Blockchain Daily Digest – January 7th, 2020

1.   China’s Low-Cost National Blockchain Service Network to Launch in April

The Chinese government’s State Information Center revealed its plans for its national Blockchain Service Network (BSN), aiming to provide small businesses and individuals to operate blockchain applications easily without using a private blockchain network. 

2.   Baidu's Enterprise Blockchain Network Initiates Service for Developers and SMEs to Build Dapps

According to a Chinese media report, the reputed internet giant Baidu launched a blockchain-based service to aid developers as well as small to medium enterprises (SMEs) wanting to set up decentralized applications.

3.   5G, FoodTech, Biotech? Unveiling Top Surprising Portfolios by eToro

Jasper Lee is the Managing Director of Asia, eToro and is a veteran in the trading and Fintech field with over 10 years of experience. He opened eToro Asia in 2016 and has led the company to become the largest and most reputable social trading platform in Asia.

4.   Shenzhen Taxation Bureau to Launch New Blockchain Tax System with Ping An Group

Ping An Insurance and the Shenzhen Taxation Bureau in China signed an agreement to start using blockchain, artificial intelligence (AI), big data, cloud computing, and other technologies to develop a management platform for taxation for all types of taxpayers in the Greater Bay Area. 

5.   South Korean Commission Advocates for the Institutionalization of Cryptocurrencies via Bitcoin Derivatives

A South Korean commission dubbed the Fourth Industrial Revolution Commission has proposed that the government ought to permit financial institutions to establish cryptocurrency-based products, such as Bitcoin derivatives.

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