This report is jointly produced by Preorder Observation and Cointelegraph Chinese.
This week, the first National Blockchain and Distributed Accounting Technology Standardization Technical Committee (hereinafter referred to as the "Blockchain Standardization Committee") inaugural meeting and the first plenary committee meeting were held in Beijing in a combination of online and offline . Tian Shihong, deputy director of the State Administration for Market Regulation and director of the National Standards Committee, and Wang Zhijun, deputy minister of the Ministry of Industry and Information Technology and chairman of the Blockchain Standards Committee, attended the conference and delivered speeches. Wang Zhijun pointed out that the Party Central Committee and the State Council attach great importance to the development of the blockchain industry. General Secretary Xi Jinping emphasized that it is necessary to strengthen blockchain standardization research and enhance the international discourse power and rule-making power. The establishment of the Blockchain Standardization Committee is a key measure to implement the spirit of General Secretary Xi Jinping's important speech. It is of great significance for integrating domestic industrial forces, coordinating the promotion of standardization work, accelerating the establishment of a standard system, and guiding and regulating industrial development. Wang Zhijun emphasized that the blockchain standards committee should focus on key points and provide standard support for blockchain technology and industrial innovation and development. Give full play to the guiding role of standards and improve the standard system; create a batch of high-quality standards around application needs; strengthen the interaction between standardization and industry to promote the application and implementation of standards; actively participate in international standardization work and enhance the international discourse power. Relevant departments and bureaus of the Ministry of Industry and Information Technology, representatives of the Central Network Information Office, the People's Bank of China, the Audit Office, the National Standards Committee and other relevant ministries and commissions, as well as members of the Blockchain Standards Committee attended the meeting.
This week, after the national ministries issued documents supporting the development of the blockchain industry, local governments accelerated their support for blockchain companies. The latest example is Wuhan, which issued a document aiming to create 100 blockchain-related innovative companies within three years. According to the statistics of the report, as of now, more than 33 provinces and cities across the country have introduced special blockchain policies, and the support policies include various aspects from corporate financial and tax subsidies to talent introduction incentives. In February of this year, the central enterprise blockchain cooperation platform released the "Central Enterprise Blockchain Innovation and Development Report (2021)". The report pointed out that as of December 2020, 54 of the 97 central enterprises directly managed by the SASAC have involved In the field of blockchain, the proportion is close to 55.7%. Central enterprises have established 13 blockchain laboratories, 2 blockchain professional companies, and invested in 3 blockchain start-ups. The blockchain layout of central enterprises mainly involves government affairs, energy, finance, communications, medical care, e-commerce, manufacturing and other fields related to the national economy and people's livelihood, focusing on landing applications. In terms of scenario applications, State Grid, Aerospace Science and Industry Corporation, China COSCO Shipping, China Merchants Group, China Resources Group, and China Communications Corporation are respectively involved in green power trading, vaccine traceability, import delivery, cross-border trade logistics, points rights, smart transportation, etc. The scene realizes the application landing.
This week, the Chengdu Intermediate People's Court concluded a dispute over the infringement of the right to disseminate information on the network of works according to law. The second-instance judgment rejected the appeal of the appellant, a computer technology company, and upheld the original judgment. That is, to confirm the authenticity of a cultural communication company’s use of blockchain technology to collect and store evidence and accept it, and to judge a computer technology company to compensate the plaintiff for a cultural communication company’s economic loss of 20,000 yuan and a reasonable evidence deposit fee of 160 yuan. He Xin, the judge of the Chengdu Intermediate People's Court who undertook the case, introduced that on November 16, 2020, Article 2 of the "Opinions on Strengthening the Protection of Copyright and Copyright-related Rights" issued by the Supreme People's Court clearly stipulates that the rules of evidence for intellectual property litigation should be improved. , allowing the parties to save, fix and submit evidence through blockchain and other methods, effectively solving the problem of intellectual property rights holders' difficulty in producing evidence. This case is a useful exploration of the application of blockchain evidence storage and evidence collection technology in the field of copyright protection. At present, emerging technologies represented by blockchain technology have been gradually applied to Internet intellectual property infringement cases and have become an important means of intellectual property protection, and the reasonable and effective use of this technology will effectively promote the construction of the copyright industry environment. , Play an active and effective role in creating a benign ecology for the copyright industry.
