logo cpn.png
  • Home

  • Featured

  • News

  • Press Release

  • Interviews

  • Events

  • Contact Us

  • More

    Use tab to navigate through the menu items.
    • All Posts
    • Altcoins
    • Analysis
    • Binance
    • Bitcoin
    • Cryptocurrencies
    • Events
    • Exchanges
    • Featured
    • Guides
    • Interviews
    • Libra
    • Markets
    • News
    • Regulations
    • Press Release
    • sponsored analysis
    • sponsored guide
    • sponsored news
    • Sponsored Posts
    • Startups
    • Trading
    Search
    China’s Government Identifies Essential Application Areas For Blockchain Adoption
    Crypto News Point
    • Jun 9, 2021
    • 2 min

    China’s Government Identifies Essential Application Areas For Blockchain Adoption

    Report said that China’s Office of the Central Cyberspace Affairs Commission and the Ministry of Industry and Information Technology (MIIT) have identified four essential application areas for blockchain adoption. It has been reported that the MIIT’s five-point agenda for blockchain adoption is part of a document issued on Monday detailing guiding opinions to accelerate the promotion of the emerging technology for industrial development. However, as previously reported, China
    0 comments
    China Launches Another Digital Yuan Lottery To Stimulate Its Ongoing Digital Currency Trials
    Crypto News Point
    • Jun 5, 2021
    • 2 min

    China Launches Another Digital Yuan Lottery To Stimulate Its Ongoing Digital Currency Trials

    The capital of Beijing is launching another digital yuan lottery to stimulate its ongoing digital currency trials. It has been reported by The Beijing Local Financial Supervision and Administration that the Chinese government will distribute 40 million digital yuan ($6.2 million) to Beijing residents as part of a new digital currency pilot. However, starting in June, the program features “red envelopes,” a traditional way of gifting money, with each providing a free online wa
    0 comments
    JD.com Supports China’s Digital Currency Payment To Pay Salary To Employees
    Crypto News Point
    • Apr 28, 2021
    • 2 min

    JD.com Supports China’s Digital Currency Payment To Pay Salary To Employees

    JD.com, the Chinese e-commerce company, has supported China’s digital currency payment to pay salaries to employees. It has been reported that JD.com has been using China’s Digital Currency Electronic Payment (DCEP) system since January. However, the e-commerce firm revealed the news on Sunday while announcing its participation in the one-year DCEP trial show at the fourth Digital China Summit in Fuzhou slated for Sunday and Monday. By commenting on its digital yuan adoption
    0 comments
    China To Allow Foreign Athletes To Use Its Digital Currency During Beijing Winter Olympics In 2022
    Crypto News Point
    • Apr 21, 2021
    • 2 min

    China To Allow Foreign Athletes To Use Its Digital Currency During Beijing Winter Olympics In 2022

    China has planned to allow foreign athletes and visitors to use the county’s digital currency during the Beijing Winter Olympics in 2022. It has been reported that Li Bo, the Deputy Governor of the People’s Bank of China (PBoC), said that the upcoming Winter Olympics could potentially become the first test of China’s central bank digital currency (CBDC) by foreign users. Li said: “For the upcoming Beijing Winter Olympics, we were trying to make e-CNY available not only to dom
    0 comments
    China’s Inner Mongolia To Close Down All Local Crypto Mining Facilities To Reduce Energy Consumption
    Crypto News Point
    • Mar 2, 2021
    • 2 min

    China’s Inner Mongolia To Close Down All Local Crypto Mining Facilities To Reduce Energy Consumption

    China’s Inner Mongolia has decided to close down all local cryptocurrency mining facilities to reduce energy consumption in the region. It has been reported that the Inner Mongolia National Development and Reform Commission (NDRC) released an official proposal to shut down local crypto mining operations in line with its energy-saving rules. However, the draft proposal suggests “comprehensively clean up and shut down virtual currency mining projects” by the end of April. The a
    0 comments
    Ernst & Young Expands Its Blockchain Services In China, Partners With BSN And FISCO BCOS
    Crypto News Point
    • Feb 8, 2021
    • 2 min

    Ernst & Young Expands Its Blockchain Services In China, Partners With BSN And FISCO BCOS

    Ernst & Young (EY), the London-based multinational professional services network, has expanded its blockchain services in China in partnership with major local blockchain projects Blockchain Service Network (BSN) and Financial Blockchain Shenzhen Consortium (FISCO BCOS). It has been reported that EY will specifically offer its two blockchain solutions, EY Blockchain Analyzer and EY OpsChain, through the Chinese national blockchain initiative, the Blockchain-based Service Netw
    0 comments
    People Of China Conduct 20,000 Transactions Via JD.com
    Crypto News Point
    • Dec 15, 2020
    • 2 min

