November blockchain weekly report: The promotion of digital renminbi has been fully accelerated, with 140 million personal wallets

This report is jointly produced by Preorder Observation and Cointelegraph Chinese.

Preface Comments:

Policy:

This week, National Development and Reform Commission spokesperson Meng Wei said that on November 10, the National Development and Reform Commission organized a special video conference on virtual currency "mining" governance to report on the monitoring and rectification of virtual currency "mining" and deployed In the next stage of work, all provinces, autonomous regions, and municipalities are required to earnestly assume their territorial responsibilities, establish systems, focus on monitoring, clean up and rectify virtual currency "mining" activities in their regions, and strictly investigate and punish "mining" activities involving computer rooms of state-owned units. In the next step, we will carry out comprehensive rectification focusing on industrial centralized "mining", state-owned units involving "mining" and Bitcoin "mining". For units that implement residential electricity prices, if they are found to be involved in virtual currency "mining" activities, they will study the imposition of punitive electricity prices, forming a high-pressure situation that continues to rectify virtual currency "mining" activities.

Industry dynamics:

This week, Netease founder and CEO Ding Lei responded to the metaverse issue that is of great concern to the outside world. He said that the metaverse is indeed a very popular concept, but currently no one has access to the metaverse. One thing I can tell you with certainty is that NetEase is well prepared in terms of technology and planning. When the metaverse comes, we may be able to run faster than anyone else as soon as the gun is fired. In addition, AntChain officially stated this week that the "transfer" function of digital collections will be gradually opened to everyone from November 20, but AntChain does not support any form of resale of digital collections. He also said that sharing because of love is a better experience for digital collections. Support users to share with good friends, and currently provides a free transfer function to meet the needs of users for sharing and gifting good things. That is, give your favorite digital collection as a gift to others. We do not support any form of resale of digital collections. Our original intention of launching digital collections is to satisfy users' collection, research and sharing among acquaintances of their favorite works. Resale is a kind of transaction behavior, which is easy to cause bad hype and goes against the positioning of digital collections.

Application:

This week, the first open source cross-chain protocol in China - Lu Yu cross-chain protocol was released on November 18. It is reported that the Lu Yu cross-chain protocol is an interoperable protocol for trusted sources, which can realize the access and reliable operation of different information sources, and help data interact between blockchains. It is the "universal language" of blockchains. With this set of "universal language", trust diffusion, information transfer, and asset transfer across different blockchain platforms may be realized. Li Lihui, former president of the Bank of China and head of the blockchain research group of China Internet Finance Association, said that the biggest advantage of blockchain compared with other digital technologies is that it can form a digital and credible three-dimensional interactive architecture. Li Lihui said that the Lu Yu cross-chain protocol has three technical advantages. One is the unity based on standardization. The protocol establishes a standard language for cross-chain communication and a general mechanism for accessing trusted sources, which can shield the differences in details between different trusted sources, realize the unified call of different trusted sources, and ensure the integrity of trust diffusion, information transfer, and value transfer. efficiency. The second is inclusiveness based on interoperability. The protocol establishes an inclusive interface logic and a unified interconnection architecture, which can adapt to different types of trusted sources and realize the intercommunication of trusted sources under different network architectures. The third is the security based on the authentication mechanism.

Blockchain Policy Highlights

Beijing Radio and Television: Make full use of blockchain and other technologies to promote the development of media integration and the construction of smart radio and television

On November 15th, the Beijing Radio and Television Bureau recently formulated the "Beijing's "14th Five-Year" Period Radio and Television and Network Audio-Visual Development Plan", pointing out that the full use of blockchain and other new generation information technologies will promote the deep integration of media development and wisdom. The construction of broadcasting and television comprehensively promotes content innovation, technological innovation, industrial innovation, industry innovation and institutional mechanism innovation, and provides innovative impetus for the development of Beijing's radio and television and network audio-visual industries. Make full use of technologies such as artificial intelligence, big data, and blockchain, and establish and improve monitoring and supervision for different media transmission methods such as wired networks, terrestrial wireless, satellite, Internet, and mobile communication networks.

