April 20, 2024

Chinese food supply giant tests CBDC

Bloomberg reports that China's Hapodna Bank (PBC) plans to start tetaping the digital value of the central bank (CBDC) on a fewplatforms operated by food delivery giant Meituan Dianping, part of Tencent Holdings.

It is believed that a large Chinese online platformfor the purchase of foodstuffs, consumer goods and retail services, it has been using PBC for a long time. Looking at the limited information, but rather just, we are talking about the transition to the use of the future CBDC.

The volume of daily transactions of the company for delivery of food, travel and other services reaches billions of dollars.

Another local giant, mobile operatorDiDi has also announced that he has become a strategic partner for the PBC Institute for Digital Currency Research. The organization strives to speed up the use of the future digital currency by forming a dedicated target group for the development and implementation of various scenarios for the use of DC power supply

Despite the fact that many of the world's centralthe banks recognized that at the present time they are working with digital currencies, in this sense, China is considered the leader. The country plans to strengthen control over the rule by allowing the government to control all financial operations with the use of CBDC.

In addition to testing in several regions of China, the tests were carried out in large American networks Subwa, Starbucks and McDonald's.

In addition, working together with the Chinesea commercial bank, PBC tested a mobile application linked to CBDC. Among the functions of the application are the payment of bills for communal services and replenishment of the mobile phone account with the help of a tap.

</p></p>