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China Construction Bank Announces Updates of Blockchain Platform After $50B Transacted

China Construction Bank Announces Updates of Blockchain Platform After $50B Transacted

One of China’s four largest banks, China Construction Bank (CCB) has officially released the second version of its blockchain platform for trade finance, reaching 360 billion yuan ($50 billion) in cumulative transaction volume. CCB announced the release of “BCTrade 2.0,” focusing on digitizing trade and financial services between 54 domestic and overseas CCB branches and 40 external organizations. Reported by Xinhua news, these organizations include state-owned banks and foreign banks.

Hong Kong Monetary Authority Warns About Phishing Messages Targeting China Construction Bank (Asia)

Hong Kong Monetary Authority Warns About Phishing Messages Targeting China Construction Bank (Asia)

HKMA issues alert on phishing instant messages involving China Construction Bank (Asia).

SingularityNET (AGIX) and AL’MA Action Logement Utilize AI and Knowledge Graphs for Sustainable Construction

SingularityNET (AGIX) and AL’MA Action Logement Utilize AI and Knowledge Graphs for Sustainable Construction

SingularityNET (AGIX) and AL’MA Action Logement are leveraging AI and Knowledge Graphs to innovate sustainable construction practices.

AI Image Editing: The Rise of Unified Concept Editing in Diffusion Models

AI Image Editing: The Rise of Unified Concept Editing in Diffusion Models

Exploring the groundbreaking advancements in AI with Unified Concept Editing in diffusion models, offering enhanced precision and control in image editing.

Construction Giant XCMG Chooses Conflux for NFTs and Future Global Blockchain Applications

Construction Giant XCMG Chooses Conflux for NFTs and Future Global Blockchain Applications

​​XCMG Construction Machinery Co., Ltd. (000425.SZ), the world's third largest construction machinery manufacturers, announced a partnership with Conflux, a leading public blockchain network, and Zen Spark Technology Pte Ltd, a Singapore-based blockchain and fintech company. The partnership aims to leverage blockchain and Web3 technologies to explore more international use cases.

Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract

Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract

American-Senegalese music icon Akon announced plans to build a cryptocurrency city that would revolutionize the developing economic landscape in Africa.

Ethereum’s Sideways Consolidation to Continue as Indicator Shows ETH is Currently Undervalued

Ethereum’s Sideways Consolidation to Continue as Indicator Shows ETH is Currently Undervalued

Market analyst Michael van de Poppe has noted that ETH’s sideways consolidation will continue until a "bottoming construction"comes up.

FUSANG Exchange Announces CCB $3 Billion Digital Bond Listing Suspended

FUSANG Exchange Announces CCB $3 Billion Digital Bond Listing Suspended

FUSANG exchange announced that the listing of the $3 billion digital bond backed by China Construction Bank has been suspended.

Major China Bank Disables Digital Yuan Wallet Registration After Launch Draws Intense Public Attention

Major China Bank Disables Digital Yuan Wallet Registration After Launch Draws Intense Public Attention

China Construction Bank (CCB) opened registration service for the DCEP wallet via its mobile app but disabled the new feature shortly after.

FUSANG Exchange Lists First Publicly Available Blockchain-Based Digital Bond Backed by CCB

FUSANG Exchange Lists First Publicly Available Blockchain-Based Digital Bond Backed by CCB

Asia’s first digital security exchange FUSANG is partnering with heavy weight China Construction Bank (CCB) to offer the first ever digital, tokenized, blockchain-based bond.

Open Banking & Banking Digital Transformation Congress will be held in August in Shanghai

Open Banking & Banking Digital Transformation Congress will be held in August in Shanghai

Open Banking&Banking Digital Transformation Congress 2020 will be held on September 24-25 in Shanghai with a focus on digital transformation and open ecosystem construction of large state-owned banks, joint-stock banks, urban commercial bank, and foreign bank, etc. The congress will mainly discuss how iABCD empower retail, micro and corporate finance from perspectives of policy transmission, ecological construction, cultural innovation, business model innovation, product innovation, risk management, marketing, and the user experience, etc.

China Allows Building of Hydroelectric Plant in Well Known Bitcoin Mining Town

China Allows Building of Hydroelectric Plant in Well Known Bitcoin Mining Town

Government authorities in China have allowed construction to go ahead to increase the capacity of current hydroelectric plants in the Ya'an district of Sichuan, a town popularly known in cryptocurrency circles to be teeming with Bitcoin miners.

Hypervine Pilots Blockchain-Enabled Satellite Data Project to Curb Climate Impact of Mining Sector

Hypervine Pilots Blockchain-Enabled Satellite Data Project to Curb Climate Impact of Mining Sector

Hypervine, a blockchain construction company based in Glasgow, Scotland, has revealed the kicking off of a blockchain-powered project that will utilize satellite data to boost efficiency in the mining industry. Expressly, it will be funded by the European Space Agency (ESA).

China’s Central Bank to Develop Blockchain-Based Trade Finance Platform for the Greater Bay Area

China’s Central Bank to Develop Blockchain-Based Trade Finance Platform for the Greater Bay Area

China’s Central Bank, the People’s Bank of China (PBoC) announced its development plans for outlining a blockchain-based trade finance platform for the Greater Bay Area that links Hong Kong, Guangdong, and Macao. Governing entities in China, including the PBoC, China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau came together to issue the official document for the proposal. The entities submitted their suggestions on financing the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, focusing on global trade and finance.

Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance

Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance

Shanghai Municipal Commission of Commerce had signed a written proposal giving the Shanghai government departments and six financial companies an opportunity to establish an E-port area blockchain alliance with the sole aim of fostering international trade and financial services.

China Issues New ‘Bejing Action Plan’ to Accelerate the Inclusion of Blockchain in the Economy

China Issues New ‘Bejing Action Plan’ to Accelerate the Inclusion of Blockchain in the Economy

The Chinese government issued a new “Beijing Action Plan” aiming to accelerate the inclusion of new emerging technologies in the country’s economy. China aims to leverage new technologies including artificial intelligence (AI), 5G, industrial internet, blockchain, big data, and others to promote the steady growth of Beijing’s economy post-pandemic.

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