On October 28th, the General Office of the Shanghai Municipal People's Government issued the "14th Five-Year Plan for Comprehensively Promoting Urban Digital Transformation in Shanghai". For the development of application functions in different scenarios of digital cities, intensively provide common technology components such as blockchain to reduce technology development costs. Build a public platform for urban intelligent computing, strengthen the guarantee of public computing power scheduling, and improve the supply capacity of artificial intelligence-related technologies. Build an open ecology of the blockchain, support the construction and deployment of the underlying platform of the blockchain, and create a number of open service platforms for the blockchain. Focusing on the full life cycle of new technologies such as blockchain, build a new technology risk assessment system to comprehensively promote innovation in information technology applications. Encourage the testing and verification of new technologies such as blockchain in urban environments, and make cities the best "testing ground" for digital technology applications. Build a new digital trust system, use cutting-edge technologies such as digital identity, digital certification, privacy computing, federated learning, blockchain, and new cryptography to create a credible data circulation structure and improve the security, stability and convenience of data circulation transactions .
News on October 29, recently, the General Office of the Shanghai Municipal People's Government issued the "Shanghai City's 14th Five-Year Plan for Comprehensively Promoting Urban Digital Transformation". The plan proposes to promote new financial technologies. Promote the efficiency of the financial industry through digitization, enhance the service level of institutions, and improve the convenience and inclusiveness of financial services. Carry out digital renminbi pilots, and expand offline and online payment, transportation, government affairs and people's livelihood and other scenarios. Deepen the pilot program of inclusive finance, implement the special project of big data inclusive finance application 2.0, grant more than 200 billion yuan in inclusive finance loans, and double the number of service enterprises. Extend the digital financial service model, accelerate the reshaping of the "headquarters and branches" of financial institutions, innovate financial services at fingertips, promote a number of "open bank" pilots, develop smart investment advisors, and improve asset transactions, payment and settlement, registration and custody, The level of intelligence in key links such as transaction supervision will promote the high-level transformation of the financial market.
On October 29th, the first National Blockchain and Distributed Accounting Technology Standardization Technical Committee Inaugural Conference and the first plenary committee meeting were held in Beijing in a combination of online and offline. Tian Shihong, deputy director of the State Administration for Market Regulation and director of the National Standards Committee, and Wang Zhijun, deputy minister of the Ministry of Industry and Information Technology and chairman of the Blockchain Standards Committee, attended the conference and delivered speeches. Wang Zhijun emphasized that the blockchain standards committee should focus on key points and provide standard support for blockchain technology and industrial innovation and development. Give full play to the guiding role of standards and improve the standard system; create a batch of high-quality standards around application needs; strengthen the interaction between standardization and industry to promote the application and implementation of standards; actively participate in international standardization work and enhance the international discourse power.
On October 29th, the first National Blockchain and Distributed Accounting Technology Standardization Technical Committee (hereinafter referred to as the "Blockchain Standardization Committee") inaugural meeting and the first general committee meeting adopted a combination of online and offline It will be held in Beijing. Tian Shihong, deputy director of the State Administration for Market Regulation and director of the National Standards Committee, and Wang Zhijun, deputy minister of the Ministry of Industry and Information Technology and chairman of the Blockchain Standards Committee, attended the conference and delivered speeches. Wang Zhijun pointed out that the establishment of the blockchain standardization committee is a key measure to implement the spirit of General Secretary Xi Jinping's important speech. It is of great significance for integrating domestic industrial forces, coordinating the promotion of standardization work, accelerating the establishment of a standard system, and guiding and regulating industrial development. Wang Zhijun emphasized that the blockchain standards committee should focus on key points and provide standard support for blockchain technology and industrial innovation and development. Give full play to the guiding role of standards and improve the standard system; create a batch of high-quality standards around application needs; strengthen the interaction between standardization and industry to promote the application and implementation of standards; actively participate in international standardization work and enhance the international discourse power. Relevant departments and bureaus of the Ministry of Industry and Information Technology, representatives of the Central Network Information Office, the People's Bank of China, the Audit Office, the National Standards Committee and other relevant ministries and commissions, as well as members of the Blockchain Standards Committee attended the meeting.
