China Blockchain Summary Daily EVENING NEWS: Quick Review

1. The National Internet Information Office releases the third batch of domestic blockchain information service filing numbers.

2. Hubei was approved as a cross-border financial blockchain platform, and was the first to be an exporter of medical supplies.

3. The number of Alipay blockchain patents reached 2344, ranking first, and Tencent ranked second.

4. China Food and Drug Blockchain Special Committee was established.

5. Sony develops a public database on the blockchain, which can provide an average daily travel data record of 7 million people.

6. The Portuguese government releases a sandbox framework for emerging technologies such as blockchain.

7. Vitalik: ETH 2.0 requires three clients of the testnet to run continuously for 8 weeks to start.

8. Alibaba withdraws from the terminal mining field, and Youku delists from Baobao.

Also Read:https://www.asicminerstore.com/news/the-phrase-bitcoin-halving-rises-exponentially-on-google-trends/

Daily news1:Former Goldman Sachs executive: BTC is the future of the currency itself and is expected to rise to US $ 1 million in the next 5 years

According to Cointelegraph, the former Goldman Sachs stock derivatives business head and Real Vision founder Raoul Pal previously issued a report saying that for the current coronavirus-induced systemic weakness in the global market, Bitcoin represents an opportunity to help people break away from the status quo.

At the same time, he predicted that although gold may rise 5 times in the next 5 years, Bitcoin‘s potential is much greater. Bitcoin can reach 1 million USD in the same period. It can grow from an asset class of $ 200 billion to an asset class of $ 10 trillion.

He also pointed out that Bitcoin is not just a currency, not even a means of value storage. Bitcoin is a complete, trusted, verified, secure, and valuable financial and accounting system, and it cannot be created outside of cryptographic algorithms. And this is the future of the entire trading media system, as well as the future of the currency itself and its operating platform.

 

Daily news2:Crypto-Friendly Bank Signature Bank’s first quarter net income fell 30%

According to The Block, Signature Bank, a crypto-friendly bank, reported that its net revenue in the first quarter of 2020 decreased by 30% compared to the first quarter of 2019. The reason for the decrease in net profit was that, due to the coronavirus epidemic, the credit loss reserve increased by $ 60.5 million.

 

That’s the today’s daily news.

 

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Post time: Apr-24-2020