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The E-Stablecoin would require several scientific advancements that are already in the works, and would allegedly make it possible to transmit electricity almost for free.
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Regulatory authorities were busy in recent days with enforcement actions and fines for data privacy violations levied at some of the most high-profile technology companies including Twitter, Meta (Facebook), and Clearview AI.
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Irreverent Labs, Lighthouse Labs, N3TWORK Studios, DoraHacks, iZUMi Finance, Common and Centrifuge headline the latest funding deals from the world of blockchain.
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The move comes as part of a government effort-led to revitalize consumer spending as a zero-COVID policy has devastated the countries' economic hubs.