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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 -
Mu Changchun: The currency bridge blockchain is the core of the currency bridge technology architecture, and the underlying layer adopts the Da Sheng Consensus
We have built a technical system for the Currency Bridge platform, with the core being a blockchain specifically developed for the currency bridge: the Currency Bridge blockchain. "On November 2, Mu Changchun from the Digital Currency Research Institute of the People's Bank of China stated at the Currency Bridge Symposium of Hong Kong Science and Technology Week that the Currency Bridge blockchain is the core of the currency bridge technology architecture, supporting atomized payment and foreign exchange synchronous settlement business, wallet management, and privacy protection control...
Blockchain 2023-11-05 13:48:28 -
"Wood Sister" Warns Again about the Risk of Deflation, Advocates Bitcoin as the Best Hedging Tool
Founder of Ark Investment Management, Kathy Wood, stated in an interview on Thursday that she will definitely bet on Bitcoin, rather than gold or cash, to prevent potential deflation in the next decade.Wood reiterated her view that with the support of new technologies such as artificial intelligence, electric vehicles, robotics, genome sequencing, and blockchain, she is expected to usher in an era of price decline...
Blockchain 2023-11-05 13:48:28 -
Improving the cross-border payment system, Mu Changchun explains the design of currency bridge technology in detail
Beijing Business Daily (Reporter Liu Sihong) On November 2nd, Mu Changchun from the Digital Currency Research Institute of the People's Bank of China attended the Hong Kong Science and Technology Week Currency Bridge Symposium, sharing some considerations on the technical architecture and privacy architecture design of the multilateral central bank digital currency bridge project.We have built a technical system for the Currency Bridge platform, with the core being a blockchain specifically developed for the Currency Bridge: the Currency Bridge blockchain (mBridgeLedger or mBL)...
Blockchain 2023-11-05 13:48:27 -
MicroStrategy's latest Bitcoin holdings announced: over 158000 units
MicroStrategy, the world's largest listed company that holds Bitcoin, released its latest holdings data on Wednesday. As of October 31, it held over 158000 Bitcoins, with a total cost of $4...
Blockchain 2023-11-05 13:48:22 -
The correlation between Bitcoin and technology stocks may indicate the future of crypto prices
Halloween is the 15th anniversary of the publication of the Bitcoin White Paper, which discusses how Bitcoin will become an indispensable part of the global financial system. Since then, Bitcoin has come a long way, reaching a peak of over $65000 in November 2021...
Blockchain 2023-11-05 13:47:27 -
Mu Changchun: Digital Currency Bridge Platform Implements Privacy Control of Core Transaction Data
Beijing News Shell Finance News (Reporter Jiang Fan) On November 2nd, Mu Changchun, the Digital Currency Research Institute of the People's Bank of China, stated at the Hong Kong Science and Technology Week Currency Bridge Symposium that the Currency Bridge platform has achieved privacy control over core transaction data such as the identities of payers and payees, transaction amounts, and CBDC contracts invoked.Mu Changchun introduced that 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 the corresponding central bank/currency authority can understand the transaction details...
Blockchain 2023-11-05 13:47:15 -
Cailian News Agency, November 2 (Xinhua) - Bitcoin broke through its previous high, rising above $35600 per coin, reaching a new high since May 2022.
05:26:29 Cailian News Agency, November 2 (Xinhua) - Bitcoin broke through its previous high, rising by over $35600 per coin, reaching a new high since May 2022....
Blockchain 2023-11-02 11:31:21 -
Jiangsu Bank Beijing Branch Continuously Building Digital RMB Application Scenarios
In order to accelerate the popularization and application of digital RMB, Jiangsu Bank Beijing Branch's various business lines will collaborate and continue to build digital RMB application scenarios, and promote the expansion of digital RMB scenarios.This year, Bank of Jiangsu Beijing Branch opened a total of 37 digital RMB corporate wallets and 31 digital RMB payment merchants, assisting merchants in using the functions of digital RMB withdrawal, transfer, and payment receipt, allowing merchants to truly experience the security, efficiency, and convenience of digital RMB payment...
Blockchain 2023-10-31 14:08:34 -
China has completed its first international crude oil cross-border digital RMB settlement, purchasing 1 million barrels of crude oil
On October 27th, IT Home reported that according to Shanghai Securities News, China National Petroleum International Co., Ltd...
Blockchain 2023-10-29 23:48:12 -
Data "going up the chain" to assist in the cascade utilization of retired batteries - digital technologies such as blockchain empower industrial upgrading
Original title: Data "on the Chain" Helps Retired Battery Cascade Utilization - Digital technologies such as blockchain empower industrial upgradingWith the rapid development of industries such as new energy vehicles, the issue of battery recycling is receiving increasing attention. China has entered a large-scale retirement period for power batteries, and relevant institutions predict that the retired power batteries will reach 590000 tons by 2023...
Blockchain 2023-10-29 23:47:47 -
IFF Global Finance and Development Report 2023: foam Problem in Global Digital Finance Patents | IFF 20th Anniversary Global Annual Meeting
Southern Finance and Economics All Media Reporter Ma Jialu Reports from NanshaWith the deepening development of digital technology, the new model of "technology+finance" has received widespread attention worldwide. The "2023 Global Finance and Development Report" (hereinafter referred to as the "Report"), released at the 20th Anniversary Global Conference of the International Financial Forum (IFF) on October 28th, pointed out that digital technology is reconstructing the financial ecosystem, and big data, artificial intelligence, and blockchain finance are leading the development of global digital finance...
Blockchain 2023-10-29 23:47:30
