Search results: smart city

The Chinese city of Xiong’an, a prototype so-called smart city, has launched a new round of digital yuan giveaways. Fast facts Unlike previous giveaways, which have been based on a lottery system, authorities are handing out 3 million yuan in e-CNY based on the number of steps people walk in a bid to encourage fitness. […]

Agricultural Bank of China has set up a fintech innovation center in Xiong’an, a model for a so-called smart city.

Indian Web3 firm Airchains has announced a partnership with the New Town Kolkata Development Authority of West Bengal, to release 500,000 NFTs in hopes to enhance registration and transfer of land ownership. 

Top blockchain and crypto news: Asia’s crypto hub race. Is US debt ceiling fight a boon or a bane for crypto? China’s red carpet for metaverse investment.

The crypto world has been watching how one of the world’s largest blockchains responds to a hack last week and the questions it raises about the state of decentralization in the industry.

Mu Changchun, head of the central bank’s digital currency institute, says the agency is developing a platform to review and register smart contracts for e-CNY, the country’s new digital currency in trial.

Forkast sat down with Singapore’s biggest bank for insights into crypto regulations in the city-state. Singapore has a reputation for planning far ahead, so what’s in store for cryptocurrencies?

LUNA is now the 12th largest crypto, and Terra’s platform has been called ‘Alipay on the blockchain.’ What are Terra’s investment risks? Forkast.News explains.

Inspired by Miami’s launch of a city token — MiamiCoin — Mark Wheeler, the city of Philadelphia’s chief innovation officer, announced an initiative to bring blockchain and Web 3.0 technology to city governance. Fast facts Wheeler is currently conducting a discovery process to hold conversations with blockchain and Web 3.0 technology developers to understand the […]

As Ethereum has become the preferred blockchain for smart contracts, what’s the future of the Bitcoin blockchain?

Before the crypto-enthusiastic mayor-elect has been sworn in, a grassroots effort announces it will launch a Bitcoin-backed token to support the city.

Wolfram Blockchain Labs and Cardano are set to host a livestream event in which items from Wolfram’s computational universe will be “Liveminted” as NFTs on the Cardano network. Details of the event were shared on the website of Cardano’s parent company, Input Output Hong Kong recently, which said it would take place on July 28. […]

Smart cities could boost sustainability and quality of urban life, but some worry about privacy and data security. Can blockchain offer trusted solutions?

As nations and private firms venture farther into the galaxy, blockchain and distributed ledger technology could help enforce rules and resolve conflicts.

Blockchain and space expert Brian Israel of UC Berkeley Law discusses space regulations, carbon credit trading and more in this special Forkast.News interview.

Distributed ledger technology can help flatten the curve of Covid-19 through telemedicine, supply-chain security, rapid payments and more.

Coronavirus fears are sending markets tumbling. Could tokenized gold, or gold-backed crypto, be the next-generation investment in times of economic trouble?

Using blockchain and encrypted computing in smart cities can protect user privacy as China builds out a new data infrastructure, says Vincent Wang, chief innovation officer at Wanxiang Group.

Top blockchain and crypto news: Binance.US at risk. Ex-SEC official’s comments complicate Ripple suit. Hong Kong lawmaker aims to entice exchanges.

Virtual worlds currently exist in silos, and there is no easy way to communicate between ecosystems — which limits their value, writes Witek Radomski of Enjin.

What are ‘machine NFTs’ and how could they help democratize the ownership of capital in a future ‘machine economy’? Max Thake of peaq explains.

The city’s disaffected post-protest youth and recent statistics suggest a brain drain in the city’s future.

In China, digital yuan testing, which increasingly looks like a soft rollout, is continuing full steam ahead, with more banks allowing their customers to top up their e-CNY wallets. Fast facts An additional 13 banks have started to allow their customers to recharge their wallets directly in the e-CNY app, bringing the total number of […]

Crypto exchanges WazirX and Binance look to implement stronger compliance measures. Forkast News speaks with FTX founder and CEO Sam Bankman-Fried about crypto regulatory measures in Asia. Chinese district rewards residents with e-Yuan for counting footsteps. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of […]

In the last installment of a 3-part series on blockchain in Asia, Forkast.News examines: Everyone knows money has value. But does it also have ‘values’?

