Chine is open for private and public blockchains

In November 2016, the very first blockchain industrial park has been opened at Shanghai’s Baoshan District together with the objective of not just developing blockchain technologies for government-related work, but also for linking the tech together with finance, insurance, property, intellectual property and other sectors.

Soon after the launch at Shanghai, blockchain industrial parks emerged in different cities around China, for example Hangzhou, Chongqing, Suzhou and Changsha, with a whole investment of over 170 billion RMB ($24 billion) and a great deal of this funding coming from the authorities. With this quantity of investment and spread “playgrounds” to learn more about the nation’s potential with blockchain technologies, it’s normal that China is planning to be a pioneer in the blockchain area.

Binance offers card payment for 4 of its cryptos

Binance, the worldwide cryptocurrency exchange offers the option to purchase cryptocurrency using Visa debit and credit cards.

On the 26th of December, Binance explained in an announcement that its customers have the ability to buy four cryptocurrencies after binding their account into Visa cards issued inside the European Economic Area.

After the user links the Visa cardto his/her account, the user may purchase any of these four cryptocurrencies such as Bitcoin (BTC), Ether (ETH), XRP and Binance’s native token Binance Coin (BNB) using Euros or British pounds.

According to the statement, Binance intends to include support for Mastercard and extra currencies in the future. Binance also intends to expand the support to other authorities past the European Economic Area.

Rwanda will have a school for blockchain professionals

The Africa Blockchain Institute (ABI) will start Rwanda’s apparently first blockchain faculty in 2020, offering five new classes for local programmers, professionals and policymakers.

The ABI Executive Director, Kayode Babarinde, disclosed the new college has five important classes from the pipeline: a blockchain essentials certificate training course, a blockchain programmers’ class, a venture blockchain program, blockchain for attorneys and blockchain for effect.

Babarinde said that the ABI laid the basis for the work in Rwanda by conducting a pilot stage for the faculty from Ghana, where it established the inaugural class to get a blockchain essentials certificate program.

While the five class areas had been extensively sketched out before this pilot in Ghana, the college’s program has been rehauled and upgraded on the basis of their answers and experiences of class participants.

The Bahamas will experiment with crypto

The Central Bank of the Bahamas (CBOB) will present an electronic form of the Bahamian dollar at the Exuma district.

According to the press release, the CBOB will establish its electronic money (CBDC) pilot Dec. 27, which will expand at the first half of 2020 into Abaco, a set of islands and barrier cays from the northern Bahamas.

The electronic money has been developed under the initiative named Project Sand Dollar and are the Bahamas’ first electronic money. The initiative intends to make access to financial services more effective and non-discriminatory.