First yuan digital wallet seizure, $10 billion Chinese Web3 fund, Starbucks NFT: Asia Express

OUR weekly summary of news Since East Asia curators THE industry most important developments.

ACS Capital, A Chinese adventure capital funds base In Shenzhen, has promised $10 billion For A inaugural Web3 funds to focus on virtual reality, metaverse assets, And non-fungible tokens.

During THE Guangdong-Hong Kong-Macao Bigger Bay Area Digital Economy Development Conference on December 26, Haolong Li, President of ACS Capital, that It is new Web3 Funds will help THE region become THE "the world meta-active capital city. »

ACS Capital East supported by China state-owned National Engineering Laboratory And financial establishments including THE Asia Peaceful Investment Bank And China Europe International Financial Band. THE farm provides education training, industry capital, And investment incubation For Web3 And AI startups.

Ten cents new blockchain fleet management patent

Chinese technology conglomerate Tencent has has been reward A patent For manager vehicle fleets using blockchain technology. According to has local news on December 27, THE patent, approved by China Intellectual Property Desk, implied conversion vehicle Licence plates has chop values And SO verification THE chop against vehicle information stored on A public blockchain.

THE procedure would be allow service suppliers such as car rent companies And car park attendants has monitor THE real time movements of their Vehicles with bigger precision. Tencent First of all deposit THE patent application on November 29, 2019.

In recent years, THE Chinese the Internet giant has has been keen on research And development of Web3 And blockchain technology. On September 7, THE business revealed THE “the greatest AI learn a language model Never" with on data training settings.

Tencent Cloud Vice-president Poshu Yeung during Web3 day In Singapore. (Tencent)

Starbucks NFT experience In Korea

Starbucks will to start deliverance NFT In South Korea In January 2024. Local news points of sale December 21 that THE coffee Chains Future NFT drop East designed has encourage people has bring In their own cups has purchase Starbucks coffee drinks with, And will be detained In conjunction with A new "glass coupon policy." Any of them customer WHO orders A coffee with A reusable glass Or cup can exchange THE coupon For A big size drink And can receive NFT rewards.

THE number of Starbucks clients using staff coffee cups grown up Since 17.4 million In 2019 has 25.3 million In 2022. Last September, THE coffee giant For members, allowing WE. clients has earn And buy digital collectible stamp NFT. THE NFT can SO be exchange For benefits varying Since receive A virtual Espresso martini preparation class has to access unique merchandise has exclusive events guest has Starbucks Reserve Roasters And maybe travel has THE Starbucks Hacienda Alsace coffee farm In Side Rica.

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East Ethereum LEFT And Bitcoin isn't it?

THE First time epileptic crisis of A digital yuan central bank digital currency (e-CNY CBDC) wallet occurred on December 25. According to has that of Beijing Dongcheng People Court A joint venture farm In Beijinga 5 million CNY ($700,000) civil trial against A respondent known only as Mr. Ding, on A investment dispute.

THE p...