As China prepares to debut digital currency, JD.com Inc., one of the biggest eCommerce businesses in China, has partnered with the central bank to advance the technology.
CoinTelegraph.com reported the retailer has entered into a partnership with the Digital Currency Research Institute of the People’s Bank of China (PBoC).
The news outlet’s story was based, it said, on a local media report Monday (Sept. 21) that JD Digital Technology and the PBoC will develop mobile apps and blockchain platforms in line with the coming digital currency.
These apps are expected to support the digital renminbi, the official currency of China, and will be integrated with JD Group’s platforms.
Continue read: https://www.pymnts.com/news/international/2020/jd-com-joins-chinas-central-bank-to-advance-digital-currency/