CEO of CasperLabs, part of the Blockchain Service Network’s China and international versions, gives an insider’s view of blockchain’s future on the mainland.

While China is pushing more artificial intelligence surveillance technologies into law enforcement and everyday life, the US is having a rethink.

Also: Blockchain voting after the Voatz debacle, IOTA limps back after cyber attack, smart cities in China, and Forkast.News insights to help you make sense of the top headlines.

China’s enormous market of 1.4 billion people means there is a large pool of human resources that can drive blockchain development and adoption, especially in the wake of endorsement from President Xi Jinping. Blockshine founder and CEO Layla Dong explains how China’s burgeoning market can boost blockchain development.

Key Highlights “For the blockchain technology itself, there’s universal acceptance. I haven’t come across one government either in person or having read about any that are at all negative about the underlying technology. They are ambivalent about a key application, which is financial cryptocurrencies, because of certain things that have happened over the last two […]

Key Highlights “For the blockchain technology itself, there’s universal acceptance. I haven’t come across one government either in person or having read about any that are at all negative about the underlying technology. They are ambivalent about a key application, which is financial cryptocurrencies, because of certain things that have happened over the last two […]

From reducing paperwork to verifying title quickly, blockchain technology promises to overhaul the age-old industry. But it faces regulatory hurdles and resistance by those who profit from inefficiency.

Top blockchain and crypto news: Spotlight on Bankman-Fried, Pudgy Penguins’ new revenue stream and Google’s Web3 goggles

The Philippine Securities and Exchange Commission delayed the publishing of a crypto framework earlier this year citing the FTX collapse in late 2022 as the reason.

Top blockchain and crypto news: U.S. SEC steps up regulatory enforcement. Gaming giant Zynga moves into NFTs. Woes ahead for JPEX exchange after HK arrests.

Billed as Asia’s largest crypto event, Token 2049 took place over Sept. 13-14 in the Southeast Asian city-state of Singapore. Drawing over 10,000 attendees from all parts of the world, there was excitement about blockchain adoption in the region. But repeat references to one man were a reminder of the U.S. regulatory concerns weighing heavily on the crypto industry.

In the second installment of Forkast’s ‘Crypto in Sport’ series we head to the land of the rising sun, where J1 League football club Avispa Fukuoka have incorporated a first-of-its-kind DAO into their operations. Can the DAO provide a model for the rest of the sports world to follow? Can it change the way fans engage with their clubs?

Toncoin led gainers in the top 10 cryptos after it saw stronger investor interest since the launch of its new programming language, Tact.

Top blockchain and crypto news: U.S. court compels SEC to review Grayscale’s ETF application. SEC zooms in on NFTs. Asia’s richest man eyes blockchain, CBDCs

Here’s a look at a future where Web3 technology will allow us to have ownership stakes in all things and avoid a subscription-based consumerist hellscape.

PayPal launches stablecoin. Traditional gamers take on NFTs. Tough times ahead for Huobi.

Combining blockchain with AI, two of the greatest innovations of this era, will unlock myriad benefits for consumers and businesses alike, writes Eugen Kuzin.

Japan’s blockchain group urges tax change. Bitcoin NFT struggles but it may be a sleeping giant. Litecoin falls after halving.

Bitcoin was the day’s biggest gainer, rising 2.11% in the past 24 hours. Ether rose 1.11%.

Bitcoin fell in Tuesday afternoon trading in Asia, dipping below the support level of US$29,000.

Bitcoin and Ether fell in early Tuesday afternoon trading in Asia, with Bitcoin slipping below support at US$29,000. Ether fell more than 2%.

