Babbitt weekly selection 丨 Hainan hopes to become a national digital asset trading demonstration zone; Blockchain Service Network (BSN) settles in Hangzhou

Guide: Blockchain has set off a new industry boom in China. Babbitt's weekly election will review the major events that can change the industry trend in the past week from the perspectives of policy supervision, editorial, project ecological landing, technology progress, platform construction, and investment. Investors and users can provide a basis for grasping blockchain development trends and opportunities.

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In the past week, the blockchain industry has made positive progress in areas such as supervision, project implementation, platform construction, investment and financing. In the emerging DeFi market, the scale of ETH hedging reached a record high. Specific detailed reports can be viewed through the following link.

I. Policy supervision

Wang Lu, Vice Governor of Hainan: It is unclear how to do digital asset trading, but Hainan hopes to become a national demonstration zone

On December 1, Wang Lu, deputy governor of Hainan, said at the meeting that Hainan's blockchain needs to be strengthened by basic research, and the second is to accelerate the research on blockchain standards, while creating an ecosystem for the blockchain industry. Develop the integration of the blockchain and the real economy, and innovate a new model for the development of the digital economy. He also pointed out, "What we will do next in terms of blockchain and digital asset trading is not clear, but we have a wish that Hainan will become the center of the offshore innovation and entrepreneurship demonstration zone and Hainan will become a national blockchain research. And application demonstration center, we also hope that we will become a national digital asset trading demonstration zone. "

The three major domestic virtual currency exchanges focus on compliance business, and analysis suggests that supervision will clear the development obstacles of the blockchain industry

In November, regulators across the country launched a new round of crackdowns on the virtual currency trading business, with news of the closure and running of various exchanges. Some head exchanges are beginning to look for transformation, focus their future development on compliance businesses, and actively engage with regulators. Analysts said that in fact, regulatory intervention is very important in the long run. There will be fewer and fewer projects and exchanges for cutting leeks. Really valuable projects will have more opportunities to play, sweeping the blockchain industry. The obstacles to development have promoted the implementation of excellent projects and the rapid development of the industry.

German media: Germany is entering a "cryptocurrency paradise", new bill allows banks to sell cryptocurrencies such as Bitcoin

On November 29, local German media reported that from 2020, it may be legal for German banks to sell cryptocurrencies such as Bitcoin and provide escrow solutions. The German Bundestag passed a new bill, and if German states approve the proposal, German citizens will be able to hold Bitcoin, Ethereum, and other digital currencies directly in banks. In addition, banks will provide online banking solutions for all assets including stocks, bonds and cryptocurrencies.

Indian government is working on a national blockchain strategy but has nothing to do with cryptocurrencies

On November 27, Sanjay Dhotre, Minister of Electronics and Information Technology (MeitY) of India, said that considering the potential of blockchain technology and different applications, India is preparing a "national blockchain strategy." The Minister went on to say that blockchain is one of the important research areas, and that it has potential applications in areas such as governance, banking, finance, and network security.

Second, editorial talks with big coffee

People's Daily: How do countries welcome the advent of the blockchain era?

Guangming Daily: "Blockchain" is not so profound, it is actually around us

People's Political Consultative Conference: How to Promote the Development of Digital China with Blockchain Technology

Liberation Army Daily: Decoding the Military Application of Blockchain Technology

Academician Chen Chun, People's Daily: China should vigorously develop domestically controlled blockchain technology platforms

Beijing News: Virtual currency speculation shows signs of rise

Illustrated Blockchain of Shanghai Headquarters of the Central Bank: Blockchain ≠ virtual currency, develop blockchain technology away from virtual currency hype

People's Court newspaper: Laws and technologies are necessary to crack down on "blockchain" MLM

Li Lihui, Former President of Bank of China: To study the issuance of China-led global digital currency

Former Director of the Central Bank on Digital Currency, Blockchain Application and Fintech Development

Li Dongrong of China Mutual Fund Association: Digital currency development must not violate the essential laws of currency activities

Twitter CEO Jack Dorsey: Bitcoin's future will be in Africa

Third, the blockchain reality application project landing

Blockchain landing application inventory: five major areas of application tell you "what can the blockchain do"

More and more blockchain applications have landed in the five major fields of bills, justice, public welfare, logistics and financial services. But it's just the tip of the iceberg of blockchain applications. I believe that in the future, with the further exploration of blockchain technology, blockchain technology will truly enter millions of households, and "what can blockchain do" is no longer a question that needs to be answered.