    People Of China Conduct 20,000 Transactions Via JD.com

    Report said that people of China have conducted around 20,000 transactions through e-commerce company JD.com in a trial of the country’s digital yuan. It has been reported by JD.com that 80% of participants born in the 1980s and 1990s used the platform to conduct transactions in the digital currency starting on Friday evening, with at least one transaction larger than $1,527. However, the e-commerce site also reported the numbers as the city of Suzhou conducted a real-world t
    0 comments
    China Plans To Adopt Blockchain For Several Use-Cases In The City
    Crypto News Point
    • Nov 2, 2020
    • 2 min

    China Plans To Adopt Blockchain For Several Use-Cases In The City

    Chengdu, the city in China, plans to adopt blockchain for several use-cases throughout the city, including urban governance, cross-border trade, smart manufacturing, and agriculture. It has been reported that during the 2020 Chengdu Global Innovation and Entrepreneurship Fair, the city’s first International Blockchain Industry Expo, Lu Tiecheng, the Secretary of the Party Group of the Chengdu New Economy Committee, released the “Chengdu Blockchain Application Scenario Supply
    0 comments
    China’s $1.5 Million Digital Yuan Lottery Winners Receive Their “Red Packets” Of Digital Yuan
    Crypto News Point
    • Oct 19, 2020
    • 1 min

    China’s $1.5 Million Digital Yuan Lottery Winners Receive Their “Red Packets” Of Digital Yuan

    A report said that the vast majority of China’s $1.5 million digital yuan lottery winners have received and spent their “red packets” of digital yuan. On October 18, it has been reported by the Shenzhen authorities that as of October 18, a total of 47,573 out of 50,000 lottery winners in China have received their prizes. However, the winners conducted a total of 62,788 transactions accounting for 8.8 million yuan ($1.3 million), as this amount represents about 88% of the tota
    0 comments
    China’s Largest Chemical Producers Launches New Blockchain Warehouse Receipt Platform
    Crypto News Point
    • Oct 17, 2020
    • 2 min

    China’s Largest Chemical Producers Launches New Blockchain Warehouse Receipt Platform

    A report said that one of China’s largest chemical producers has launched a new Blockchain Warehouse Receipt Platform to help the industry combat the rising costs of operations and trade financing. It has been reported that increased demand for more environmental and safety measures amidst the pandemic has further driven costs up in China’s petrochemical trade. However, small enterprises were already struggling to meet the credit conditions of financial lenders, as a lack of
    0 comments
    China’s First Blockchain-Powered Hospital To Launch In 2021, Government Officials Voiced Concerns Ov
    Crypto News Point
    • Oct 7, 2020
    • 2 min

    China’s First Blockchain-Powered Hospital To Launch In 2021, Government Officials Voiced Concerns Ov

    China’s first blockchain-powered hospital is set to launch in 2021, but some government officials voiced concerns over data security. It has been reported by Cn-Healthcare that the first affiliated hospital of Dalian Medical University will launch a pilot program by January 2021 as blockchain integration is still incomplete. The hospital will use the blockchain to store patient and treatment information. However, the operators also said that such a blockchain-powered platform
    0 comments
    China’s BSN Integrates Tezos Blockchain
    Crypto News Point
    • Sep 26, 2020
    • 1 min

    China’s BSN Integrates Tezos Blockchain

    China’s Blockchain Service Network (BSN) has announced the integration of the Tezos blockchain onto its international portal. On September 24, it has been reported in an announcement that Tezos has been selected as the “one of the first batch of blockchains” to be integrated into the BSN International, a global platform providing access to public chain services on the BSN. However, due to the integration, developers worldwide can now access the Tezos protocol using BSN’s glob
    0 comments
    Digital Asset’s DAML To Connect Diverse Blockchains On A National DLT Project In China
    Crypto News Point
    • Sep 15, 2020
    • 2 min

    Digital Asset’s DAML To Connect Diverse Blockchains On A National DLT Project In China

    Digital Asset’s DAML will connect diverse blockchains on a national DLT project in China, as the Blockchain Services Network (BSN), the largest blockchain infrastructure initiative in China, now has a unified smart contract programming language. It has been reported that Red Date Technology, a major tech company involved in the BSN’s development, will add support for DAML, a smart contract language developed by Digital Asset. On September 14, the companies’ executives said th
    0 comments
    Chinese Recruiting Platforms Show Blockchain-Related Salaries Are On The Rise Across China
    Crypto News Point
    • Aug 6, 2020
    • 1 min

    Chinese Recruiting Platforms Show Blockchain-Related Salaries Are On The Rise Across China

