China testing digital yuan in four cities
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News Date: May 5, 2020
The app is available for download in four cities selected for the initial trial: Shenzhen, Chengdu, Suzhou and Xiongan. She highlights the inclusion of Xiongan, a new metropolis located on the outskirts of Beijing
Source:coindesk.com
Such a beautiful message of peace
This is the wind of change, a Beautiful message of peace.During the White House signing ceremony Israel projected flags of Israel, Bahrain, the United Arab Emirates, and the US onto the Old City walls as Israeli Prime Minister Benjamin Netanyahu stood alongside President Donald Trump in Washington hailing what he called "historic" peace agreements.
Sources:twitter.com, www.middleeastmonitor.com
PayPal, Venmo to Roll Out Crypto Buying and Selling
Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.Currently, PayPal can be used as an alternative means for withdrawing funds from exchanges such as Coinbase, but this would be a first in terms of offering direct sales of crypto.
Source:coindesk.com
White House announces $1B for AI, quantum mechanics
Today, the White House, the National Science Foundation (NSF), and the Department of Energy (DOE) announced more than $1 billion in awards for the establishment of 12 new AI and QIS research and development (R&D) institutes nationwide.Source:www.whitehouse.gov
BRICS tested Hack-proof quantum communication link
China and Russia collaborated on a groundbreaking test for a hack-proof quantum communication link using the Mozi satellite.This achievement, based on quantum mechanics principles, promises secure data transmission.
A quantum researcher emphasized its crucial role in technological leadership, stating that without quantum technology, success may be unattainable.
This test marks a significant leap in secure information exchange, crucial for BRICS countries and global security.
Iraq is working on the equal deal
Iraqi officials are disclosing that the government is now working on 'equal deal' project for trade and imports with some countries such as China, Iran, and India in their own currencies.They are pointing out that Baghdad is studying the establishment of a free zone to import materials, marketing them to the private sector, and ensuring their delivery to the consumer at competitive prices in Iraqi dinars.
These sources revealed that there are ongoing negotiations with countries to regulate trade and take the best options in terms of payment.
This project reminds us of Donald Trump's statement:
All Currencies will be on an Even Level Playing Field much sooner than most people understand or think