BEIJING TO HAND OUT AROUND $6.27 MILLION IN DIGITAL CURRENCY

Highlights –

• Beijing to hand out around $6.27 million in digital currency.
• Beijing Local Financial Supervision and Administration Bureau will do the same through a lottery system.
• China has been developing digital yuan since 2014, but...

Blockchain Technology being used widely as China issued bonds worth $2.8 billion too many small businesses through it

The term "blockchain technology" usually means the open, reliable, publicly accessible directory that allows us to transfer unit ownership with public key encryption and proof of working practices in a secure way.

Bank of China, one of China's four main commercial banks, h...