Leading Renminbi Digital Payment System in Xiong'an New District

According to the press release, The Financial Corporation of China Hebei Xiong'an Group and China Xiong'an Group Digital City Technology Co., Ltd. completed the first digital on-chain RMB payment system in Xiong'an New District. The company will use the "Blockchain Fund Payment Platform" of Xiongan New Area to pay the developers of the spring reforestation project in the form of "Digital RMB". For this project, the subcontractor will advertise the "digital renminbi" payment application through Xiong'an's "blockchain fund payment platform" and upload the developer's digital wallet ID, payment and other information on assembly line wages for deposits. Mandatory request In the form of digital RMB, payment is made from the employee's public wallet to the personal digital wallet of the construction company.