Banan District of Chongqing will carry out the "Blockchain + Agriculture" pilot application project

On November 16th, according to Zhou Qing, director of the Banan District Committee's Internet Information Office, the Banan District Committee's Internet Information Office will cooperate with the Banan District Agriculture Committee to carry out the "Blockchain + Agriculture" pilot application project in Banan District to further accelerate The development and construction of digital villages will enrich the blockchain ecosystem of digital villages, and continuously improve the quality and safety of agricultural products and the per capita income of rural residents.

Meng Wei, spokesperson of the National Development and Reform Commission: In the next step, we will focus on industrial centralized "mining", state-owned units involving "mining" and Bitcoin "mining" as the focus to carry out comprehensive rectification

News on November 16th, Meng Wei, spokesperson of the National Development and Reform Commission: In the next step, we will focus on industrial centralized "mining", state-owned units involving "mining" and Bitcoin "mining" as the focus to carry out comprehensive rectification . For units that implement residential electricity prices, if they are found to be involved in virtual currency "mining" activities, they will study the imposition of punitive electricity prices, forming a high-pressure situation that continues to rectify virtual currency "mining" activities. Meng Wei pointed out that since virtual currency-related business activities are illegal financial activities, virtual currency "mining" behaviors are extremely harmful. Virtual currency "mining" consumes a lot of energy and carbon emissions, which does not have a positive driving effect on industrial development and scientific and technological progress. In addition, the risks derived from the production and trading of virtual currency are becoming more and more prominent. Its blind and disorderly development has great impact on promoting economic and social development Quality development and energy saving and emission reduction have brought serious adverse effects. Meng Wei said that rectifying virtual currency "mining" activities is of great significance to promote the optimization of my country's industrial structure, promote energy conservation and emission reduction, and achieve carbon peak and carbon neutral goals as scheduled.

The Sichuan provincial government held a province-wide conference on rectifying virtual currency "mining" and trading activities

On November 17th, the Sichuan Provincial Government held a video conference on rectifying virtual currency "mining" and trading activities in the province, notifying Sichuan Province of virtual currency "mining" rectification and cracking down on virtual currency transactions, and carried out the next stage of work. deploy. The meeting emphasized that relevant departments and cities (states) must resolutely implement the decision-making arrangements of the Party Central Committee and the State Council and the work requirements of the provincial party committee and the provincial government, deeply understand the severe situation of the current rectification of virtual currency "mining" and trading activities, and continuously consolidate and rectify As a result, we have effectively formed a joint force for rectification, continued to increase punishment, and resolutely won the tough battle of "rectifying virtual currency 'mining' and trading activities".

Guiyang opens reporting channel to rectify virtual currency "mining"

On November 17th, the official website of the Guiyang Development and Reform Commission issued an announcement. In order to implement relevant national documents and the spirit of the meeting, and effectively regard rectification of virtual currency "mining" activities as an important task to promote high-quality economic and social development, Guiyang City will maintain rectification. The high-pressure situation of virtual currency "mining" has opened a reporting channel for rectification. The scope of reporting acceptance is: virtual currency "mining" enterprises that pretend to be data centers to enjoy preferential policies such as taxation, land, and electricity prices; other "mining" enterprises and Internet cafes that conduct "mining" in various hidden forms; Enterprises and individuals that provide services such as site leasing; enterprises that obtain power supply through illegal means and engage in virtual currency "mining" activities.

Cyberspace Administration of China: Strengthen the publicity and interpretation of "Blockchain Information Service Management Regulations" and other laws and regulations

On November 18th, the Office of the Central Network Security and Informatization Committee issued the "Eighth Five-Year Plan for the Publicity and Education of the Rule of Law in the Internet Information System (2021-2025)", which pointed out that it is necessary to strengthen the "Critical Information Infrastructure Security Protection Regulations" Publicity and interpretation of laws and regulations such as "Internet Information Service Management Measures", "Internet News Information Service Management Regulations" and "Blockchain Information Service Management Regulations".

Domestic Industry Trends

Zhejiang Furun: The company's current business field only involves big data and blockchain

On November 15th, Zhejiang Furun stated on the investor interaction platform that "metaverse" is a huge concept, and the technologies supporting "metaverse" mainly include blockchain, artificial intelligence, edge computing, VR, etc., the company The current business field only involves big data and blockchain.

