China – salary payments via a local blockchain platform using central bank digital currency

16 iunie 2021

Xiong’an New District in Hebei province has just debuted the use of the Digital Renminbi to make salary payments via a local blockchain platform.

The Xiong’an branch of the Bank of China recently worked with China Xiong’an Group Digital City Tech Co., Ltd. to make the on-chain issuance of Digital Renminbi to local forestry employees for work remuneration, according to Sina Finance.

The transaction was conducted via the Xiong’an New District’s own “Blockchain Funds Payments Platform”, and involved the payment of salaries to workers on the “Spring Season Forestation Project”.

The transaction marks the first time that China has seen the use of a “Blockchain + Digital Renminbi” model for salary payments purposes.

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In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?