Decipher the Digital RMB

There are also certain differences between digital renminbi and electronic payment tools: First, the digital renminbi is the country's legal tender and is the asset with the highest security level. Second, the digital renminbi has value characteristics, can transfer value without relying on bank accounts, supports offline transactions, and has the feature of "payment as settlement". Third, the digital renminbi supports controllable anonymity, which is conducive to protecting personal privacy and user information security. The white paper pointed out that China’s research and development of the digital renminbi system aims to create a new type of renminbi in digital form...
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