Hunan Unicom's self-developed blockchain product "Blockchain + Tiangong" officially launched

Hunan Unicom successfully launched the "Blockchain + Tiangong" application product today. This is the first independently developed blockchain product of Hunan Unicom, and it has been tested in Changsha, Huaihua and Hengyang. The efficiency of Hunan Unicom's government and enterprise fund management has improved the platform-based risk prevention system.

Qingdao West Coast New District uses blockchain to advance "smart retirement"

The Civil Affairs Bureau of Qingdao West Coast New District recently reached a formal cooperation agreement with Qingdao Huasaiia Blockchain Research Institute to explore the application of blockchain technology in the provision of pension service subsidy funds and the supervision of service quality. The new zone has invested more than 1.6 million yuan.

Beijing Haidian enterprise registration uses blockchain, domicile review achieves "smart approval"

On November 27, the Haidian District Market Supervision Bureau made a new breakthrough in smart registration, applied blockchain technology to enterprise registration, and achieved "smart approval" without human intervention in matters of residence review.

Alipay blockchain used for subway for the first time: Yangtze River Delta subway "pass" covers 1842 kilometers in 11 cities

On November 29, the reporter learned from Shanghai Metro that Alipay ’s blockchain technology has been successfully applied to the “Yangtze River Delta major cities scan code interconnection and interconnection” project. When residents of 11 cities across the country go to each other ’s cities, they only need to open The subway app can also scan codes in the remaining 10 cities. Among them, there are 9 inter-connected cities in the Yangtze River Delta, namely Shanghai, Nanjing, Hangzhou, Hefei, Ningbo, Wenzhou, Suzhou, Wuxi, and Xuzhou (from December 1).

Construction of blockchain platform projects

Babbitt launches "strict selection platform for industrial blockchain", 3 major services help technology landing

On November 30, Babbitt Industrial Blockchain launched the "Strictly Selected Service Platform". This is the first major move after Babbitt launched the "Industrial Blockchain" channel on October 29. At the same time, it also complied with the government ’s call. Powerful measures to accelerate the development of blockchain technology and industrial innovation, and actively promote the development of blockchain and economic and social integration.

KPMG launches KMPG Origin, a blockchain traceability platform, to improve transparency in multiple industries including financial services

It was reported on November 29 that KPMG, one of the world's four largest accounting firms, officially launched a blockchain-based traceability platform-KMPG Origin in Australia, China and Japan.

HSBC plans to transfer large-scale assets to a blockchain custody platform to digitize private placement records

It was reported on November 28 that the British banking giant HSBC Bank plans to transfer $ 20 billion worth of assets to the blockchain custodian platform Digital Vault by March 2020, in order to digitize the paper records of private placements in order to digitize Increase the standardization of this emerging industry and speed up processes.

Blockchain national team BSN landed in Hangzhou, 5 applications accelerate the "urban brain" evolution

On December 1, the Blockchain Service Network Development Alliance initiated by the National Information Center, China Mobile, China UnionPay, etc. held its first general meeting in Hangzhou. At the meeting, the Blockchain Service Network (BSN) assisted social governance and the trial of the Hangzhou Urban Brain City Platform was officially launched, while the permanent site of the BSN Global Operations Center and Global Partner Conference was settled in Hangzhou. BSN is a global blockchain service infrastructure across the public network, across regions, and agencies initiated by the top-level planning of the National Information Center. It is a public blockchain resource environment for developers based on the Internet concept. Reduce the development, deployment, operation and maintenance, interoperability and supervision costs of blockchain applications, and promote the rapid development and popularization of blockchain technology. The first members will include China UnionPay, China Mobile, China Telecom, CMB International, Weizhong Bank, Huobi China, etc.

Nanjing's first municipal blockchain industry innovation and development platform settled in Jianxi

On the morning of November 28, the inauguration ceremony of the Nanjing Blockchain Industry Application Association and the blockchain technology innovation and application development summit forum were held in Nanjing Hexi CBD. At the conference, the Nanjing Blockchain Industry Application Association held an unveiling ceremony. A number of platform cooperation, regional linkage cooperation, financial service cooperation, and enterprise introduction cooperation projects were signed on-site, marking the official establishment of the first municipal blockchain industry innovation development platform in Nanjing Hexi Jianye.

