Latest developments of blockchain: China’s first public payment platform based on blockchain technology was officially released

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China’s first public payment platform based on blockchain technology was officially released

Source Sniff ChainNews

The announcement and signing ceremony of Tongyin Platform, China’s first public payment platform based on blockchain technology, was held in Baoding, Hebei Province, marking the official landing of the Tongyin platform in the three places of Washington, Tianjin and Hebei. The Washington-Tianjin-Hebei region has realized a new breakthrough in the application of blockchain technology in the financial field. By utilizing the immutable, consensus mechanism and smart contract mechanism of blockchain technology, the Tongyin platform effectively solves the trust problem of all parties involved in the transaction, provides enterprises with convenient mobile payment, installment payment and secure payment, and provides a new scheme for enterprise funds transfer. The platform has functions such as instant payment, split payment and multi-service payment. It is a brand new business-to-company payment tool.

The country’s first block chain timber electronic trading platform was put into operation in Ganzhou

Source Gannan Daily

According to Gannan Daily news, recently, Ganzhou international wood electronic trading platform in Ganzhou International dry port officially launched operation. The platform is the first wood electronic trading platform that fully uses blockchain technology in China. It has the characteristics of high efficiency, security and credibility, and plays a positive role in promoting the high-quality development of modern furniture industry chain in Ganzhou City.

Babbitt DeFi knew that

Source Babbitt

Highlights from yesterday

1. Harvest Finance Compensation voted to support the creation of tradable IOU tokens for compensation

2. Linear Finance was invested by 3Commas and planned to carry out integration and related cooperation

3. Keep3r Network integrates OpenZeppelin’s developer suite Defender

4, Layer 2DeFi lending protocol EasyFiNetwork integrated Chainlink feed price

5. SushiChefSushiswap has released the latest U and will conduct a full audit next month

6. Arca CIO remains bullish on Uniswap’s UNI token despite setbacks in DeFi space

7. Aragon releases a preview of its new DAO framework “Aragon Governance”

8. Uniswap founder Transparency is not a challenge for DeFi. The difficulties in DeFi include product market fit, community building, fork risk, business model, UI/UX, expanding DeFi throughput and network expenses. But the regulatory status and compliance requirements remain unclear

2. Nansen released an analysis report on sushi mining. The biggest flow of SUSHI from mining is to SushiBar (29.7%), followed by the flow to the SUSHl-WETH Pool, Cream and Uniswap.

3. The Company launches a discussion on the Defiprime Smart Contract Insurance and Security Audit. Even if the company launches multiple audits, it cannot guarantee that the customer can obtain any benefits at the end.

A Tezos-backed app in the Swiss town of Vizcon is giving out aid to residents to combat the impact of the COVID-19 pandemic

The Swiss town of Wetzikon on Friday launched a blockchain initiative to support local small and medium-sized enterprises affected by the COVID-19 pandemic, according to the Link. The program’s initial aid, worth 250,000 Swiss francs ($280,000), will be distributed in the form of an electronic coupon worth 10 Swiss francs to around 25,000 residents of the town of Vizcone, who will receive the money using eco0, an app designed to distribute funds in tokens and credits to organizations such as local governments and event organizers. Created based on TeZos blockchain.

ETC was hit by a 51% attack on the Ropsten test network

In the news, Ethereum developer Evan Van Ness tweeted that the Ethereum Ropsten test site was hit by a 51% attack this week. This 51% attack on ETC was foreshadowed by strange mining activity on Ropsten, possibly as a test run for the ETC attack.

The founder of BitMEX is accused of withdrawing $440m from the exchange after learning of an impending investigation

A new allegation, contained in a court filing published on October 30, alleges that BitMEX’s founders withdrew $440m from the exchange after learning of investigations and pending charges by US regulators and law enforcement. In the new complaint, the plaintiffs claim to be acutely aware of investigations by the Commodity Futures Trading Commission (CFTC) and the Department of Justice (DOJ) and to be on the verge of filing civil and criminal charges in preparation for litigation. Defendants Arthur Hayes, Delo, and Reed withdrew $440,308,400 from Defendant’s company. The acts occurred on October 15, 2019, November 19, 2019, and January 2020.

Total market value of global digital currencies

Source of non-small data

According to non-small data, the global total market value of S471.123 billion, 24H up 1.19%, 7 days up 2.72%, among which the market value of BTC S255.683 billion, accounting for 54.27% of the global total market value, the price of S13,800 ( 1.81%)

Latest developments of blockchain: China’s first public payment platform based on blockchain technology was officially released
 

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