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OpenAI, an artificial intelligence research laboratory that has recently represented ChatGPT, GPT-4 and many other products, has not made an official launch of any of the cryptocurrencies associated with ChatGPT.

The Internet Giant Entered the Crypto World with Strategies

China's Central Bank Digital Currency (CBDC) digital yuan, or e-CNY, has won a certain victory after completing tests in major Chinese cities. But the next war is now being fought between digital payment giants WeChat and Alipay.

Mobile payments adoption is growing worldwide. Owing to global digitization, the share of mobile payments in transactions is expected to reach 89% by 2025.

2020 was quite a controversial year for the cryptocurrency industry. It started with the bearish sentiment, triggering the collapse of the market. However, the second half of the year turned out to be positive for cryptocurrency, as COVID-related lockdown triggered a significant interest in it.

Chinese e-commerce giant Alibaba has filed a patent for cross-chain technology that improves the connection between blockchains through domain names. The ‘unified domain name scheme’ has been approved by the United States Patent and Trademark Office (USPTO).

A bureaucrat at the International Monetary Fund (IMF), an organization working to strengthen worldwide financial cooperation, proposed a way for the central bank (CB) and private companies to jointly operate the CBDC.

The blockchain "system" promises to be able to scale back, by a wide margin, owing to the "power" of the internet platforms on which many of the current services offered through geolocation, such as Uber, Google, Airbnb, Amazon, Alibaba, to name the main ones. These companies are trying to integrate blockchain into their geolocation apps so they can serve the public better, in an effective, secure and transparent manner.

The year 2020 is most likely the period that will allow us to truly understand the potential of blockchain and its prospects in this world, which depend very much on the ability to overcome the logic that have led so many actors to believe in the potential of the cryptocurrency and blockchain, but to invest and create a new platform every time.