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Didi partners with China’s central bank on digital currency research and development

by CBDC Insider Staff
July 9, 2020
in Asia, Business
Reading Time: 1min read
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Didi partners with China’s central bank on digital currency research and development
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Chinese ride-hailing giant Didi Chuxing (Didi) said it has entered into a strategic partnership with the People’s Bank of China to speed up the research and development of the central bank’s planned digital currency – known as Digital Currency Electronic Payment (DCEP) – via its on-demand transport platform.
“Didi’s DCEP task force will design and implement pilot DCEP projects in accordance with rigorous safety, security and governance standards,” Didi said in a statement on Wednesday.

Continue read: https://www.scmp.com/tech/apps-social/article/3092379/didi-partners-chinas-central-bank-digital-currency-research-and

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