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The Former President of BOC said Blockchain Challenges Financial Institutions and Restructures Economy and Finance

The Former President of BOC said Blockchain Challenges Financial Institutions and Restructures Economy and Finance Li Lihui, the former chairman of Bank of China, said on the Global Blockchain Summit hosted by Wanxiang Blockchain Labs that blockchain technologies are widely applied in finance, disrupting the industry by challenging the role of traditional financial institutions as an agent.

ChainDD. 昨天 views:21.8k

ChainDD Exclusive | SBI Holdings Introduced the Fourth Mega Bank Concept with A Cryptocurrency Focus

Japan is an island holding 135 banks so why SBI Holdings still wants to the fourth-largest banks following the three major Japanese banks? What is the second revolution facing Japan’s banking and financial systems? An in-depth analysis of Japan’s banking and financial systems is provided by ChainDD.

ChainDD. Sep 17 views:128.4k

Facebook Faces Opposition Again: France and Germany Agree to Block Facebook's Libra

The French finance ministry said on Friday that France and Germany have agreed to block Facebook’s Libra cryptocurrency. The two governments affirmed in a joint statement that the two governments affirmed: “no private entity can claim monetary power, which is inherent to the sovereignty of nations”.

ChainDD. Sep 15 views:232.2k

Breaking | Ten Important Guests Confirm to Join CHAINSIGHTS Global Fintech Summit in New York

The 2019 CHAINSIGHTS Fintech and Blockchain Summit will be held on October 10th in New York Merriott Marquis. Senior managers, influential elites in financial and technological fields, as well as business leaders in both China and the US that have interests in cryptocurrency and blockchain will discuss the trend of digital trust revolution, the wisdom of decentralization and capitalism, decentralized finance and token assets.

ChainDD. Sep 13 views:333.1k

ChainDD Exclusive | CoinTiger Exchange is Mired in Stolen Coins: Who Will Pay for the Lost 400 Million PTT?

The cold wallet of CoinTiger exchange was stolen, and the proton chain of 400 million PTTs was missing, which made investors suffer huge losses. After the incident, the exchange and the project side launched a number of rounds of announcements, which formed a confrontation, but CoinTiger did not come up with a valid compensation plan. Instead, it closed the PTT coin-return function (the coin channel was still open).

ChainDD. Sep 11 views:457.6k

ChainDD Exclusive | 7 New Cryptocurrencies Listed, 36.36% Less Than Last week

According to ChainDD Thinktank, 7 new cryptocurrencies listed by September 8th but the number saw a 36.36% decrease compared with the number of the previous week.

ChainDD. Sep 10 views:522.4k

Japan’s Financial Services Agency Announced 10 Key Findings of National Fintech and Blockchain Practices

Five key findings in fin-tech experimental process were announced by FSA’s top financial regulator. The findings include sufficient data privacy protection, Fintech Innovative Lab establishment for future technology support, relevant regulations and policies formulation for demands of different industries, digitalization of financial monitoring and infrastructure, and dealing with global events.

ChainDD. Sep 09 views:575.9k

Japan’s Financial Services Agency Welcomes Applications of International Companies for Experimental Programs with Openness

A Japan-based analyst with ChainDD interviewed Ryozo Himino, the vice minister for international affairs of the FSA, about his viewpoints on FSA program—Fintech Innovation Hub, and the types of programs focused on by regulators.

ChainDD. Sep 08 views:572.1k

Joint Platform of XuperChain and Qingdao Arbitration Commission Was Launched

Qingdao Arbitration Commission and XuperChain jointly launched a digital platform for arbitration cases handling and digital evidence.

ChainDD. Sep 07 views:640.9k

Japan's Fiscal Report Season: Which Encryption Exchanges are Making a Fortune Silently?

The listed companies behind several large-scale crypto exchanges have repeatedly reported good news. The world's first legal exchange has ended in disappointment. Japanese giants want to attack the US market.

ChainDD. Sep 06 views:705k

ChainDD Live Report | 2019 Japan Fintech Summit: Blockchain and Libra

The global summit is organized by Japan’s Financial Services Agency (FSA) and the Nikkei with a focus on fintech application, blockchain technology development and regulation challenges posed by Libra.

ChainDD. Sep 04 views:763.4k

11 Security Breaches in August Resulted in 60-Million-RMB loss

Security loopholes of cryptocurrency exchange that occurred in August have led to a loss of over 60 million RMB statistically. Compared with July, fewer hacking incidents happened in August and the loss was smaller. However, there is an increasing tendency of Exchanges being hacked via security breaches.

ChainDD. Sep 03 views:852k

CRDB’s MSME Online Service Management Center is Located in Xiong’An, Providing Online Lending Service by Blockchain and Other Technologies

Agricultural Development Bank of China official website shows that on August 30, MSME online service management center is located in Xiong’An New District.

ChainDD. Sep 02 views:863k

Decrypting Stablecoins "Regular Army" PAX - TaaS is the Next Exit of Stablecoins

It seems that all stablecoins have become untrustworthy. Where is the future of stablecoins?

ChainDD. Sep 01 views:958.2k