Bank of Communications launches China's first blockchain asset securitization system

On November 28th, the Bank of Communications stated that it had launched the first domestic blockchain asset securitization system, the "Chain Blending" platform, joined the People's Bank of China's trade financing blockchain platform, and joined the China Banking Association's "China Trade Finance Cross-Bank Trading Blockchain Platform"

V. Blockchain Technology Progress

Ethereum 2.0 client enters code security audit phase, testnet will be released next week

It was reported on November 28 that the Ethereum 2.0 development team Sigma Prime announced that they have selected the code auditing company Trail of Bits to audit the client's Lighthouse codebase in January 2020.

What's new in the official release of Bitcoin Core 0.19.0?

Bitcoin Core 0.19.0 was officially released recently, bringing the GUI's default Bech32 address, reducing bandwidth requirements, deprecating Bloom Filters, supporting new filters, and more.

EOS founder BM latest article: Refactoring EOSIO resource allocation

BM posted "Reconstructing EOSIO Resource Allocation" on Medium, and proposed a new solution to the CPU problem.

Research on Layer 2 protocol review attack, Vitalik claims to synchronize 99% fault-tolerant consensus or solution

Recently, blockchain researcher Ryuya Nakamura and others have proposed a review attack strategy for the Layer 2 protocol. They believe that this attack is difficult to identify. Even if users recover through a soft fork, they cannot be honest without punishment The verifier's situation goes on to punish the attacker. Ethereum founder Vitalik expressed his views.

Investment and financing

Blockchain game studio Mythical Games completes $ 19 million financing, with total funding of $ 35 million

SBI Investment, a subsidiary of SoftBank, strategically invests in Securitize

Ripple has completed the final USD 20 million investment in MoneyGram, with a total investment of USD 50 million

Charles Schwab to acquire securities giant TD Ameritrade for $ 26 billion

The Blockchainer obtains strategic investment from Golden Phoenix to build a blockchain industry innovation platform

Mining company receives Hut 8 for US $ 15 million in debt financing, investors are Genesis Global Capital

Privacy Bitcoin wallet Wasabi completes first equity financing, valued at approximately $ 7.5 million

Seven, mining

Ant S9 reached shutdown price. Earned 90 yuan a day, now it is 6 yuan.

Four keywords take you back to the major events in the mining circle in 2019

Energy consumption is reduced by up to 100 times. University researchers propose new algorithms to rescue PoW mining with photonic chips

Trading market

South Korean exchange Upbit stolen, 342,000 ETH transferred to unknown address

Despite the plummeting price, most Bitcoin investors lost less than $ 200

Jiang Zhuoer: The cryptocurrency downtrend is likely to have ended

Nine, DeFi

DeFi observation for a week: stablecoins and smaller market value tokens become the next major growth point

Read the next wave of DeFi in one article: Security and Privacy

Than the original chain MOV test online, start a new journey of DeFi

Why is DeFi the second breakthrough in crypto history?

$ 405 million! Ethereum's DeFi hedging amount hits record high, with MakerDAO accounting for 74%

X. Central Bank Digital Currency

Popular science | An article to explain the technical details of the central bank DC / EP

This is a technical big coffee. By integrating the information about DC / EP from all parties, the relevant technical details are summarized.

Saudi and UAE leaders confirm digital currency launch

Leaders of Saudi Arabia and the United Arab Emirates confirmed that the two countries will start the development of digital currency, which will be used for transactions between banks of the two countries.

One article to read Singapore's central bank digital currency plan, Ubin

In fact, as early as 2016, the Singapore financial regulator launched the Project Ubin program. Now with the rise of the central bank's digital currency concept, the Monetary Authority of Singapore (MAS) recently announced the latest progress of Project Ubin.

Dialogue Lang Xianping: Why did the People's Bank of China propose fiat digital currencies at this time?

"You give me bitcoin, I wouldn't want it" This sentence has been ridiculed by the currency circle for several years. Lang Xianping this time publicly discussed Libra, the central bank's digital currency and bitcoin.

IBM Global Central Bank Digital Currency Survey: Retail Central Bank Digital Currency-The Next Payment Boundary

In this new report, IBM explores countries' attitudes and views on retail central bank digital currencies, explains the problems and shortcomings of the existing monetary system that policy makers are trying to solve, and describes the applications that central bank digital currencies can be applied to Scenes.