On October 25th, "People's Daily" published an article "Let blockchain technology play a greater role in economic and social development", emphasizing the importance of applying blockchain technology to banking, justice, agriculture and other fields. As of the latest, nearly 7,800 companies from nearly 5 countries and regions have participated in the application of blockchain-related patents, and the total number of patent applications is about 55,000. It is worth noting that China is currently the country with the largest number of patent applications in this field, with about 33,000 applications, accounting for about 63%. Followed by the United States, South Korea. In addition, among domestic enterprises, companies such as Ant Group, Ping An Group, and Tencent rank among the top in the number of patent applications. At present, the patent layout of Chinese enterprises in the field of blockchain is mainly concentrated in related technical fields such as smart contracts, artificial intelligence, and transaction data processing.
News on October 25th, Tencent’s digital collection platform Magic Core issued a response to the change of its NFT wording, saying that Tencent Magic Core has been committed to the digital collection business under the compliance framework, and the digital collection business on the Magic Core platform adopts The real name of the whole process of the user, the review of the whole link of the content, and the transfer of digital products between users are not open, and the violation of laws and regulations related to virtual currency activities is resolutely resisted. The business logic of Magic Core digital collections is completely different from the internal logic and extension of overseas unregulated NFT business. Therefore, this name change is also to express to the public the high standards and strict requirements of Magic Core business compliance. In the future, Magic Core will join hands with Zhixin Chain to continue to empower digital cultural creation and digital art, actively explore the new ecology of the digital economy, and launch more digital collections that everyone loves to see.
AntChain will release the "Forbidden City - Glazed Glory" series of digital collections at 12 o'clock on October 25th. This series of digital collections is inspired by the culture of the Forbidden City, including the Gate of the Forbidden City, the Glass Screen Wall, the Forbidden City with Snow Falling, and the Forbidden City. Enter four digital collections, each limited to 8,000 copies.
On October 25th, the R&D and Application Promotion Center of Henan Blockchain Technology Research Association was formally established in Henan Zhongdun Yunan Information Technology Co., Ltd. This is the first blockchain technology R&D and application promotion center in Henan.
On October 25th, "People's Daily" published an article today "Let Blockchain Technology Play a Greater Role in Economic and Social Development". An important reason is information asymmetry - it is difficult for banks to grasp relevant information of small, medium and micro enterprises in a timely, accurate and complete manner, resulting in difficulties in loan review and risk management and control. The blockchain has the characteristics of leaving traces throughout the process, non-tampering, openness and transparency, and provides technical support for solving this pain point. The bank can quickly push the loan evidence and subsequent breach of contract that have been stored on the blockchain during the business process to the court; because the blockchain guarantees that all the information on the chain is original, complete and transparent, the court can file cases in batches , Rapid disposal, breach of contract cases that used to take half a year or a year to be processed can now be processed within one month.
On October 26th, according to news from Zhongjing Xinwei, the audio solution platform "Easy Ode" developed by Bytedance Company received the attention of the copyright industry at the 8th China International Copyright Expo. According to the person in charge of the platform, ByteDance has established a copyright protection system through the establishment of smart electronic contracts, blockchain confirmation of rights and certificates, and effectively safeguards the rights and interests of creators.
On October 26th, the 7th Global Blockchain Summit hosted by Wanxiang Blockchain Labs was held in Shanghai. Vitalik Buterin, founder of Ethereum and chief scientist of Wanxiang Blockchain Labs, shared that NFT is very valuable. Value, which gives creators a brand new business model, but he reminded the public that people should not assume that NFT is economically sustainable in its current form, and that NFT needs to go through multiple winters, "We see this Projects in the field perform very well in 6 months to 1 year, but they will become unknown in 1-2 years, I think we must wait patiently, and we must understand what a long-term sustainable NFT will be like.”
News on October 26, according to the WeChat official account released by Xiongan, the Xiongan Urban Computing (Supercomputing Cloud) project has entered the main construction stage. The project will create a trinity of "edge computing, cloud computing, and supercomputing" urban computing The system provides network, computing and storage services for the big data and blockchain of the entire digital twin city.
