Singaporean venture capital Quest Ventures and Web3 incubator Deluv Labs have jointly launched Web3 incubator JD Labs, which will focus on building the Web3 startup ecosystem and provide expert guidance, industry resources, financial support and strategic cooperation to early-stage Web3 teams.
Bank of Communications and Jiushi Group have jointly launched the "Ride Code", a digital RMB app in Shanghai. According to reports, through this code, residents in Shanghai can use their personal coin wallet to pay for transportation expenses when taking buses, ferries and other means of transportation, which will make Shanghai the first city to be able to achieve "Digital Currency Ride Code" one-yard traffic. According to the arrangement, currently, all buses and ferries in Shanghai will be tak...