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
Pilots
Irish firm Accenture to oversee 5 ‘digital dollar’ pilots in the U.S.
The Digital Dollar Project, a non-profit organization co-founded by former Commodity Futures Trading Commission (CTFC) chairman Christopher Giancarlo, plans to launch five pilot programs focused on central bank digital currencies (CBDCs) within the next 12 months, a report by Reuters said yesterday.As FRB Chairman Powell has said, the goal is to get a US #CBDC right, not to be … [Read more...] about Irish firm Accenture to oversee 5 ‘digital dollar’ pilots in the U.S.
Volkswagen pilots blockchain to integrate electric vehicles with power grids
Automobile makers everywhere are betting big on electric vehicles as the world begins to push for environmentally friendly modes of transportation. For example, while fewer than 1% of cars on the roads in the United States today are electric, a number of automobile manufacturers are aiming to change this by stopping sales of gasoline-powered cars. At the end of January 2021, … [Read more...] about Volkswagen pilots blockchain to integrate electric vehicles with power grids