Desheng Technology: Beijing Minsheng "One Card" Adds Digital Currency Function

On November 15th, Desheng Technology stated on the investor interaction platform that digital currency is one of the future currency forms vigorously promoted by the state. This time, the addition of digital currency function to the Beijing Minsheng "One Card" is another example of the "One Card" function of residents' services. A big upgrade. The social security card has a huge user base, which will help the promotion and popularization of digital currency; the convenient payment function of digital currency is also highly compatible with the NFC payment function of the third-generation social security card, and will provide more application scenarios for the third-generation social security card , the two will promote each other. The company has been committed to improving the application scenarios of social security cards for many years, and has accumulated rich experience in many scenarios such as identification, smart payment, and subsidy distribution. At the same time, it has rich technical reserves in the fields of chips, cos, key security, and hardware terminals. The addition of the digital currency function to the Beijing Minsheng Card is expected to have a certain demonstration effect on the rest of the country and will have a positive impact on the company's operations.

Ding Lei: NetEase is ready for the technology and planning of Metaverse

On November 16th, Ding Lei, founder and CEO of Netease, said that Netease has already made preparations for the technology and planning of the metaverse. When the time is right, Netease may run faster than anyone else. In the financial report, Ding Lei mentioned that this quarter, NetEase's online game business has achieved fruitful results in terms of diversification strategy. Flagship titles performed strongly, and new titles were well-received by enthusiastic gamers for their high-quality game design. In addition, Netease Youdao, Netease Cloud Music and Netease Yanxuan also continue to maintain a diversified and differentiated product layout.

The promotion of digital renminbi has fully accelerated the number of personal wallets to 140 million

On November 17th, the promotion of digital renminbi has been fully accelerated this year, covering cities, application scenarios, and the number of wallets opened, and the digital renminbi is one step closer to full promotion. The speed of opening digital RMB personal wallets has been significantly accelerated. According to the data published in the "White Paper on the R&D Progress of China's Digital RMB", as of June 30 this year, a total of more than 20.87 million personal wallets have been opened. The latest data shows that as of October 22, 140 million digital RMB personal wallets have been opened.

Chaozhou Intermediate People's Court issued a risk warning on the "Shuxiangyigou" platform

On November 18th, the Chaozhou Intermediate People's Court issued a risk warning on the "Shuxiangyigou" platform. "Xiangyigou" stores, under the guise of operating supermarkets, promote the "Bullish" platform to the public under the banner of "blockchain" and "token economy", claiming high profits, and you can get points by browsing advertisements and can use them offline Stores exchange goods, attracting many people who don't know the truth to register as members and invest, and at the same time encourage registered members to continue to attract people and develop offline. The general public is requested to keep their eyes open, resist the temptation of high interest rates, and prevent being deceived. Those who have joined the membership and invested, please stop losses and uninstall the "Bullish" platform APP as soon as possible.

Shenzhen Airlines launches digital RMB payment service

Beginning on November 18, passengers can use digital renminbi to pay for air tickets, rescheduling, upgrades, and prepaid baggage products at Shenzhen Airlines’ national counters and the Shenzhen Airlines App.

China's cross-chain integrated digital artwork IDA was sold for $13,755.53

At 20:00 on November 18th, Beijing time, a 1:1 limited edition fine copy of Fu Baoshi's "Pictures of Jiangshan and Mountains" produced by Rongbaozhai with a history of 350 years, number #800002#00001 Integrated Digital Art , referred to as IDA), officially logged into OpenSea through cross-chain technology. After 2 hours of bidding on the store EASTIP, it was finally sold for $13,755.53. After the "cross-chain" globalization of traditional Chinese artworks. For the first time, traditional Chinese artworks have entered the global market by combining them with the blockchain, allowing the world to see oriental art.

