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The leading Chinese search engine, Baidu, has recently issued its Digital Token in China, which has probably outlawed Cryptocurrency Exchanges and boasts itself of cutting down global Yuan trade for Bitcoin to 1% only.
Baidu stated that the launch of its Digital Token is to incentivize users of its new Blockchain based photo sharing and validating services. It has also intended to accommodate other digital media assets to the platform, comprising videos, which is expected to be up by 2019.
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Listen on SoundCloud: Chinese search giant Baidu announces its own Digital Token
Source: Cryptoinvestorasia