On October 27th, according to the China Securities Journal, the Shenzhen Stock Exchange has issued a letter of concern to Zhongqingbao, a concept stock in the Metaverse, asking Zhongqingbao to elaborate on the specific content of "Master of Wine", its relevance to the concept of Metaverse, and its technology. Staffing situation, mastery of core technology, R&D investment, R&D progress, feasibility of product landing, expected launch time, market demand, financial impact on the company in 2021 and the following years, etc., combined with industry policy risks, etc. risks of. In addition, the letter of concern also requires Zhongqingbao to respond to relevant questions and explain whether the company and related parties have hyped hot spots, manipulated the market, and illegally bought and sold the company's stocks.
On October 27th, the Western Regional Competition of the 5th China Blockchain Development Competition was held in Chengdu. Thirteen teams from 10 provinces including Sichuan, Chongqing, Guizhou, Yunnan, and Xinjiang competed for tickets to the national finals. Li Ming, Director of the Blockchain Research Office of the China Institute of Electronic Technology Standardization, revealed that the institute is participating in the development of national blockchain standards. China's first blockchain national standard has entered the state of approval and will be released in the middle of next year.
On October 27th, according to the official account of "Zhejiang University Academic Journal", the new open access journal Blockchain: Research and Applications ("Blockchain Research"), sponsored by Zhejiang University and co-published by Zhejiang University Press and Elsevier, was included in DOAJ . The journal was launched in 2020 as a quarterly publication. It is understood that all journals included in DOAJ are academic and research journals, which are generally peer-reviewed or quality-controlled by editors, and have high reference value for academic research. Being included in the DOAJ database this time means that BCRA's journal quality and open access policies have reached international standards, which is of great significance for expanding the scope of journal dissemination, increasing network visibility, and enhancing academic influence.
On October 28th, Cocafe Technology Cocafe, together with Datang West Market Museum, will launch the "Datang Ladies" payment code skin digital collection on AntChain on November 2. This series is based on the collection of cultural relics " "Famille Lady Figurine" is the design prototype, including two digital collections, "Lady of the Tang Dynasty" as Quiet as a Virgin" and "Lady of the Tang Dynasty" and "Moving Like a Rabbit".
On October 28th, recently, the Chinese Academy of Engineering's "China Blockchain Development Strategy Research" project released "Discover 100 Chinese Blockchain Innovation Applications". OneConnect's cross-border trade blockchain service network in Tianjin Port, which participated in the construction as a technology provider and operation and maintenance party, was selected as an application case.
News on October 28, according to the Tianyancha APP, on October 20, the trademarks of "Huawei Metaverse" and "Apple Metaverse" were applied for registration by a Nanjing technology company. The international classification of trademarks is website services, education and entertainment. It is "waiting for substantive examination". It is worth mentioning that the "Xiaomi Yuan Universe" trademark was applied for registration by a blockchain company in Shenzhen before, and the status of the trademark is still "waiting for substantive review".
News on October 28, according to the Shengzhou Municipal Office, since the beginning of this year, Shengzhou has taken the province's digital reform as an opportunity to accelerate the promotion of blockchain-enabled campus food safety supervision, and improve the food safety information of 149 school canteens in the city. , The whole process of leaving traces, traceability, openness and transparency, and social evaluation" full-process supervision capabilities, realize the disclosure of campus food safety information throughout the process, and ensure that 90,000 teachers and students "safety on the tip of the tongue" will be upgraded again. The city's campus food safety has achieved zero accidents for five consecutive years, and the public satisfaction rate reached 99.35%.
On October 29th, the Cross-Strait Blockchain Innovation Application Exchange Conference and the Opening Ceremony of the Cross-Strait Greater Bay Area Blockchain Application Research Institute were held in Fuzhou on the 28th. The event was jointly sponsored by the Fuzhou Cross-Strait Peaceful Reunification Promotion Association, Fuzhou High-tech Zone Management Committee, and Fujian Blockchain Association. Industrial upgrading and coordinated development of Taiwanese enterprises, strengthening cross-strait cultural and economic integration. Chen Chengmao, chairman of the Fuzhou Cross-Strait Peaceful Reunification Promotion Association, said in his speech that the two sides of the Strait are connected by roots, things compete for the same origin, and the digital economy based on blockchain technology has brought the two sides back to zero distance. The mission of the Cross-Strait Greater Bay Area Blockchain Research Institute is to innovatively use blockchain technology to serve the cultural and economic integration and development of the two sides of the Taiwan Strait.