AntChain will gradually open the digital collection transfer function on November 20

On November 18th, AntChain officially announced that the digital collection transfer function will be opened on November 20th. Users need to hold it for 180 days before they can transfer it, and the recipient needs to receive it for 2 years before they can transfer it. Last month, AntChain officially released the first self-developed trusted on-chain chip T1. The chip is equipped with Pingtouge Xuantie 803 high-performance processor core, and will be used in AntChain self-developed software and hardware devices such as blockchain all-in-one machines in the future.

Baixin Bank released the first NFT digital collection on the 4th anniversary

On November 18th, Baixin Bank released the digital collection commemorating the fourth anniversary of "4 in love", and simultaneously launched the two-dimensional image of "AI virtual brand officer", creating a virtual IP with a sense of technology and fashion. The collection is issued based on blockchain technology and is unique and irreversible. The owner is Baixin Bank and it is the first NFT digital collection in the banking industry.

Qingdao Blue Ocean Equity Trading Center was qualified by the China Securities Regulatory Commission for the "Blockchain Construction Pilot Program"

On November 18th, the China Securities Regulatory Commission recently issued the "Letter on the Principles of Agreeing in Principle to 12 Regional Equity Markets in Tianjin to Carry Out Blockchain Construction Pilot Work", among which Qingdao Blue Ocean Equity Trading Center was approved to organize and carry out blockchain construction. pilot work. The approval of this pilot project means that Qingdao’s blockchain digital industry has entered the fast lane of rapid development. In the next step, Blue Ocean Equity will further improve the blockchain construction pilot work plan, focusing on new generation information technology such as blockchain Technological empowerment of related businesses in the regional equity market, promotion of functions, promotion of integration of resources, service to small, medium and micro enterprises, strengthening of compliance and risk control, enhancement of regulatory capabilities, assurance of financial security, and promotion of the digital development of the regional equity market.

Central Bank: Digital RMB Winter Olympics scene pilot has entered the sprint stage

News on November 19, as of now, the construction of the digital RMB Beijing Winter Olympics pilot scene is progressing smoothly and has entered the sprint stage. In the Beijing competition area, the construction of the acceptance environment is accelerating. Among them, the scenes in the park of the Winter Olympics Organizing Committee have all been completed, and the construction of the digital RMB acceptance environment within the security red line of the Winter Olympics is advancing simultaneously with the construction of venues. Full coverage of seven categories of scenarios including services, ticketing and entertainment.

Director of Zhangjiajie Metaverse Research Center: The original intention of the establishment is to empower the tourism industry with digital technology

On November 19th, the Zhangjiajie Metaverse Research Center was established yesterday, and some netizens questioned its research capabilities. In this regard, the relevant person in charge of the Zhangjiajie Metaverse Research Center introduced that the original intention of establishing the Zhangjiajie Metaverse Research Center is to empower the tourism industry with digital technology, cultivate new tourism formats, and lay the foundation for the digital transformation of the tourism industry.

Securities Daily: There is an illegal phenomenon of borrowing "Metaverse" to mine and speculate coins

On November 19th, according to the "Securities Daily" report, in the so-called QQ group related to the Metaverse with more than 1,800 undercover members, there was almost no discussion about Metaverse technology and training, and most of them were discussing How to fry virtual currency, how to mine. There is also a bold QQ group, and even released the project white paper. The reporter saw in the vision column of the white paper: a certain 101 is determined to create a new currency circle model that complements the Metaverse and NFT, focusing on art, and creating a new value concept that combines NFT game boards with financial management. Wang Juan, an expert from the OECD Blockchain Policy Special Committee, told a reporter from the Securities Daily that there are many so-called metaverse concepts on the market that are misleading, and there are even some companies in the currency circle that have changed their appearance. Change the soup but not the medicine'. Package the systems you are familiar with, blockchain, cloud technology, big data, Internet of Things, and artificial intelligence, and nest some investment projects and brand promotions. Therefore, consumers must keep their eyes open to avoid being fooled.