    Chinese recruiting platforms show that blockchain-related salaries are on the rise across China, as this is likely due to the high demand for specialists in the sector. It has been reported by Chainnews that quoting statistics from Zhaopin, “hundreds” of companies in China have been hiring staff for blockchain-related jobs. Monthly salaries start at $2,865 on average. This figure has skyrocketed from an average of $1,230 last year. However, higher salaries are being offered t
    0 comments
    Cypherium To Develop Blockchain Infrastructure In China
    Crypto News Point
    • Jul 30, 2020
    • 2 min

    Cypherium To Develop Blockchain Infrastructure In China

    Enterprise-level blockchain platform Cypherium is going to contribute to the blockchain development of a major Chinese city. Cypherium has signed a Memorandum of Understanding with Suzhou City Municipal to advance the city’s development of blockchain Infrastructure as announced on July 28. We have signed an #MOU with Suzhou City Municipal to advance the city’s development of blockchain Infrastructure. Take a read here [https://t.co/YOzoKqFCMY] and let us know what you think?
    0 comments
    Crypto News Point
    • Jul 28, 2020
    • 2 min

    China’s Blockchain-Based Service Network To Integrate 40 Public Blockchains Within A Year

    China’s Blockchain-Based Service Network (BSN) will be integrating 30- 40 public blockchains within a year. He Yifan, CEO of Red Date Technology, the private company behind the BSN said that the network aims to integrate some of the most well-known public blockchain networks by June 2021. In the following year, it will further integrate more blockchains in an effort to double that number. Launched in April, BSN is China’s first government-backed blockchain initiative that was
    0 comments
    Huawei Files For Blockchain Patent Related To Storage Methods And Devices
    Crypto News Point
    • Jul 28, 2020
    • 1 min

    Huawei Files For Blockchain Patent Related To Storage Methods And Devices

    Huawei have applied for a new patent related to blockchain technology which deals with storage methods and devices. The Chinese tech giant holds a number of other relevant patents, including topics like Blockchain-based settlement methods. According to the Chinese corporate database, Tianyancha, the smartphone manufacturer filed for a “blockchain ledger storage and device,” patent on January 17, 2019 where the application announcement date was set for July 14: #Huawei Technol
    0 comments
    Alibaba Payments Subsidiary Ant Group Launches AntChain Blockchain Solution
    Crypto News Point
    • Jul 23, 2020
    • 1 min

    Alibaba Payments Subsidiary Ant Group Launches AntChain Blockchain Solution

    The payments subsidiary of Alibaba, Ant Group has launched a new blockchain solution called AntChain. According to a report AntChain is built on top of Ant Group’s blockchain technology that includes artificial intelligence, the Internet of Things (IoT), secure computation, and other technologies. Alibaba payments arm Ant launches new technology brand to help speed up digital transformation of traditional industries https://t.co/FoTWDbHJbH — SCMP News (@SCMPNews) July 23, 20
    0 comments
    Supreme Court Of China Believes Cryptocurrency Property Rights Should Be Strengthened
    Crypto News Point
    • Jul 22, 2020
    • 1 min

    Supreme Court Of China Believes Cryptocurrency Property Rights Should Be Strengthened

    Supreme Court of China believes that cryptocurrency property rights should be strengthened. According to a July 22 document, China’s Supreme Court has called out for strengthening the protection of property rights pertaining among other things “digital currency, network virtual property, and data.” The official court opinion aims to: “promote the improvement of a modern property rights system with clear ownership.” The document also mentions the intention to strike against th
    0 comments
    Crypto News Point
    • Jul 22, 2020
    • 1 min

    China’s Blockchain Service Network Splits Into Two Separate Entities Over Disagreement About Public

    China’s Blockchain Service Network (BSN) has split into two separate entities after a disagreement about the integration of public blockchains. It has been reported that China’s consortium was founded to promote the advance of blockchain technology in the country. However, it is splitting into two independent entities: BSN-Chain and BSN-International, as BSN-International will be headed by one of the original members of BSN that happens to be a private company Red Date. A sou
    0 comments
    1
    2345
    logo-footer.png

    Follow Us On

    twiter-white.png
    insta-white.png
    fb-white.png
    yt--white.png
    mail@cryptonewspoint.com

    Advertising & Partnership  |  Disclaimer  |  Privacy Policy  |  Terms & Conditions

    None of The Information You Read On Crypto News Point Should Be Regarded As Investment Advice.
    Cryptocurrencies Are Highly Volatile, Conduct Your Own Research Before Making Any Investment Decisions.

    Contact Us

    Thanks for submitting! We will get in touch soon.