On October 29th, the well-known singer JJ Lin posted on social media that he had received a customized NFT from the developer of the marine environmental protection NFT project Cyber Dolphin to support CyberDolphin's marine protection actions.
On October 29th, the country's first blockchain intellectual property protection workstation was unveiled and established by the Shenzhen Information Service Blockchain Association. Bai Ling, deputy director of the Shenzhen Social Organization Administration, and the Intellectual Property Protection Office of the Shenzhen Market Supervision Director Zeng Yaodong unveiled the plaque for the workstation. Subsequently, a blockchain intellectual property protection seminar was held. Zeng Yaodong, director of the Intellectual Property Protection Division of the Shenzhen Market Supervision Administration, said that the establishment of the Shenzhen Information Service Blockchain Association's Intellectual Property Protection Workstation is an important part of Shenzhen's further improvement of the social governance network for intellectual property protection. Give full play to the platform role of the workstation, actively link with the protection center of the competent department, coordinate various service resources to provide member companies with intellectual property protection services such as policy consultation, information retrieval, rights protection scheduling, dispute resolution, certification training, etc., and continuously improve the brand of member companies, Give full play to the positive role of intellectual property rights in promoting the innovation and development of enterprises; implement and promote the protection of intellectual property rights in the blockchain industry, enhance the awareness of intellectual property protection in the blockchain industry, and improve the intellectual property rights protection and protection system.
On October 29th, L&O Design announced at noon that it signed a "Strategic Cooperation Agreement" with Tencent Cloud to jointly create a digital platform for the cultural and tourism industry, jointly build intelligent scenarios, and jointly create a new model of cultural and tourism operations. In the form of technology + culture, create a unique tourism brand IP image for cultural tourism projects, and at the same time use the IP image to match the planning, and jointly complete the overall creative planning of the project and the top-level design and construction plan. In the future, Tencent Cloud will use its own advantages in blockchain and other cutting-edge technologies to help L&O to create a blockchain business system with its own characteristics.
On October 29th, the digital collection of "Goujian Sword of the King of Yue", the treasure of the Hubei Provincial Museum, was officially released to the public. Users can purchase, appreciate and share it on the Alipay search fan grain applet. There are a total of 10,000 copies of this batch of digital collections, and they are sold out as soon as they go online. Wang Xianfu, deputy director of the Hubei Provincial Museum, said: Create new cultural scenes through digital collections, promote traditional culture in a way that young people like, not only stay at the museum level in the protection of cultural relics, but also send cultural relics to everyone. The place.
On October 29th, the Beijing Transportation Comprehensive Governance Affairs Center launched a public bidding for the research and development and application demonstration of key technologies of the Beijing transportation special blockchain, aiming to build a special blockchain system in the transportation field, and to promote carbon inclusiveness and P in the public green travel. +R carry out pilot applications in typical scenarios such as parking and transfer management, and improve the application demonstration effect of blockchain technology in the transportation field.
On October 31st, the Economic Daily published an article "Short-sighted" short video copyright issues, the article stated that the platform should take the initiative to protect copyright. On the one hand, increase the procurement and production of genuine content and original content, and strive to achieve a standardized and genuine operating model; on the other hand, use advanced technical means to actively review and actively fulfill the main responsibility of the platform and the obligation to notify and delete . Technical shortcomings cannot be an excuse for the absence of regulation. In the past, many platforms claimed that the large number of short video users and rapid technological changes have brought great difficulties to supervision. With the application of advanced technologies such as blockchain and artificial intelligence, the platform will be able to stop and strike in a timely manner for obvious infringements.
News on October 31, according to incomplete statistics, as of now, more than 33 provinces and cities across the country have issued special blockchain policies. In addition to financial incentives, rent reductions, talent subsidies and other support measures, many places have included in policy documents Clearly encourage the establishment of a blockchain special fund. Among the 33 local blockchain special policy documents, 16 places clearly proposed that the government state-owned capital should lead the establishment of blockchain industry investment funds or sub-funds. ) The fund amount is 1 billion yuan or not less than 1 billion yuan. In addition, 4 regional governments indicated that they would use existing government guidance funds to provide support to blockchain companies, and 9 regional governments encouraged private capital to set up blockchain industry funds, and the government gave corresponding support.