Bitcoin and Ether prices dropped on Monday morning in Asia, but remained above key support levels. Altcoins fell on Curve Finance hack.

Concerns arise over Worldcoin’s free crypto. NFT market does a crabwalk. Japan’s next big thing for the metaverse.

Stablecoins play a pivotal role as a safe-haven medium of exchange in times of high inflation, writes James Glasscock. But they’re not without risks.

Bitcoin rose on Wednesday morning in Asia to trade above US$30,500. Ether traded flat while most other top 10 non-stablecoin tokens gained. SOL led winners.

Hong Kong, Japan, Singapore and Thailand have regulations supporting the growth of tokenization, showing the world the benefits of fractionalizing assets.

Top blockchain and crypto news: Fidelity Investment is reportedly close to filing its own Bitcoin ETF. NFT traders seek liquidity. Singapore eyes asset tokenization.

Shanghai on Wednesday released a three-year plan to build its culture and tourism metaverse.

Top blockchain and crypto news: Wall Street backs new crypto exchange. NFT traders remain cautious. Alibaba’s incoming chairman is a crypto fan.

Amid growing regulatory scrutiny in the U.S., crypto firms eye Hong kong for its strategic location and friendly regulations, yet Singapore and Dubai remain strong competitors, says FinTech Association of Hong Kong’s Neil Tan.

In this week’s Forkast IQ with Megha Chaddah, we dive into the U.S. SEC’s crypto crackdown and the state of the East Asian metaverses.

Ordinals’ BRC-721E token standard is set to introduce NFT transfers from Ethereum to Bitcoin through a burn and claim process.

Leaders in Hong Kong’s Web3 industry announced the formation of two new associations, Hong Kong Licensed Virtual Assets Association (HKLVAA) and Web3 Harbour, on Monday.

Unpacking the NFT disparity at Veecon & BTC Miami 2023: established ETH vs emerging BTC. CryptoSlam seeks to bridge the gap.

The launch of Hong Kong’s very own CBDC comes with new regulations for crypto trading platforms operating in the city.

Fractionalizing assets on the blockchain opens up investment opportunities for the public and the capital market’s access to liquidity, writes Bob Ras. Here’s what’s holding it back.

Crypto’s share of venture capital money is now going to artificial intelligence, says Mysten Labs founder, Evan Cheng.

The upcoming upgrade to the Ethereum blockchain will allow users to withdraw millions of “staked” Ether, the native cryptocurrency, for potential sale. That would typically indicate a flood of selling pressure awaits the token, but not everyone is buying that.

Bitcoin and Ether rose in Monday afternoon trade in Asia, along with most other top 10 non-stablecoin cryptocurrencies by market capitalization.

Paul Chan said it is the right time for the city’s Web3 push ahead of Hong Kong’s busy week of blockchain and finance gatherings.

Bitcoin fell Tuesday morning in Asia along with most other top 10 non-stablecoin cryptocurrencies after the U.S. filed a lawsuit against Binance.

Hong Kong’s new crypto licensing regime isn’t the only bullish sign for the city’s digital asset industry, says Signum Digital, the first company to win a preliminary license to handle securitized tokens in the city.

Angelina Kwan, who helped shape early Hong Kong automated trading services and internet trading regulation, told Forkast the upcoming virtual asset licensing regime is almost identical to that for traditional financial institutions.

The digital era has made piracy rampant and copyright enforcement difficult, but blockchain technology is shifting power back to creators, writes Wes Levitt of Theta Labs.

Bitcoin and Ether tumbled during Asia trading hours on Friday afternoon, with Dogecoin leading losses among the top 10 largest non-stablecoin cryptocurrencies by market capitalization, pressured by crypto bank Silvergate’s liquidation

Look for blockchain, self-reliance in technology discussions in China’s biggest political meetings of the year as China’s President Xi Jinping’s aims to build a digital economy.

China is promoting digital yuan to Hong Kong visitors, but has not received much enthusiasm so far.