Electricity- and Network-free Digital Yuan Payments Taking off in China – Report

Electricity-free digital yuan payment adoption is reportedly on the rise in China – where smartphone users can spend their coins without a network connection. Earlier this year, the central People’s Bank of China (PBoC)’s updated the official digital yuan app. The update allows users to use smartphone hardware to access their token holdings when their handsets are offline.... Read More: Electricity- and Network-free Digital Yuan Payments Taking off in China – Report