Technology company SoftBank LINE plans to open a space to help multinational banks set up CBDCs.

According to the report, on July 9, 2021, the Software Research Institute of the Chinese Academy of Sciences (Blockchain Research Institute of the Chinese Academy of Sciences) and Hainan Haifu Technology Co., Ltd. Inauguration ceremony of the organization of the Hainan branch. Yao Congzhou, Director, Software Center, Chinese Academy of Research, Technical Specialist, Blockchain Research Institute, Chinese Academy of Research, Professor, Central University of Finance and Economics, Director, Building Finance Department, Vice President of Beijing Blockchain Technology Application Association and Central Party of the University Party "On the blockchain with Indian leaders," author Huang Zhen and Wang Lei, vice president of the Blockchain Research Institute of the Chinese Academy of Sciences attended the event. The Blockchain Research Institute of the Chinese Academy of Sciences is dedicated to the research, development and application of advanced theories of blockchain technology, and also promotes the integration and exchange of blockchain technology and the development of industry. The Hainan branch of the Blockchain Research Institute of the Chinese Academy of Sciences will focus on promoting real industry by applying blockchain to a variety of real world industries.