China to Accelerate Implementation of Smart Contracts Based on Digital Yuan
Based on the results of the use of smart contracts with e-CNY in government and commercial projects, the Central Bank of China has come to a decision on the wide integration of the digital yuan into the country’s economy. Mu Changchun, head of the Digital Currency Institute of the People’s Bank of China (PBOC), said the regulator plans to roll out more smart contracts for the digital yuan (e-CNY) as more applications for the national…
