RMB Leather Digital Wallet does not have to "wrap"!

In the "China Digital Yuan R & D R&D Development Report" released by the Central Bank this year (hereinafter "White Paper"), the hard yuan digital wallet is presented as follows:.

The digital yuan can be divided into soft wallet and leather wallet according to the communication company. The wallet provides users with services such as mobile payment applications, software development tools (SDKs) and APIs (application programming interfaces) and the wallet it uses digital. renminbi based on the use of technologies such as security chip. Functions related to smart card, mobile devices, mobile devices, Internet of Things, etc. to provide customer service, you can take it. It meets the needs of different groups.

The definition of a smart wallet is RMB digital payment based on a secure chip, and in fact, a smart wallet is also the key to achieving “double offline” payment. The free form doesn't reveal much about yuan digital wallets and offline double payments, but does mean that we are working with mobile companies to research and provide information on new phones online, including two operators. offline. A leather case charging pattern cut out of a cell phone based on smart card detection can reach the "digital divide".

The pilots slowed down and the wallet craze wore off.

In January this year, the Post released a digital "card" trying to "see the card" based on the Yuan digital wallet of catering staff at Tongren Hospital affiliated with Jiaotong University Faculty of Medicine. from Shanghai. First time. As a result, the prelude to the digital renminbi card-type “money wallet” pilot project began.

On February 5, ICBC Digital Renminbi Visual Card was unveiled at Binshui gas station in Hunan Heshun Petroleum, leading to the release of its second Bank Digital Renminbi Visual Card.

On February 8, the Yuan digital hardware wallet as "copper currency" developed by the Agricultural Bank of China Hebei Xiong'an branch was unveiled in Xiong'an.

Thaum Lub Ob Hlis 14, hauv "Digital Wangfujing Ice and Snow Shopping Festival" Beijing digital renminbi pilot law, China Post Bank launched a digital renminbi visual card and fingerprint card hardware wallet with treasures of health superimposed, after the visual map of Shanghai.

Likewise, the Financial Institution of China released a vision card with a question about health in Beijing, and with the help of the Winter Olympic site, the Bank of China also partnered with China Unicom to develop more leather gloves such as ski gloves. , Winter Olympics badges, smartwatches, etc.

ICBC also reported on a number of hardware wallets as part of digital renminbi pilot activities in Beijing, including video cards, watch straps, spare batteries, crutches for the elderly, time signals , alerts to the elderly, etc.

As the pilot developed, a huge wave of "hard wallets" in the board and equipment spread, recognizing the importance of more business participants and leading to a new increasing digital renminbi market.

However, in the first half of this year, interest gradually waned. In the first half of the year, the popularity of the RMB digital wallet gradually waned, especially in the case of card-type wallets. And you control it.

The question and evolution of leather bags

Growth in the renminbi hard wallet appears to have reached the bottle. On the other hand, workers cannot find situations which can be more serious, when the central bank does not impose strict restrictions on the conduct of leather bags, which results in no employee satisfaction.

Moreover, unlike the public trial of wallets, leather wallets are still in the internal testing phase due to various issues, and the design of leather wallets is also restricted because users cannot really use and have knowledge of the hard wallet in yuan.

The problem with leather bags now stems from two factors.

One is the technical problem.Currently, the storage space and chip counting power of the renminbi digital wallet is limited, and the integration of the two offline advantages not only affects the number of offline transactions, but also quickly affects the industry. In certain special circumstances, factors such as effort, communication, and material affect the speed of the business.

For example, in the field of public transport such as the metro, the current door speed should be less than 300ms, and industry practitioners said on the mobile payment network that the wallet optimization speed digital RMB current can reach up to 700. -800ms. It had a major impact on the measurement and use of leather bags in automotive situations.

The second is the problem of structure.According to the mobile payment network, the special features of the renminbi hard wallet are currently being changed and still need to be incorporated to improve throughout the setup process.

In general, most of the participants in Yuan Leather Wallets are now also PBOC certified, mainly card, chip and U-Key sellers. From the point of view of mobile payment, the improvement of the renminbi rigid wallet should be enhanced by the side-by-side market chain cooperation, and require more partners to join the emergency services and the use of the other.

Leather bags should not “wrap”.

Now, when we think of the difficult renminbi digital wallet, many people think of "card", a card with different functions and a card with a special image, but from the mobile phone point of view, the renminbi digital wallet should not. not be available. "Walk".

After the reappearance of the renminbi digital wallet in the form of "cards", some card sellers and chip holders have been successful and are optimistic about it. In the "2020 Digital Yuan Development Research Report" released by the mobile payment network, to determine the impact and prospects of digital yuan business, he said that the digital yuan will make upgrades. software updates and software and hardware changes. Objects, cards, supplies, etc. will return to the old way of history.

Back to the stars, video card, fingerprint card, bluetooth card, special card, or device are all released by payment. An insider told mobile phone payments that most of the renminbi rigid wallets are now still former PBOC leaders, and their views remain, not like losing a bank "card", and that is. necessary. . changed.

This is clearly not a success and creativity, especially for cardholders, has decided to sell only a few "cards" in addition to future digital renminbi applications. Therefore, for the cardholders, there is a need to extend the various solution processes from complex support to business services, such as RMB IoT module and digital solutions, playgrounds for schools, etc.

In fact, renminbi digital wallets should not be a new prospect for some companies, they are only part of the renminbi digital wallet ecosystem. The card is only a form of digital renminbi and may exist on its own, but must be available in combination with renminbi scenarios and solutions. As we mentioned in the white paper, the combination of soft and hard leather forms the ecosystem of the wallet and supports different groups. of people.