The research and application of legal digital currency will help to meet the public demand for legal tender in digital economy, improve the convenience, security and anti-counterfeiting level of retail payment, and accelerate the development of digital economy in China.
The main forms of digital RMB
Digital RMB is not a new currency. Legal tender in digital form controlled by the central bank. In fact, it is an electronic version of RMB, which has the same functional attributes as paper money and can be regarded as the digital form of paper money.
At present, the revealed digital RMB DC/EP test content mainly focuses on retail payment scenarios, covering life payment, catering services, transportation, shopping consumption, government services and other fields.