Blockchain News

Chinese companies are still topping the blockchain patents charts – despite Beijing’s recent crackdown on crypto and some of the nation’s biggest tech firms.

After a delay on Friday, the new Terra (LUNA) blockchain started producing blocks on Saturday in an attempt to relaunch its ecosystem after a spectacular failure that erased billions in market value.

DCash, a central bank digital currency (CBDC) commissioned by the Eastern Caribbean Central Bank (ECCB), has remained offline for more than a month as technical issues continue to impact the platform, triggering growing concern among its users.

China will allow overseas visitors from around the world to use its digital yuan for the first time at next month’s Winter Olympics, the central People’s Bank of China (PBoC) has confirmed.

Global telecommunications companies are growing increasingly keen on blockchain technology – as Germany and Europe’s largest telecoms provider Deutsche Telekom (DT) announced it has teamed up with the financial industry heavyweight Andreessen Horowitz in a new deal involving the Celo blockchain network.

Carmaking giants BMW, Ford and Honda have teamed up with auto insurance providers and tech heavyweights such as IBM and Accenture on an international cross-industry, blockchain-powered vehicle history platform.

Advancing its project to become “a metaverse company,”  Facebook unveiled a plan to rollout some 10,000 new high-skilled jobs across the EU over the next 5 years.

What was set to become the biggest initial public offering (IPO) in the world – the floating of Chinese business giant Alibaba’s fintech and blockchain arm Ant Financial – could well be back on at some point in the future, the nation’s central bank boss has hinted.

The South Korean government has pledged to spend USD 7 billion on public projects this year, a figure that will include blockchain spending. The money will back what ministers have labeled the “Korean New Deal,” and particularly what they have called the “core” of the measures, the “Digital New Deal,” which will receive billions of dollars’ worth of further investment in the years up to 2025.

The Japanese IT giant Fujitsu is to embark on a blockchain technology-powered payment project at a major new commercial center in Saitama, some 30km from Tokyo.