Beijing Starts New Round of Digital Chinese Currency Trial

Beijing has started another round of digital RMB trial on Tuesday under the theme of digital carnival, according to local financial regulator in the city

BEIJING, October 12 (TMTPOST)  - Beijing has started a new round of digital RMB trial on Tuesday under the theme of digital carnival, according to local financial regulators in the national capital city. The trial focuses on mobility and transportation scenes this time. Tickets for taking the metro and public buses are distributed through two mobility apps, with each ticket counted as RMB9.99. Any user in Beijing can participate in the activity.

Source: Visual China

It is reported that mobility app Yitongxing will be distributing metro tickets for the trial activity while Beijing Yikatong (Beijing’s public transportation payment service) will be distributing both bus and metro tickets.

Starting from October 12, passengers can download Digital RMB App from Yitongxing’s promotion page. Users will have to open the Industrial and Commercial Bank of China’s digital RMB wallet for top-up after downloading the app and registering an account. Then users can connect the wallet to Yitongxing to claim a trial ticket worth 0.01 digital RMB, which can be used for taking the metro once. Each of these trial tickets can be counted as much as RMB9.99 when being used. Passengers can use the ticket on all 24 metro lines in Beijing and four suburbia lines (excluding the airport express). The tickets will expire in 14 days.

China’s digital RMB is a centralized currency issued by the country’s central bank People’s Bank of China. It is recognized as fiat money and has been undergoing trial operations across China. The People’s Bank of China started to test digital RMB as early as late 2019 in Shenzhen, Suzhou, Chengdu, and Xiong’an districts. In 2020, Shanghai, Hainan, Changsha, Xi’an, Qingdao, and Dalian also started testing the use of digital RMB. China believes that digital money should be secured and regulated by the state. The country has banned cryptocurrency trading and mining in fear of the risks presented by speculation and their decentralized nature.

本文系作者 Garrett_Li 授权钛媒体发表,并经钛媒体编辑,转载请注明出处、作者和本文链接
本内容来源于钛媒体钛度号,文章内容仅供参考、交流、学习,不构成投资建议。
想和千万钛媒体用户分享你的新奇观点和发现,点击这里投稿 。创业或融资寻求报道,点击这里

敬原创,有钛度,得赞赏

赞赏支持
发表评论
  • 给小编加鸡腿🍗
  • 爱了爱了😁
  • 挺有深度的,不错
  • 紧跟时事,赞一个👍🏻👍🏻
  • 真不错,收藏了
  • 写的很不错,关注了
  • 都没有那么简单
  • 这么厉害的吗
  • 学到了学到了
  • 商场如战场,竞争激烈啊
  • 行业发展都是有周期的
  • 企业的发展都不是一番风顺的
  • 说的好有道理😄
  • 内容值得人们反思
  • 数据还是很详细的
  • 内容很精彩,夸一夸
  • 又学到了很多知识
  • 内容很详细👍🏻
  • 小编辛苦了
0 / 300

根据《网络安全法》实名制要求,请绑定手机号后发表评论

登录后输入评论内容
42
142

扫描下载App