CBDCs: Chinese Banks Introduce Central Bank Digital Currency Hardware Prototypes for Multiple Applications
Chinese banking institutions have introduced central bank digital currency (CBDC) hardware prototypes for several different use cases. The People’s Bank of China (PBoC), the nation’s central bank, and the Industrial and Commercial Bank of China (ICBC) have introduced prototype hardware devices that aim to offer support… Read More
Read more in: Blockchain & Digital Assets, Asia | Tagged ant group, banking, cbdc, cbdcs, central bank, central bank digital currency, china, digital currencies, digital renminbi, digital wallet, digital yuan, icbc, industrial and commercial bank of china, jd technology, jd.com, mainland china, mobile wallets, online wallet, payments, pboc, peoples bank of china, reserve bank, shanghai, smartphones, tencent, virtual currencies