April 23, 2024

TELECOMMUNICATION COMPANY TESTED DIGITAL YUAN

Another private company, Shenzhen Techo Telecom, announced its work with the Chinese central bank as part of a pilot project withdigital yuan.

Then, the provider of the telecom servicesunder the name Shenzhen Techo Telecom, it does not want to give details of its participation in the testing, limiting the communication about “checking the DCEP's work and contacting them with the help of

Last year, the company announced its cooperationwith the manufacturer of mobile devices Huawei, at the same time the organization agreed to create a number of solutions to ensure the safety of financial technical and sophisticated

Today Shenzhen Techo Telecom has connected tothe project of the digital currency of the central bank, which continues to actively move forward. Panee one of the largest banks in the country China Construction Bank (CCB) at the end of the last week inadvertently launched an electronic wallet for payments in digital yuan.

In addition, two weeks ago, the Chinese state banks filed a whole series of patents for the blockchain, and Beijing changed its plan for expanding the digital.

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