[ad_2][ad_1] According to a Ripple executive, the distributed payment service provider has an eye on the expansion of operations in the Chinese market. Jeremy Light, vice president of Ripple of the strategic accounts of the European Union, spoke with CNBC by telephone yesterday, during which time he confirmed the company's …
Read More »Bank of China cooperates with China UnionPay to explore Blockchain for payment systems
[ad_2][ad_1] The Commercial Bank of China (BOC) and the financial services company China UnionPay (CUP) have entered into a partnership, according to an August 15 announcement. According to the terms of the agreement, the two parties will jointly explore the blockchain technology applications for the development of payment systems. The …
Read More »Y Combinator reveals Ex-Baidu Blockchain Bull Qi Lu as CEO of the New China Division
[ad_2][ad_1] The former COO of Chinese Baidu and blockchain bull Qi Lu joined Y Combinator (YC) to manage the new Chinese division, according to a blog post on August 14th. Y Combinator – the leading Silicon Valley based business accelerator that has funded startups like Dropbox, Airbnb, Coinbase, Reddit, has …
Read More »Ripple turned to China with blockchain-based payment technology, says exec
[ad_2][ad_1] Ripple addresses the Chinese market with its distributed register technology designed to accelerate cross-border payments, a company executive at CNBC said.
Read More »The new head of China of Y Combinator is bullish on Blockchain
[ad_2][ad_1] Y Combinator (YC) has just announced a new division in China and its leader believes that blockchain will bring long-term benefits to startups, according to a report The seed investment company based in Silicon Valley, which has incubated major startups including Reddit, Dropbox and Crypto exchange Coinbase, has officially …
Read More »Bank of China to increase Fintech spending, to continue projects Blockchain – CIO Journal.
[ad_2][ad_1] The Bank of China information manager recently shared details on the bank's blockchain efforts while unveiling plans to increase fintech spending, according to local news Liu Quiwan said the commercial bank run by State, which is distinct from China's central bank, will increase its investments in a range of …
Read More »China issues the first invoice authorized by the tax authorities on Blockchain
[ad_2][ad_1] China's first digital bill on the blockchain was issued in the southeastern city of Shenzhen, the local EEO news platform reports on August 10th. This is the first implementation of a pilot blockchain ecosystem for invoices that was developed by Tencent – the developer of the 1 billion WeChat …
Read More »Bank of China CIO says Bank to increase investment in Blockchain, Fintech
[ad_2][ad_1] The state-run Commercial Bank of China, not to be confused with the People's Bank of China, announced plans to further invest in fintech innovation, according to the local paper The Paper August 9 Citing comments at a press conference on the banking sector, The Paper reports that the Bank …
Read More »XRP-Centric SBI Holdings collaborates with OneConnect for China serving 468 banks and more
[ad_2][ad_1] In the most recent financial report of SBI Holdings, the company had mentioned how it would continue to expand its reach globally by creating synergies / partnerships / joint ventures through the creation of a new ecosystem based on digital resources that would realize further: Expansion of investments in …
Read More »HK promotes the fintech companies of mainland China abroad
[ad_1] Hong Kong can help promote financial technology or Fintech companies in mainland China worldwide and create access to international finance, said a key official at the department level of the Hong Kong Special Administrative Region. Charles d & # 39; Haussy, head of Fintech of Invest Hong Kong, who …
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