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People's Bank of China Digital Currency Research Institute Receives Distributed Computing Patent
Distributed computing plays an increasingly vital role in modern technology, involving the decomposition of large computational tasks into smaller parts and executing them in parallel on multiple computers. A recent patent granted to the People's Bank of China Digital Currency Research Institute provides a novel solution in the field of distributed computing, aiming to improve security, trustworthiness, and efficiency...
Blockchain 2024-03-31 13:51:01 -
Central Bank Digital Currency Interconnection Solution: Moving Towards Reality
The rise of digital currencies is revolutionizing global cross-border payments. Traditional payment methods are costly and inefficient, while digital currencies promise faster, cheaper, and more convenient transactions...
Blockchain 2024-03-28 13:22:19 -
Central Bank Digital Currency Sandbox Experiments Reveal Transformative Potential for Cross-Border Payments and Trade
Central Bank Digital Currency Sandbox Experiments Reveal Transformative Potential for Cross-Border Payments and Trade Introduction The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has released the latest results from its Central Bank Digital Currency (CBDC) Sandbox collaborative experiments, demonstrating the transformative potential of digital currencies in revolutionizing cross-border payments and trade. Focus and Findings of the Experiments Bringing together 14 central banks, commercial banks, market infrastructures, and technology providers, the experiments explored the applications of CBDCs in three key areas: Simulated Digital Trade: Streamlining and expediting trade processes through tokenization and distributed ledger technology (DLT)...
Blockchain 2024-03-28 12:48:48 -
Chief Technology Officer | Dialogue with Suning Bank Huang Jin: Digital Development Strives for "Autonomous and Controllable" New Technology Applications Need to Solve Bank's Practical Problems
21st Century Economic Reporter Chen Zhi reports from ShanghaiWith the increasingly integrated development of technology and finance, how small and medium-sized banks can use technology to empower them to create differentiated business development strategies and business competitiveness has attracted market attention.Recently, Huang Jin, the Chief Information Officer of Jiangsu Suning Bank, stated in an interview with our reporter that since its inception, Jiangsu Suning Bank has been committed to building an "O2O" financial service system driven by technology, focusing on the "gap" business in the market, and making inclusive finance such as WeChat Finance, Industrial Chain Finance, and Consumer Finance as its core businesses, striving to find a differentiated development path...
Blockchain 2023-11-13 17:33:30 -
Lei Jun: I used to think USB wasn't too important, but in the past few years, I've been cursed
Xiaomi mobile phones have always been famous for their strong stacking of materials and high cost-effectiveness. However, in previous generations of Xiaomi flagship phones, Xiaomi has not yet used the USB 3...
Mobile Internet 2023-11-13 11:14:21 -
Di Gang from the Data Research Institute of the Central Bank: Loading smart contracts with digital renminbi is an important practice in practicing integrity and innovation
Reported by Tang Jing, a 21st Century Economic Reporter, from BeijingOn November 10th, during the 2023 Financial Street Forum Annual Meeting, the "5th Chengdu Financial Technology Forum - Financial Technology Integrity Innovation Forum" was held. Di Gang, Deputy Director of the Digital Currency Research Institute of the People's Bank of China, delivered a speech on the theme of "Integrity Innovation Opening a New Future of Payment", focusing on the development status of digital RMB and smart contracts...
Blockchain 2023-11-12 20:40:37 -
JD 11.11 Mobile Racing Chart Released, iPhone, Xiaomi, and Huawei Ranked in the Top Three in Accumulated Sales
With the arrival of 24:00 on November 11, 2023, JD November 11 successfully concluded with a record high in transaction volume, order volume, and user count. JD's live streaming sales have become popular, and the total number of viewers on JD's live streaming sales has exceeded 380 million...
Mobile Internet 2023-11-12 19:18:44 -
Tesla is referred to by investment banks as a "very expensive car company", with its stock price dropping by over 5% and its market value evaporating 280 billion yuan
On November 10th, local time, HSBC Global, a subsidiary of HSBC, rated Tesla's stock as "underweight" on Thursday, with a target stock price of $146. Tesla's stock price fell 5...
Industry dynamics 2023-11-10 07:33:11 -
Xiaomi's mobile phone shipment volume ranks first in Spain! Betting on the high-end market next year
Recently, Xiaomi announced that its branch in Spain has been established for six years. During these six years, Xiaomi has won the love and recognition of Spanish consumers with its excellent products and services...
Mobile Internet 2023-11-07 10:37:47 -
Mu Changchun from the Data Research Institute of the Central Bank: Monetary Bridge Achieves Privacy Control over Core Transaction Data
On November 2nd, at the Hong Kong Science and Technology Week Currency Bridge Symposium, Mu Changchun, Director of the Digital Currency Research Institute of the People's Bank of China, stated when discussing the privacy architecture design of the Central Bank's Digital Currency Bridge (hereinafter referred to as "Currency Bridge") project that the Currency Bridge platform has implemented privacy control over core transaction data such as the identities of payers and payees, transaction amounts, and CBDC contracts invoked. Through a pseudonym mechanism implemented by randomly generated key pairs, the currency bridge platform ensures that for a single cross-border transaction, only the counterparty and corresponding central bank/currency authorities can understand the transaction details...
Blockchain 2023-11-05 13:48:29 -
Lei Jun: The first sales of the Xiaomi 14 series have indeed set a record! Thank you all for your support
Xiaomi 14 SeriesLei Jun said, "Currently, there are too many orders that exceed expectations, and coupled with the pressure on order processing and logistics during the Double 11 period, it may take a few days to receive the goods. Please understand...
Mobile Internet 2023-11-02 11:31:28 -
WeWork plans to file for bankruptcy as early as next week, causing significant losses for SoftBank
On November 1st, according to insiders on Tuesday, WeWork, a shared office enterprise, plans to file for bankruptcy as early as next week. This company, supported by Japanese Softbank, is facing huge debts and losses...
internet 2023-11-01 08:32:44
