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Chinese Bank Uses Digital Yuan Giveaway to Promote Waste Recycling Drive


A Chinese commercial bank has launched new digital yuan-powered recycling rewards programs, with citizens receiving CBDC tokens in exchange for recycling their waste. Per Danzong, via Xinhua, the Qingdao Branch of the Bank of Communications has launched a CBDC-powered rewards solution. The bank...

Prada Group Uses Blockchain Technology to Verify Authenticity of Products


Prada Group, the parent company of Miu Miu, has embraced high-tech solutions like blockchain technology to combat counterfeit products. The company, in cooperation with the Aura Blockchain Consortium, has launched blockchain services that allow customers to verify the authenticity of their...

Sam Altman-Backed Worldcoin Reaches 2 Million Signups


Worldcoin, a startup that aims to build the “world’s largest identity and financial network as a public utility,” has reached two million sign-ups. The company, which uses its biometric World ID system to differentiate human beings, stated it has more than doubled the number...

7 game-changing uses of ChatGPT


Discover the transformative potential of ChatGPT in daily life and explore its various applications that are unlocking new possibilities

Central Banks Controlling Money Is Not Democracy, Balaji Srinivasan Says


If central banks control all uses of money, this is not democracy, Coinbase’s ex-tech chief Balaji Srinivasan is convinced. The entrepreneur commented on statements by the head of the Bank of International Settlements during an IMF meeting devoted to cross-border payments. Balaji Srinivasan Speaks...

Polkadot uses IBC by Composable Finance


Cosmos recently announced Polkadot meeting the Interchain. The network has used IBC by Composable Finance to complete the process. According to the official tweet by Cosmos, Polkadot is using the Centauri bridge, the highest standard of blockchain interoperability. Developed by Composable FInance...

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