Tianxiaxiu: The Shanghai Stock Exchange issued a regulatory warning to the company and relevant responsible persons

On November 19th, Tianxiaxiu announced that the Shanghai Stock Exchange issued a regulatory warning to Tianxiaxiu and relevant responsible persons. During the current hot period when related products and technologies such as "Yuanyu" are highly concerned by the market, the company disclosed information through non-statutory information disclosure channels. Publish important information related to the company's business operations and future development, and the relevant released information may mislead investors. Li Meng, then chairman of the company, and Yu Yue, then secretary of the board of directors, caused the above-mentioned information to be released to the public improperly, and a regulatory warning was issued. Xiaocai Note: On November 18, Tianxiaxiu released an open letter signed by then chairman Li Meng through the company's We Media public account, saying that "the rainbow universe developed by the company is a 3D virtual social product based on blockchain technology" and so on.

The latest achievements in China's 5G+ industrial Internet field were unveiled at Hanconcentration

From November 19th to 21st, the 2021 China 5G+ Industrial Internet Conference will be held at the China Optics Valley Science and Technology Convention and Exhibition Center. The five major operators including China Mobile, China Unicom, China Telecom, Iron Tower, and Radio and Television, and leading companies such as Dongfeng, Baowu, Huawei, CITIC, YOFC, Inspur, Qi Anxin, and Xiaomi all demonstrated 5G+ through physical objects, videos, VR, and AR. The latest achievements in the development of the Industrial Internet. What deserves the most attention is the interactive experience area set up for the first time this year, which is divided into "fun of driving", "playing with blockchain", "visible factory", "telemedicine is not far away", "hello, robot" Five special areas. Showcasing a series of latest applications such as 5G+ robots, 5G+ medicine, 5G+ block chain, etc., through visualization, sceneization, and immersive experience, let the audience experience the new generation of information technologies such as 5G, artificial intelligence, and industrial Internet that bring to life and production change.

The Xuzhou police cracked the "BBGO" virtual currency pledge mining platform's huge pyramid scheme involving a total amount of 1 billion yuan

News on November 19, according to Jiangsu Public News Channel "News Space Station", in April this year, Xuzhou Suining police received a report from citizens saying that they might have been drawn into a pyramid scheme called "BBGO". Through investigation, the police found that the criminal suspect built a virtual currency pledge mining platform called "BBGO", and found overseas propagandists to forge false mining machine and mining factory information, and then released some short video platforms. So-called large-scale activities to lure investors into joining their pyramid schemes. Qi Yanmiao, deputy head of the Internet Security Brigade of Suining County Public Security Bureau, Xuzhou City, introduced that this "BBGO coin" is actually a kind of air coin, which has no value. Through the background operation platform, members can be recharged. The value is adjusted. The suspect used the virtual currency he built without any market value, and used high returns and high rebates as bait to organize and lead pyramid sales activities step by step. Up to now, the Xuzhou police have arrested 8 suspects in the whole chain. The case involved about 110,000 people across the country, and the funds involved amounted to 1 billion yuan. At present, five of the main suspects have been arrested in accordance with the law, and the case has entered the first instance.

Foreign Industry Trends

Barbados will be the first sovereign nation to open an embassy in the Metaverse

November 15th, the Barbados Ministry of Foreign Affairs and Foreign Trade signed an agreement with Decentraland on Sunday to establish a digital embassy. Additionally, the Barbados government is finalizing agreements with Somnium Space, SuperWorld and other Metaverse platforms. The projects will assist the Barbados government with land identification and purchases, design virtual embassies and consulates, develop facilities to provide services such as "e-visas" and build a "teleporter" that will allow users to teleport their documents between worlds. Avatar.

Vietnamese VC firm NextTech launches $50 million blockchain fund

On November 16th, Vietnamese venture capital firm NextTech announced the launch of the Next100 blockchain fund with a scale of US$50 million, which will be used to invest in early-stage blockchain technology startups in Vietnam and Southeast Asia, as well as direct investment in digital assets. In addition to investing in equity and first-round tokens in startups, Next100 is committed to supporting the community of individuals and blockchain experts in the NextTech ecosystem.

NFT officially authorized by Einstein and Chaplin will be launched soon

On November 16th, the first batch of official estate management licenses of Albert Einstein, Charlie Chaplin and the Wright Brothers NFT will be launched on OpenSea on November 18th, and the original works are from digital artist Jonathan Wall Jonathan Wolfe, Odious and Parrott.

