Buy Digital Yuan – https://digitalyuan-pay.com/
China is testing its digital currency in Suzhou. Here is an early overview of the user experience
Fast reception
Video reviews show how you can pay China’s digital yuan by simply touching two devices to the Internet or without it
Also unveiled is a new feature called a push wallet that allows you to spend digital yuan in online scenarios
Jiangsu TV state media said that Suzhou will release more digital yuan packages at future Chinese festivals
ADVERTISING
Buy Digital Yuan – https://digitalyuan-pay.com/
Lottery winners of the Chinese red digital yuan packages of the Chinese city of Suzhou can now spend their free digital currency, the central bank known as DC / EP.
Video reviews of the current test by Chinese state media show that residents who have activated their DC / EP wallet can pay not only with regular QR codes, but also simply by touching their smartphones with the seller’s touch device.
Earlier, the Bloc reported on six main ways in which the Suzhou DC / EP test differs from the test conducted in Shenzhen in October.
The contact function, with or without an Internet connection, is one of the features that distinguishes DC / EP transactions from mobile payment giants such as AliPay or WeChat, where payments can only be initiated by scanning QR codes.
Buy Digital Yuan – https://digitalyuan-pay.com/
Five seconds
According to state media reports on Jiangsu on Monday, a local resident nicknamed Wu bought the goods at a physical store owned by Chinese e-commerce giant JD.com in Suzhou, Jiangsu Province, which began immediately after official DC / EP testing on December 11.
The video clip, embedded below with the timestamp 00:14, shows that after activating the DC / EP wallet and selecting the touching function, Wu touched his mobile phone with a digital yuan sensor installed in the JD store. The interface on his smartphone was instantly directed to a page where he could enter a price and make a payment.
A touching feature exists alongside QR codes, which are also supported in the Suzhou test. QR code is the only method of payment on Chinese mobile payment giants AliPay or WeChat Pay, where users can scan the seller’s received QR code or have the seller to scan their paying QR code to complete transactions.
However, the touching DC / EP function can only be checked between the lottery winner and the seller. At this stage, some residents cannot send DC / EP to each other when touching their smartphones.
Buy Digital Yuan – https://digitalyuan-pay.com/
In addition to touching devices with an Internet connection, a court in Suzhou has launched a test only for invitations for offline transactions, so that smartphones touch each other without access to the network.
The same Jiangsu news clip, at 1:00, shows that a customer checked a payment of 7.9 yuan, or about $ 1.2, by touching his smartphone back to back with the seller’s smartphone when both devices turned off cellular or Wi -Fi signal. The offline transaction process seems to take about five seconds, as shown in the video.
DC / EP wallets
Another new feature that was discovered in the Suzhou test is the total wallet feature, which allows you to spend DC / EP in online scenarios.
A review video from The Beijing News, from timecode 00:45, shows that if Suzhou users want to spend the digital yuan on the JD.com mobile app, they need to click on the top right corner of their DC / EP wallets to turn on the JD wallets. . They will then find the DC / EP payment option available in their JD.com mobile app.
Buy Digital Yuan – https://digitalyuan-pay.com/
JD.com said it received nearly 20,000 DC / EP orders in the first 24 hours after Suzhou began testing at 8 p.m. Chinese time on December 11.
In addition to JD.com, last week The Block reported that three Chinese Internet giants were also involved in the Suzhou trial: the traveling giant DiDi, the Meituan food delivery platform and the Bilibili streaming video platform.
Indeed, the Beijing News review video shows additional features of the Meituan bike sharing wallet, and DiDi is available if users have activated their DC / EP wallets at the Industrial and Commercial Bank of China.
The result of the DC / EP wallet through the review video The Beijing News
Even more
The test in Suzhou will end on December 27, and any unspent digital yuan will be collected by the government.
However, a second news clip from Jiangsu TV indicates that more DC / EPs in red packages will arrive in Suzhou in varying numbers during several upcoming festivals, including the Winter Solstice, New Year, Lunar New Year, and Lantern Festival.
Buy Digital Yuan – https://digitalyuan-pay.com/
#ETHEREUM #ETH #CRYPTOCURRENCY #BINANCE #COINBASE #KRAKEN #BITTREX #HITBTC #YOBIT #DIGITALYUAN #EYUAN #E-YUAN #VOLATILITY
