While the United States has often been at the forefront of technological advances, this has not been the case with regard to the digitalization of its national currency. For the most part, policymakers have failed to see the industry in a promising light that has led to the Western Superpower lagging behind its Eastern counterpart. […]
Digital Renmimbi
Didi Chuxing ,Conducting The First Real World Trial of Digital Yuan
Didi Chuxing-what many consider China’s Uber to be conducting a test on the digital Yuan. As per Wednesday’s announcement, Didi joined the list of companies and banks to test China’s digital yuan developed by the People’s Bank of China (PBOC). The new electronic exchange medium will be known as the Digital Currency Electronic Payment (DCEP). […]