China’s Central Bank Developed a Blockchain-Based System That Could Replace Paper Checks

China's Central Bank has finished developed a blockchain-based system that could replace paper checks by digitizing checks issued by domestic businesses, reported Coindesk on June 5. The deputy head of the digital currency research lab at the People's Bank of China, Di Gang, expressed the department has "completed the infrastructure of a system that issues digital checks … Continue reading China’s Central Bank Developed a Blockchain-Based System That Could Replace Paper Checks