Chinese President Jinping Xi said China should proactively participate in creating the international regulatory framework on digital currency. The statement came days after China’s central bank released the proposed banking law to legalize its national virtual currency and ban any other yuan-pegged tokens in the country. [Source: CoinDesk]
The transaction volumes of China’s digital currency pilot program doubled the past month, according to Yi Gang, governor of the People’s Bank of China. He added that the trial has been smooth so far with over 4 million transactions worth over 2 billion yuan ($298.4 million). [Source: Nikkei Asia / Bloomberg]
“China is in the driver’s seat” of blockchain development as blockchain adopters look for solutions to connect different chains, Fudan University professor Michael Sung said. [Source: Technode]
Shanghai Jiaotong University School of Medicine affiliated Renji Hospital has launched the first blockchain-enabled intelligent tumour treatment centre. [Source: LaingBuisson News / BioSpectrumAsia]
Xia Lianyue, director of the leisure meal committee of the China Cuisine Association, said technologies such as AI, blockchain, cloud computing and big data will be introduced into the food industry to lift efficiency. [Source: Shine.cn]
