blockchain Systems

US Television Network Provider Dish Aims to Track and Stop Piracy Using New Blockchain Systems

In recent years with subscribers moving to newer forms of media, including internet-based streaming services such as Netflix, Dish has struggled to maintain its customer base, with 381,000 subscribers lost in 2018’s Q4.

China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

Hyperledger Fabric, Ethereum, EOS, ChainSQL, WeBank’s FISCO BCOS, and Baidu’s Xuperchain are also planned to be added to the “ecosystem play,” and “internet environment,” as explained by Zhiguang Shan, the Chairman of the BSN’s Development Association. This network of blockchains will be available for those who are interested to take part in it, including small to medium-sized businesses.

Banks in Brazil Set to Introduce New Payment System to Rival Cryptocurrency

Banks in Brazil Set to Introduce New Payment System to Rival Cryptocurrency

The central bank of Brazil is looking to provide a 24-hour payment system with a speed capacity of 10 seconds via the use of mobile apps, internet banking, and ATMs. Code named PIX, it is set to directly rival the use of cryptocurrency in the country.

China Passes Civil Code Which Will Allow its Citizens to Inherit Cryptocurrency

China Passes Civil Code Which Will Allow its Citizens to Inherit Cryptocurrency

At the Thirteenth National People’s Congress held in Beijing China, the parliament passed a new civil code that protects the civil rights of inheritance, marriage, property, personality, and contract infringement. According to Lixin Yang, a professor at Renmin University of China, the civil code states that “When a natural person dies, the legacy is the personal legal property left by she/he.” Personal legal property in this case also means “internet property” including virtual currencies. Chinese citizens will be able to leave their cryptocurrency and virtual assets to their heirs, coming into effect on January 1, 2021.

Child Porn Darknet Sites Surge with Crypto-Payments as Korean Police Hunt "Nth Room" Clientele

Child Porn Darknet Sites Surge with Crypto-Payments as Korean Police Hunt "Nth Room" Clientele

The use of cryptocurrencies like Bitcoin and Ethereum has become the preferred payment for internet based human trafficking and depraved services, which include blackmail porn and child sexual exploitation according to forensics firm Chainalysis.

Blockchain-Based Startups Empower Individuals to Identify Fake News

Blockchain-Based Startups Empower Individuals to Identify Fake News

The fight against misinformation is just starting. Yet startups like Blackbird.AI and Civil are making it easier for Internet readers to identify and discount fake and misleading news. Find out more >

Chinese Smart Courts Leveraging Blockchain and AI

Chinese Smart Courts Leveraging Blockchain and AI

Smart courts in China are reportedly leveraging a range of innovative technologies to settle legal cases. The online judiciary courts utilize big data, cloud computing, artificial intelligence, and blockchain.

From Zero Mentions to a Dedicated Section in CINIC Report: How Fast is Blockchain Growing in the Chinese Internet Industry

From Zero Mentions to a Dedicated Section in CINIC Report: How Fast is Blockchain Growing in the Chinese Internet Industry

The China Internet Network Information Centre (CINIC) recently published “The 45th China Statistical Report on Internet Development”. Compared to the previous issue, it is worth noting that the CINIC covered blockchain development as a dedicated section in the latest report. The report highlighted the rapid blockchain development of China in three aspects: regulation, technical development and applications.

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