News on October 31, according to the official account of the central enterprise blockchain cooperation platform, the central enterprises have accelerated the creation of the source of blockchain original technology and the long chain of the modern industrial chain, forming a group of blockchain backbone enterprises, and the output series are internationally leading. Level of original scientific and technological achievements. In February of this year, the central enterprise blockchain cooperation platform released the "Central Enterprise Blockchain Innovation and Development Report (2021)". The report pointed out that as of December 2020, 54 of the 97 central enterprises directly managed by the SASAC have involved In the field of blockchain, the proportion is close to 55.7%. Central enterprises have established 13 blockchain laboratories, 2 blockchain professional companies, and invested in 3 blockchain start-ups. The blockchain layout of central enterprises mainly involves government affairs, energy, finance, communications, medical care, e-commerce, manufacturing and other fields related to the national economy and people's livelihood, focusing on landing applications.
News on October 25, according to local Saudi media Al Eqtisadiah, the Central Bank of Saudi Arabia (SAMA) is exploring technologies such as blockchain and distributed ledgers through the Aber digital currency project, and has not yet made any specific decisions. The central bank revealed that the Saudi government plans to increase the share of electronic payments to 70% by 2030 to reduce reliance on cash, and has no intention of completely eliminating paper money. SAMA is optimistic that this goal can be achieved five years ahead of schedule.
On October 25th, the auction house Sotheby's tweeted and announced the launch of the first NFT jewelry auction "Vatican Star". This pair of diamond earrings is inspired by Van Gogh's famous painting "Café Terrace at Night" (Café Terrace at Night) and is currently in the collection of the Kroller Muller Museum in the Netherlands. "Vatican Star" is also the first NFT jewelry auction that Sotheby's cooperated with Kroll Muller Museum.
News on October 26, Twitter is developing a blockchain-related "collection" tab to showcase users' NFT collections. The platform first started developing the feature in September, and Twitter software engineer Mada Aflak posted a tweet in late September showing the early stages of its project's development for the first time.
On October 27th, Facebook CEO Mark Zuckerberg said at the latest earnings conference that an important matter for Facebook is to build a metaverse vision. However, Mark Zuckerberg did not plan to change the name of Facebook. To make any comments based on reports that reflect the focus of AR / VR business, he only admitted that he did have great ambitions in this field. He said: "Facebook's goal is to make the metaverse reach 1 billion people, and the metaverse may bring In addition, Mark Zuckerberg admitted that the competitive pressure from TikTok and iMessage has been intensifying, and Facebook will take more measures to win over "young people" between the ages of 18 and 29. "user.
On October 28th, according to Ledger Insights, the NFT platform Veve announced that it will launch NFT digital collections for Disney, which will become part of the Disney+ promotional activities of the Disney streaming platform. It has not yet disclosed which NFTs of characters will be provided, but it is expected that the scope will not be limited to Disney animation characters, but will also cover the characters of the group's companies, including Marvel (Spider-Man), Pixar (Toy Story, Car Story, Finding Nemo, Incredibles) ), Star Wars, etc.
October 29th, Facebook announced on Thursday that it will change the company name to "META". The company said in its name change announcement that the company's stock symbol will be changed to "MVRS" from December 1. "Within the next decade, we hope that the Metaverse will reach a billion people, host hundreds of billions of dollars in digital commerce, and provide millions of creators and developers with access to the world," Zuckerberg wrote in a letter on Thursday. Job support.” Zuckerberg predicted that elements of the Metaverse could become mainstream within five to 10 years. He added that the company expects to invest "billions of dollars over the next few years before the Metaverse reaches scale."
News on October 29th, to commemorate the 40th anniversary of the grilled pork chop sandwich (McRib), McDonald's America decided to give away 10 McRib NFTs for free next week. "Our McRib NFT is a digital version of a fan-favorite sandwich that's almost as delicious as the McRib itself, and we'll be giving them away to some lucky fans on Twitter starting November 1," the company said in a statement.
