Disclaimer: Currently, RMB digital tests still use QR codes as the payment method and cannot be loaded offline.

Last month, the People's Financial Corporation of China began testing the world's largest digital giant in Shenzhen, according to Financial Research. According to CICC research data, regarding payment method, currently RMB tests still use QR codes as payment method, QR codes cannot be loaded offline and not yet opened. The bank driver provided a new point of sale machine for test traders who now use it to scan RMB denominations. Double-digit numbers helped push the digital renminbi up early and are expected to become the most widely used payment method in the future. In the future, digital RMB is expected to be known for hardware-level offline P2P payments. It is hoped that continued experimentation and support for the digital renminbi will enable the energy exchange and financial expansion associated with DCEP, which will increase the demand for IT innovation by banking companies.