WeChat Supports Digital Yuan Pilot Campaign
WeChat announced its support for the digital yuan program. Its users will be able to make digital yuan transactions as part of the pilot experiment. The central bank digital currency (CBDC) program has expanded to 11 more cities. WeChat, a popular Chinese messaging and social media platform were one of the first big Chinese apps […]
Australia and Singapore concludes joint venture digital verification blockchain pilot
The joint venture between Australia and Singapore saw a nine-month blockchain initiative assessing the cost and time efficiency of the two countries’ digital verification systems has been deemed to be a success. The Australian Border Force (ABF), Singapore Customs, the Infocomm Media Development Authority of Singapore (IMDA), and other industry representatives have completed a blockchain […]