The Cyberspace Administration of China (CAC) announced the commencement of an in-house effort to expedite blockchain development and innovation across 15 zones and 164 entities. The initiative aims for the large-scale implementation of blockchain technology across businesses and government organizations in China. The CAC, along with other government agencies, directed the … [Read more...] about China pilots nationwide blockchain development over real-world use cases
Development
Binance to Set Up Crypto Exchange With Thailand's Gulf Energy Development
Binance has agreed to set up a cryptocurrency exchange with Thailand's Gulf Energy Development.Gulf Energy Development, a publicly traded holding firm, informed the Thai Stock Exchange Monday that its subsidiary Gulf Innova is to study developing a digital asset exchange with Binance.Gulf Energy Development says it foresees "rapid growth in digital infrastructure" in the … [Read more...] about Binance to Set Up Crypto Exchange With Thailand's Gulf Energy Development
Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund
The Human Rights Foundation announced on Tuesday that it intends to distribute 425 million satoshis — the smallest divisible unit of a Bitcoin — to various contributors as a part of its ongoing Bitcoin Development Fund.Launched in May 2020, the Bitcoin Development Fund is primarily focused on improving the Bitcoin network’s privacy, usability and security. The Foundation said … [Read more...] about Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund
‘We are 50% of the way there,’ says Vitalik on Ethereum’s development
Vitalik Buterin has walked listeners through a five-part roadmap on the latest Bankless podcast where he outlined the necessary steps for Ethereum to survive and thrive. In order to achieve ultimate scalability and decentralization, Butalik claimed that Ethereum needs to be more agile and more lightweight in terms of blockchain data so that more people can manage and use it.At … [Read more...] about ‘We are 50% of the way there,’ says Vitalik on Ethereum’s development
Shanghai includes metaverse in its development plan
Shanghai, China’s most crowded city, is looking for ways to use a metaverse in public services over the next five years.Shanghai Municipal Commission of Economy and Information Technology’s five-year development plan for the electronic information industry listed four frontiers for exploration, and one of them is the metaverse.According to a CNBC report, the paper called for … [Read more...] about Shanghai includes metaverse in its development plan