Blockchain
Xinhua Silk Road: Digital Vitality and Beautiful City Forum Held in NW. China’s Xi’an on Sunday
A forum themed on “Digital Vitality and Beautiful City” was held in Xi’an, the capital city of northwest China’s Shaanxi Province on Sunday.
The forum, held during the 2020 4th Global Programmers’ Festival, invited experts and enterprise representatives to conduct in-depth discussions on topics such as smart city technology trends, international cooperation, and digital empowerment of traditional industry transformation and upgrading.
According to Shan Zhiguang, director of the Informationization and Industrial Development Department of the State Information Center, urban development driven by multiple elements of digital technology will continue to advance toward the goal of being more humane, intelligent and convenient.
Blockchain has gradually entered all walks of life and will support the development of smart cities, said Wei Kai, deputy director of Could Computing & Big Data Research Institute with the China Academy of Information and Communications Technology (CAICT).
As for the international cooperation on smart cities, Mushahid Hussain Sayed, Senator of the Parliament of Pakistan and member of the Research and Development International (RDI) Expert Committee, said that the cooperation between China and Pakistan in smart cities focuses on creating the clean and green environment, using facial recognition software to ensure the safety of the city, as well as special applications related to health, population and tracking of epidemics.
Councilor Anwar Adams, President of the Democratic Independent Party of South Africa, believed that the cooperation between China and South Africa in the core technology research and development and standard application promotion of smart digital cities will be further strengthened in the future.
The digital empowerment for industry transformation had also been a hot topic.
In recent years, Shaanxi Blower (Group) Co., Ltd., one of the blower manufacturers in China, has made efforts in intelligent digital transformation through institutional reforms, intelligent manufacturing and capital finance, promoting the company to become a world-class smart green energy enterprise, according to Jia Yani, deputy general manager and chief engineer of the company.
Facing the new market structure, the liquor industry should explore new marketing channels and gradually establish an organic interaction between distributors and the market to promote the development of e-commerce system driven by service and create a wine industry communication platform, said Gao Hongtao, deputy general manager of Shaanxi Xifeng Liquor Co., Ltd.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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