Business

HSBC HK targets tokenization offerings in new diversification drive
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10 March, 2024

HSBC HK targets tokenization offerings in new diversification drive

As it moves to fully embrace emerging technologies, HSBC Hong Kong plans to offer tokenized assets to its wealth management...
Alibaba e-commerce platforms add AI to boost sales, enhance content creation
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10 March, 2024

Alibaba e-commerce platforms add AI to boost sales, enhance content creation

While early users lauded Alibaba's latest artificial intelligence tools, several merchants have reservations due to the lack of studies on...
BRICS eye stifling US dollar influence with blockchain-based payment system
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9 March, 2024

BRICS eye stifling US dollar influence with blockchain-based payment system

Russia is reportedly banking on the planned blockchain-based payment system to reduce the U.S. dollar's global influence, seeking help from...
China ramps up quantum computing, AI efforts as race with US heats up: report
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9 March, 2024

China ramps up quantum computing, AI efforts as race with US heats up: report

A new report says China will draw up plans to step up efforts in emerging tech to meet strategic goals...
India exempts startups in new regulation on releasing AI tools to public
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8 March, 2024

India exempts startups in new regulation on releasing AI tools to public

Aside from getting a permit, firms covered by the new mandate should ensure that their artificial intelligence tools, products, or...
Russia’s CBDC pilot hits 25,000 transaction mark
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8 March, 2024

Russia’s CBDC pilot hits 25,000 transaction mark

Seven months after its introduction, Russia's digital ruble pilot has recorded 25,000 transactions, with the upcoming project with fellow BRICS...
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