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Digital Currency CNY Interpretation by the Digital Currency Operations Management Center:DCEPS Providing the technological foundation supporting Shu Bi Da

PANews October 22 reported that the Digital Currency CNY Operations Management Center recently released an interpretation of the central bank-side digital CNY system (DCEPS) and the digital CNY smart contract ecosystem service framework (e-CNY SMART Contract), two major achievements. The central bank-side digital CNY system (Digital Currency & Electronic Payment System,DCEPS) is a comprehensive payment and settlement platform integrating issuance management, retail, wholesale, blockchain payments, smart contracts, and other services, and also provides the technological foundation supporting Shu Bi Da (CBETS). The digital CNY smart contract ecosystem service framework (abbreviated as e-CNY SMART Contract) addresses the needs of digital economy development and establishes an open and collaborative smart contract service system involving multiple parties. The framework has already been applied in prepaid-fund management...

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