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Bejing To Actively Explore Application Of Legal Digital Currency In Payment

Tracy CHEN

Summary: According to jin10, the notice printed by the Beijing Local Financial Supervision and Administration and the Beijing Municipal Bureau of Economy and Information Technology on the issuance of the implementation plan for the establishment of Beijing International Big Data Exchange pointed out that they actively seek support from the state's pilot policies and explore the ...

According to jin10, the notice printed by the Beijing Local Financial Supervision and Administration and the Beijing Municipal Bureau of Economy and Information Technology on the issuance of the implementation plan for the establishment of Beijing International Big Data Exchange pointed out that they actively seek support from the state's pilot policies and explore the application of legal digital currency in the payment and settlement of data transactions at the Beijing International Big Data Exchange under the guidance of the People's Bank of China, aiming to create a payment and settlement system that meets the characteristics of data transactions. 

At the same time, through big data, cloud computing, artificial intelligence, blockchain and other technologies, the trading platform will give play to the functions of online trading, intelligent evaluation, intelligent matching, and risk warning.

Tracy Chen

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