June 15, 2022

Nodeify News Ep. 28 - China preparing to launch international blockchain support network

Nodeify News Ep. 28 - China preparing to launch international blockchain support network

Featured Article: China's state backed blockchain network, BSN, is working on their first international project.

"Blockchain-based Service Network (BSN) bills itself as a “one-stop shop” to deploy blockchain applications in the cloud, a process that could otherwise be costly and time consuming. It aims to link different blockchains together to help businesses deploy the technology."(CNBC)

While China has cracked down on digital currencies, they believe that proponents of the blockchain can be used to speed up and reduce costs of business related transactions.

Links to all of the articles are down below:

📰 Article 1 - Crypto markets may pose risks to wider financial stability, ECB warns

https://www.reuters.com/markets/europe/one-ten-euro-zone-households-owns-crypto-assets-ecb-survey-2022-05-24/

📰 Article 2 - China’s state-backed blockchain company is set to launch its first major international project

https://www.cnbc.com/2022/05/22/chinas-state-backed-blockchain-firm-to-launch-major-overseas-project.html

📰 Article 3 - eBay launches its first collection of NFTs in partnership with web3 platform OneOf

https://techcrunch.com/2022/05/23/ebay-launches-collection-nfts/

📰 Article 4 - Microsoft is selling the metaverse now ⁠— and it’s helping make everything from robots to ketchup

https://www.cnbc.com/2022/05/24/microsoft-partners-with-kawasaki-for-industrial-metaverse.html

📰 Article 5 - Crypto Exchanges Set Their Sights On The Sleepy Futures Industry

https://www.forbes.com/sites/javierpaz/2022/05/24/crypto-exchanges-set-their-sights-on-the-sleepy-futures-industry/?sh=58de705998e8

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