The next steps in the country’s digital currency/electronic payment, or DC/EP, project—which it has been hammering away at for five years—are to “follow the principles of stability, security and control” and to “select pilot verification areas, scenarios and service scopes,” said Mu Changchun, the head of the PBOC’s digital currency research institute.
Former Ethereum developer Virgil Griffith has been formally indicted for conspiracy to violate North Korean sanctions after giving a cryptocurrency lecture at a North Korean conference. Prosecutors alleged that Griffith discussed how to use blockchain and cryptocurrency technology to launder money.
Aragon Court is using a DAO to bring human judgement-based decision making to binding arbitration onto a blockchain. Both parties as well as the jurors must stake ANJ tokens, and both can lose them.
Baidu Xuperchain is a “blockchain basic service” for small- to medium-size businesses that want to quickly and easily deploy DApps and use smart contracts. It also supports President Xi Jinping's October call to make China the world leader in blockchain.