A spokesperson of the Chinese ride-hailing mobile service told CoinDesk in an email response that it has entered into a strategic partnership with the Digital Currency Research Institute of the People’s Bank of China (PBoC) in an effort to accelerate the application of the CBDC (Central Bank Digital Currency), known as Digital Currency Electronic Payment, or DCEP.
“Under PBoC’s overall DCEP strategy and operation timeline, DiDi’s DCEP taskforce will design and implement pilot DCEP projects in accordance with rigorous safety, security and governance standards,” the firm said.
DiDi is currently the dominant ride-hailing mobile service in China, after merging with a notable local rival in 2015 and acquiring Uber China, backed by investments from SoftBank, Apple, Alibaba and Tencent since its establishment in 2012.
While the details of the roll-out are not yet clear, the pilot plan could see one of the first real applications of China’s digital Yuan initiative as Didi touts a reach of over 500 million users in China, offering taxi-hailing, private car hailing, automobile solutions, two-wheelers, logistics and delivery.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