Morgan Stanley: Metaverse is expected to become a huge $8 trillion market

On November 17th, according to Morgan Stanley's analysis report, Metaverse is expected to become a huge market of 8 trillion US dollars, and it is likely to become the next generation of social media, streaming media and gaming platforms. Analyst Brian Nowak said: “Like current digital platforms, we expect Metaverse’s primary role to be an advertising platform as well as an e-commerce platform to drive consumption of offline products. The report also recommends stocks that are expected to benefit. The first is Meta (Facebook). The company’s core business has sustainable growth prospects and has strong free cash flow, which can continue to invest in the construction of the Metaverse. The second is Roblox, which has a powerful commercialization algorithm that can leverage metaverse advertising and e-commerce opportunities. In addition, the report also recommends Google, social media platform Snap and game engine company Unity Software.

German central bank official: China's digital currency development is in a leading position

On November 18th, Bartz, a member of the board of directors of the German Bundesbank (Germany's central bank), said in Frankfurt on the 18th that central banks around the world are currently discussing the issue of introducing digital currencies, and the People's Bank of China has taken the lead in this regard. Bartz delivered a video speech at the 24th Frankfurt Euro Finance Week "China Day" event on the same day, saying that China has always been at the forefront of innovation, just as in history China used banknotes for centuries before banknotes began to circulate in Europe. In July this year, the European Central Bank announced the launch of the digital euro project and launched a two-year related investigation and research, in which the Bundesbank participated as a member of the euro system. At the same time, digital yuan pilots are accelerating in China. Balz said that the central banks of Germany and China have conducted in-depth and convenient exchanges on the advantages and disadvantages of digital currencies. He said that competition is one of the key drivers of economic development, but competition is only one way to promote innovation, and another important way is communication.

Deputy Governor of the Bank of Korea: South Korea's CBDC development does not lag behind any other country

On November 19th, Bae Joon-suk, deputy governor of the Bank of Korea, stated that the development of the Bank of Korea's digital currency (CBDC) does not lag behind any other country. However, South Korea still has no plans to adopt a state-backed digital currency. Bae told the Bank of Korea’s online conference on payment and settlement systems yesterday that the country’s CBDC research and pilot projects are well underway. In his speech, he compared South Korea’s progress in CBDC development with other countries. He said: Some countries such as the Bahamas have introduced CBDC or are conducting pilot trials, but what needs to be considered is that the development of payment and settlement systems in these countries is slow and financial inclusion is insufficient. He emphasized that the country is not behind in CBDC research. Bae also said that while the timing of digital currency adoption has not yet been determined, the Bank of Korea will have the technology to issue digital currency once it makes a decision.

Nike partners with Roblox to launch virtual world Nikeland

November 19th, Nike announced on Thursday that it will cooperate with metaverse platform Roblox to launch the virtual world Nikeland, which is modeled after Nike headquarters in Beaverton, Oregon. Players will be able to dress their avatars in digital versions of Nike products, such as Air Max sneakers. The Nikeland site is currently promoting exclusive items like hats and backpacks. Nike recently filed seven applications with the U.S. Patent and Trademark Office to protect its trademark in the area of "downloadable virtual goods," hinting at the company's intentions to offer such products as consumers become more interested in digital products.

Morgan Stanley: Metaverse will create a $50 billion business opportunity for the digital luxury industry

News on November 19, according to a recent report released by Morgan Stanley, the Metaverse trend may create 50 billion US dollars in business opportunities for luxury brands by 2030. Morgan Stanley pointed out that although the metaverse may still take a long time to come out, the subsequent rise of NFT and various social games may create huge business opportunities for the boutique industry. According to Morgan Stanley's analysis, about one-fifth of the players on the game platform Roblox, which is currently regarded as the pioneer of the Metaverse, change their game avatars every day. Social games are expected to create US$20 billion in business opportunities for the digital luxury industry by 2030, and in the US$300 billion NFT market, various digital luxury goods and collectibles may gain a share of more than US$25 billion. Morgan Stanley said that the brand's many attempts in the field of NFT and social games will help them develop new customer groups and understand this new market. The brand is in the concept verification stage of NFT and Metaverse games. Evidence shows that the current test All successful, the next stage is how to realize it.

