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Bitcoin Daily: People’s Bank Of China To Certify Digital Payment Products; Korean Security Agency Supports Blockchain Projects With $9M Fund

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The People’s Bank of China announced that it will certify 11 types of financial technology hardware and software used for digital payment and blockchain services. His comments even caused a price boost of bitcoin and blockchain stocks to the point that the Chinese state media advised people to stay levelheaded.

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Tencent Steps Into Blockchain Trade Finance Space In B2B Push

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Chinese conglomerate Tencent is the latest to step into the blockchain trade finance space via its FinTech unit Tencent Financial Technology, according to reports in China Daily on Friday (Nov. Its focus on trade finance and SMB services marks Tencent’s recent restructuring and refocus on B2B operations.

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Thailand Govt Eyes Blockchain To Track Taxes

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To be certain of taxes, will blockchain seal the deal? Last week, Thailand’s Revenue Department was reported to be bringing blockchain projects into the fold to track tax payments, aided by machine learning. As might be expected, smart contracts are tied to those blockchain aims. Bread By Blockchain.

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Governments Sending Mixed Signals On Blockchain

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Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. securities bar.”. SEC Chairman Jay Clayton spoke Monday (Jan.

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Blockchain Tracker: Governments Trust In Blockchain

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Given the fact that governments can be impacted by myriad factors at any time, they need to have a solid financial management system in place. For government institutions, perhaps the answer lies in the ability to share information in a secure fashion between individuals and institutions.

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Taiwan’s Central Bank Might Implement Blockchain

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Taiwan’s central bank is looking into implementing blockchain technology in order to improve its operations. Big Data and even artificial intelligence and other technologies [will] help our bank to predict and analyze economic and financial conditions more effectively.”. “Big

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Brazil’s Big Blockchain Bounce (And Other Digital Payments Advances)

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The digital payments news out of Brazil has been fast and furious over the last few weeks – particularly when it comes to blockchain. The big story, however, has been blockchain, as entities public and private are hoping it might just be the digital magic bullet the entire ecosystem needs. The Blockchain Bonanza.