October 30th, Neal Stephenson, the author of the sci-fi work "Avalanche" that proposed the concept of the metaverse, tweeted: I have nothing to do with anything involving the metaverse at Facebook, except for the obvious fact that they used me A term coined in Avalanche. There is 0 communication and no commercial relationship between me and Facebook.
News on October 30th, "Forbes" published an article on October 28th about NFT taxation. It mentions: Although the IRS has not issued any specific tax guidance for NFTs, most art-based NFTs such as CryptoPunks are likely to be classified under IRS § 408(m)(2)(A). Collection. In this case, there are three scenarios that may trigger taxable events, namely: using cryptocurrency to purchase NFT; cashing out NFT or trading NFT for another NFT; obtaining NFT royalties in the form of cryptocurrency. In addition, it is mentioned in the article that users who hold an asset for less than 12 months and then sell it will generate short-term capital gains. For the highest tax bracket, the maximum tax rate for short-term income is 37%, and if the annual income exceeds a certain threshold, a net investment income tax of 3.8% is required. Users hold an asset for more than 12 months and then sell it to generate long-term capital gains. Long-term capital gains taxes on cryptocurrencies top out at 20%. Likewise, those with annual income above a certain threshold are subject to a 3.8% net investment income tax. High earners are taxed at a maximum rate of 28% on their long-term NFT income.
On October 31, the front page of the Securities Times included the article "The Future of the Metaverse Is Beyond Facebook's Imagination", which mentioned the event of Facebook changing its name to Meta, the definition of the Metaverse, and the need for order in the Metaverse. The article concludes: From Facebook's perspective, the Metaverse is the next frontier for connecting people, just like the original social networking site. But the metaverse is still in its very early embryonic stage, and the connection of people is only one part of it, and the future is much more than that.
On October 31st, CoinDesk published an analysis article "Facebook Steals Encrypted Ideas Again with Its Ridiculous Rename". According to the article, Mark Zuckerberg's vision for the metaverse has little to do with the open, interoperable vision first proposed by the blockchain industry. While Facebook's online virtual reality (VR) will have some form of NFT integration, the broader vision isn't Zuckerberg's. His presentation centered on his disappointment with Apple's App Store and Facebook's plans to create a competing parallel walled garden focused on online VR experiences (which the CoinDesk writer says he doesn't intend to call the Metaverse). They will charge creators for designing virtual clothes. Zuckerberg even warned yesterday that fees on the platform would be high for a while. Zuckerberg explained that Facebook will build its online VR business at a loss for a while (including by subsidizing the equipment) to justify its high costs. The CoinDesk authors also touched on user privacy, monopoly, legal and regulatory concerns, concluding that the Metaverse Facebook is building is a digital version of hell.
On October 25th, Huawei and ICBC jointly launched the digital renminbi wearable payment project, and jointly demonstrated the progress of the project cooperation at the Huawei Developer Conference 2021 "Wallet Payment and Membership Service" sub-forum. Users bind the digital renminbi wallet to On the Huawei Watch 3 series watches, the watch can be used to make one-touch quick payment. The two parties also look forward to future cooperation in the multi-dimensional digital RMB scenario.
On October 26th, the Intermediate People's Court of Chengdu City, Sichuan Province concluded a case of infringement of the right to disseminate information on the network according to the law. The authenticity of chain technology evidence collection and evidence deposit was accepted, and a judgment was made against a computer technology company to compensate the plaintiff, a cultural communication company, for economic losses of 20,000 yuan and a reasonable evidence deposit fee of 160 yuan. In this case, the blockchain evidence deposit certificate presented by the plaintiff is electronic evidence obtained and deposited using blockchain technology. The blockchain deposit certificate is credible and cannot be tampered with. Where contrary evidence is presented to overturn its authenticity, its authenticity shall be confirmed and accepted.
On October 27th, the key laboratory of the National Press and Publication Administration "Smart Publishing and Knowledge Service Key Laboratory" was recently unveiled at Nanjing University. The main research contents of the laboratory include: augmented reality, virtual reality, big data technology, 5G technology, Development of industry standards and national standards applied in the publishing industry such as blockchain technology, application scenarios in the publishing industry, and changes in the publishing process.
