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A little over ten years ago, one of the most important whitepapers in the history of the financial industry was released. Written by a man- or a lady- or men- or ladies- under the pseudonym Satoshi Nakamoto and born out of the horror that was left on the world...
Cobo, a cryptocurrency startup headquartered in Beijing, has raised US$13 million in a Series A funding round from DHVC and Wu Capital to further develop its consumer blockchain products and support the expansion of its product lines into additional markets globally. Cobo offers two flagship consumer products: Cobo Wallet and...
Ping An Insurance, the largest insurer by market value in mainland China and second-largest life insurer in terms of premiums, is betting on technologies including blockchain, artificial intelligence (AI) and cloud to pursue its fintech push. At the firm’s Investor Day in Shenzhen last week, themed Core Finance, some of...
Ant Financial Services Group, the payments and financial services arm of Chinese e-commerce giant Alibaba, has launched a new suite of fintech products and services targeted at financial institutions and banks. Under the Ant Financial Technology brand, the firm will provide products and services under five product portfolios: large-scale financial...
Businesses in Singapore and Chongqing, China, operating in the info-communications and media (ICM) space are set to receive a boost with the announcement of a new fund to aid collaboration.  MOU on Third-party Market Collaboration For projects to be mutually developed and implemented in either country; the China-Singapore ICM Joint Innovation...

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