How digital currencies will shape the future of geopolitics

2018-11-15 15:00

The US dollar's global reserve status is becoming precarious as competing superpowers China, Russia and Europe seek alternatives to the SWIFT system and trade settlement. China has harnessed blockchain and is close to a digital national currency that will integrate with national surveillance - could this be the largest market for privacy coins?

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national china digital currency close trade settlement

national china → Результатов: 32


China drafts regulation to stamp out blockchain anonymity

After killing all legitimate cryptocurrency businesses in the country, Chinese authorities are now turning their attention to other blockchain service providers. The country’s apex internet regulator, Cyberspace Administration of China (CAC), released a draft policy on Friday that will require all companies to collect their users’ real names and national identification card numbers before offering them any blockchain related service.

2018-10-22 13:18


Real Reason Why China Doesn’t Want Blockchain: Strict Censorship

The Cyberspace Administration of China is tightening its stance against anonymity offered under the garb of blockchain technology. The central internet regulator, notorious for its role in building the so-called “The Great Firewall of China,” has drafted new regulations that would require local blockchain companies to register users with their real names and national identification.

2018-10-22 12:10


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China’s two new satellites are a step towards completion of its Space Silk Road

China has successfully launched another two satellites that will be part of its native BeiDou Navigation Satellite System (BDS) – the country’s competitor to the American GPS system. The satellites will bolster China’s ambitious Space Silk Road project – the country’s programme to boost its global revenue from positioning and navigation systems.

2018-10-15 19:03


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An Australian Blockchain Experiment: Tracking Global Almond Shipments

Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built on the Ethereum blockchain.

2018-7-31 23:13


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Chinese authorities are sampling sewage to flush out drug users

The Chinese government is analyzing urine and feces from sewage as part of a sweeping national crackdown on illegal drug use. China isn’t the first country to sift through sewage in order to collect data on illegal drug use, but as far as we know it’s the first to implement the technique in actual law enforcement situations — a move which prompts a litany of privacy and citizen safety concerns.

2018-7-16 21:10


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Thousands of Miners Reportedly Damaged, Heavy China Rainfall

Sichuan province has been hit by continuous heavy rainfalls in the last weeks, affecting thousands of people and causing heavy economic losses, according to the Ministry of Water Resources. According to the National Meteorological Center, heavy rainfall hit areas including Hubei, Sichuan and Jiangsu provinces from last Thursday to Sunday. “The Sichuan province had become

2018-7-6 21:06