On October 28th, recently, Chongqing's first smart government 2.0 platform, built with cutting-edge technologies such as big data, blockchain, and artificial intelligence, was officially launched in Jiangbei District with the "Yu Kuai Ban" Jiangbei District Online Service Hall as the carrier. . According to the relevant person in charge of Jiangbei District, Jiangbei District Smart Government Affairs 2.0 platform can not only connect with "Yu Kuaiban", AI approval system, and queuing and calling system, but also realize the central, sub-center, and street and town offices through big data visualization. In addition to functions such as case status, statistical analysis, and good and bad review analysis, it also took the lead in launching the digital government map of Jiangbei District in the city. It is understood that the Jiangbei Smart Government 2.0 platform is also equipped with a smart government comprehensive management system. The system provides internal supervision and inspection and performance evaluation management functions, and conducts online monitoring of the operation process of government services in various departments to realize monitoring rule setting, operation monitoring, and complaint handling. , window personnel management and other statistical analysis functions, the results are automatically summarized and formed into reports.
News on October 29, recently, the 2021 World Industrial Internet Industry Conference (hereinafter referred to as the "Conference") was successfully held in Qingdao. At the conference, the launching ceremony of the backbone node (Jiaozhou) of "Spark Chain Network" was held. The release of the Jiaozhou backbone node is a major measure for Qingdao and even Shandong Province to cultivate and expand the digital economy industry ecology. In terms of digital industrialization, industrial digitization, and empowerment and upgrading of traditional industries, it will enter the fast lane and run out of acceleration to create huge value. . At the same time, this is also an important beginning for the new infrastructure of the "Spark Chain Network" blockchain to open a multi-regional and multi-field layout and accelerate the construction of a new journey.
Healthcare technology company Prescryptive Health today announced the availability of its platform as a service (PaaS), which will leverage the power of blockchain and artificial intelligence to deliver real-time services to pharmacy benefit managers (PBMs). Through Prescryptive Health's PaaS, PBM can provide its members with relatively transparent prescription drug prices. The service can also enable PBM sponsors to save up to 40% through lower drug prices, smarter plan design and greater employee engagement.
On October 26, Nigeria officially launched the central bank's digital currency "e naira" on the 25th, becoming the first African country to officially launch a digital currency. Some studies predict that digital currency and related blockchain technology are expected to increase Nigeria's GDP by $29 billion in the next 10 years.
Yi He, co-founder of Binance and the mother of his children, underscores the importance of stability while addressing CZ's legal situation as his sentencing in the US draws near.
KikyoHong Kong authorities crack down on JPEX exchange, arresting over 70 suspects in a $200 million fraud case, implicating social media influencers and celebrities in promoting the unlicensed platform, while frozen assets and legislative action aim to recover losses and tighten crypto regulations.
WeatherlyChia Network's IPO plan has made new progress, with a revised Form S-1 filed with the U.S. Securities and Exchange Commission.
MiyukiBitcoin miners on Nasdaq experienced a stock surge due to operational shifts and strategic investments ahead of Bitcoin's recent halving.
AlexIsrael launched missiles at the central Iranian city of Isfahan, severely impacting global finance and enhancing the appeal of precious metals as safe-haven assets. This week, traders felt the hawkish stance of central bank officials, intensifying market sell-off pressures. Meanwhile, a strong US dollar is causing a comprehensive storm for Asian currencies.
MiyukiHashKey stops Binance wallet transactions, launches global services, and partners with Animoca to educate and expand in Asia, aiming to become a top licensed exchange within five years.
WeiliangThe agency contended that the court holds jurisdiction due to actions undertaken within the United States by the defendants, including Sun.
CatherineTelegram's integration of Tether onto its TON blockchain opens up global payment possibilities for its 900 million users, potentially transforming it into a WeChat-like platform for the West, while raising questions about TRON's future with Tether.
AnaisSwiss advocates propose amending the constitution to include Bitcoin with gold in national reserves, aiming to enhance financial sovereignty and prompt fiscal discussions in Switzerland.
AlexThe New York Stock Exchange (NYSE) is conducting a market survey on 24-hour trading, partly due to the increase in activities from Bitcoin and retail investors.
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