Chinese CBDC

China’s Nationwide Blockchain Network BSN Will Launch in April 2020

Founded by government-run entities, China’s nationwide blockchain network will launch in April 2020, following a six-month beta testing period. China’s nationwide blockchain network, the Blockchain-based Ser­vice Net­work (BSN), will launch in April 2020, six months after it was rolled out for testing. Backed by Chinese government policy think tank the State In­for­ma­tion Cen­ter (SIC), the […]

Yuan to Go Digital

Chinese digital currency, the first of its kind in the world, to offer both convenience and security After the remarkable success in digitalizing payments nationwide, China is ready to unveil its next financial innovation by launching its own digital currency, the central bank digital currency (CBDC). The flourishing of the world’s first cryptocurrency Bitcoin, a […]

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