More than 8,085,100 digital RMB were introduced into public life in pilot scenarios

2022-04-28 0 By

The integration of digital yuan into people’s lives is accelerating.On January 26, Meituan announced that it would open the digital RMB payment channel for all offline consumption scenarios on the platform.This means consumers will be able to use the digital yuan to pay for food, taxi rides or movie tickets and receive subsidies during the Spring Festival.It is understood that the online digital RMB payment scenarios include more than 200 offline consumption scenarios such as catering, take-out and fresh retail, which is the first time that the digital RMB has realized the full coverage of life services.Since last year, the construction of the digital RMB scene has accelerated.At present, the People’s Bank of China has launched digital RMB pilot programs in Shenzhen, Suzhou, Xiongan, Chengdu, Shanghai, Hainan, Changsha, Xi ‘an, Qingdao, Dalian and the 2022 Beijing Winter Olympic Games.By the end of 2021, there had been more than 8.0851 million digital RMB pilot scenarios, 261 million personal wallets had been opened, and the transaction value was 87.565 billion yuan.From the launch of the DIGITAL RMB APP in major APP stores on January 4th this year to the opening of digital RMB in all scenes, it can be regarded as a milestone event in the promotion process of digital RMB.Broadcom consulting Wang Pengbo financial sector, a senior analyst believes that the basic realization of the People’s Daily life scenes of digital complete coverage of the yuan, also means that digital yuan found and high frequency combination of scene better way, can be more widely service the real economy and the people life, led digital RMB universality and availability.Li Lihui, head of the blockchain research team of the Internet Finance Association of China and former president of the Bank of China, believes that from the data, the number of digital RMB personal wallets has increased, indicating that the pilot of digital RMB has made great and rapid progress.However, from the perspective of transaction amount, the digital RMB “plate” is still small, and the application scope is still very limited, which also indicates that the application prospect of digital RMB is very broad in the future.In order to fully reflect its social and economic value, digital RMB must realize scale.The premise of scale has two aspects: one is the standard of the underlying technology, the other is the popularization of application scenarios.In the preliminary pilot, the technical design, system stability, product ease of use and scene applicability of digital RMB business have been effectively verified. Then, scene popularization is considered to be its focus.Data from Meituan’s platform show that since January, nearly 90 percent of the digital yuan red packets in meituan’s digital YUAN pilot activities have gone to People’s Daily consumption, such as takeout, buying vegetables and dining, with small transactions of less than 30 yuan accounting for the largest proportion.Li Lihui believes that the next step should be to create more similar digital RMB application scenarios, so that the digital RMB can be deeply promoted to all aspects of the real economy and people’s life, so that its universality can fully empower the development of the real economy.”The starting point and foothold of the research and development of the digital RENMINBI is to serve the real economy and facilitate people’s livelihood.”Dong Ximiao, chief researcher of Zhaopin Finance, believes that China’s mobile payment is very developed and there are many mobile payment tools, so the degree of scene richness often affects users’ choice and experience.A sound ecosystem and rich application scenarios will make digital RMB ubiquitous and accessible, thus attracting more people to choose to use it.For digital yuan the development direction of the next step, the People’s Bank of China financial market department chief priests Zou Lan, to further deepen in the retail trade, life expends, e-government service scenarios such as pilot use digital yuan, the number of the yuan development pilot to service the real economy and the people life, allow more enterprises and individuals can feel the digital value of the yuan.