The digital renminbi penetration payment business has been successfully implemented. Will you use it after it is popularized?
It is reported that for this business, the subcontracting enterprise initiates the application for the payment of migrant workers’ wages to the general contracting enterprise through the blockchain system, and uploads the information such as the migrant worker’s name, digital wallet number, ID number, and payment amount to the chain for storage. According to the application for funds on the chain, the enterprise transfers the salary payment in digital RMB from the digital wallet of the general contracting enterprise to the digital wallet of the subcontracting enterprise through smart contract technology, and finally penetrates the payment to the digital wallet of individual migrant workers. In the process of salary payment, the subcontracting enterprise only has the right to inquire, and cannot intercept or misappropriate the salary.
At present, my country is vigorously promoting the digital renminbi, but some people still question its purchasing power. Earlier, Mu Changchun, director of the Central Bank’s Digital Currency Research Institute, publicly stated that digital renminbi is the same as banknotes and coins, and they can buy digital renminbi that they can buy.
In addition, in addition to doubts about purchasing power, another part of the population has doubts about the privacy of digital renminbi, and feels that how much money was spent and what was bought is clearly recorded. In this regard, Mu Changchun said that they are all false claims. As a legal digital currency, digital renminbi will fully respect privacy and personal information protection.