Forbes predicts 5 major blockchain trends in 2022

On November 19th, Forbes published an article speculating on the five major blockchain trends in 2022, including: 1. Green blockchain initiatives, such as carbon offsets and shifting to POS proof models. 2. NFT expands beyond online art. 3. More countries will adopt Bitcoin or national cryptocurrency (CBDC). 4. Blockchain and IoT integration. 5. Blockchain for vaccine manufacturing and tracking.

Applications

Jiangmen "Blockchain + Electronic Labor Contract" platform launched

On November 18th, a few days ago, the launch ceremony of Jiangmen's "Blockchain + Electronic Labor Contract" information platform was held in the Zhuxi Advanced Industry Excellent Talent Entrepreneurship Innovation Park. It is reported that employers and workers can sign electronic labor contracts through this platform, and can download and self-print through electronic terminals. According to reports, the employer creates an electronic labor contract and affixes an electronic seal through the "blockchain + electronic labor contract" information platform in Jiangmen City, and the laborer performs face recognition and electronic signature through the WeChat applet "Wuyi Renshe". After the unit's electronic signature is confirmed, the electronic labor contract will be signed. The effective electronic labor contract can be downloaded and self-printed through computers, mobile phones, self-service terminals, etc., which better solves the problems of low efficiency, high management cost, and tampering and loss in the management process of paper-based labor contracts.

The first open-source cross-chain protocol in China goes online Six banks lay out the blockchain ecosystem

On November 18th, the first open source cross-chain protocol in China - Lu Yu cross-chain protocol was released. Commercial banks are the main force in initiating the Lu Yu cross-chain protocol, with 6 banks participating. At the same time, it also includes the China Banknote Blockchain Technology Research Institute and the China UnionPay Innovation Center. Whether it is ICBC, Bank of China or WeBank, these banks have made long-term deployments in the blockchain field. According to industry insiders, the agreement will change the previous domestic blockchain data "island" phenomenon, and allow institutional alliance chains to realize value and data interaction, thereby building a future distributed business model.

Hangzhou Mobile's "Live E-commerce Digital Governance Platform" based on blockchain technology is officially launched

News on November 18th, in view of the pain points of traditional supervision methods such as the difficulty in finding, obtaining evidence, and characterization of illegal activities such as non-compliant live broadcast content and live broadcast sales of fakes, Hangzhou Mobile has joined forces with the Market Supervision Bureau, Public Security Bureau, Ministry of Internet Information, Development and Reform Commission, etc. The departments jointly established a live broadcast supervision platform, empowered regulatory innovation with scientific and technological means, and helped the standardized development of the live broadcast industry. "How to solve the worries of live broadcast supervision, China Mobile's big data technology, blockchain technology and artificial intelligence technology provide the secret solution to solve the worries." The relevant person in charge of Hangzhou Mobile said that the live broadcast e-commerce digital governance platform relies on China Mobile's big data technology, district Block chain technology and artificial intelligence technology, docking with the Ministry of Internet and Information Technology's live e-commerce video data, monitoring the live broadcast speeches and behaviors of Internet celebrity anchors, providing industry authorities with query statistics on live broadcast related data, and providing e-commerce management for economic management departments Decision-making analysis, providing law enforcement agencies with case clue retrieval, transfer and disposal, and also providing e-commerce enterprise parks with operating data and business guidance for live broadcast companies, helping the government to establish a credit system for online celebrities, and realizing digital governance and science of live e-commerce Supervision.

Deloitte partners with Ava Labs to build blockchain platform to streamline natural disaster reimbursement process

On November 16, Deloitte, one of the Big Four accounting firms, announced a partnership with Ava Labs to create a blockchain-based disaster recovery platform. The new platform, Close as You Go (CAYG), aims to simplify disaster reimbursement applications to FEMA, with the goal of saving the agencies money that is often spent on non-compliance with federal acquisition requirements, duplication of benefits and lack of documentation. Millions of dollars lost. It is reported that CAYG was launched on November 16 and is being piloted in the southeastern United States where natural disasters are frequent.