Chinese Blockchain‐Based Mobile Payment Revolution
Selva Ozelli · 2022
China leads the blockchain-based mobile digital payment revolution. Users all over the world are able to earn stablecoins by mining. For better or worse, mobile blockchain payment technology adoption seems unstoppable. China Telecom is actively developing blockchain-enabled 5G SIM cards to become one of the world's leading platforms for mobile-based crypto asset transactions. Most nonfungible tokens (NFT) today are minted on public chain technologies that are not allowed in the Chinese market. To decouple the natural association with public chains and cryptocurrency, NFT is renamed Decentralized Digital Certificate. Pang Zhihao, a researcher from the China Academy of Space Technology Corporation, described space power satellite as an “inexhaustible source of clean energy for humans.” The China National Space Agency has been collaborating with India Space Research Organization in fields such as lunar and deep space exploration.