Digital RMB 2021: Access to WeChat and Alipay in over 30 banks

Beijing-based 21st Century Business Herald reporter Bian Wanli reports that the digital renminbi has been around for over a year, with new developments occurring frequently in 2021, especially at the push of a button. . For example, in April 2021 the digital renminbi market will be launched for the first time, while in July a free research and development document will be released for the first time, and in September the security chip of the renminbi will be released for the first time. manufacturer will appear in service. . Fair trade, more than 30 banks will join the digital yuan. sprint phase. . . . .

Looking back to 2021, by experience experts, significant progress has been made in the research, development and promotion of digital renminbi, and in the hope of 2022, the application of digital renminbi (version pilot) launches and launches a multi-scenario pilot, digital renminbi concept Stock What surprise will the digital renminbi bring in the future?

Sales continued to grow and the Winter Olympics got faster.

Currently, central bank digital currency can be divided into two types according to consumers and applications, one is central bank wholesale digital currency, which is generally offered to businesses such as commercial enterprises and generally used for high payments. ; The other is the central bank's digital currency store. , given to the public and used for modern industry. The digital benefits reported by our national intermediary bank (e.g. digital renminbi) have ended and will follow the modernization of home payments to meet current public demand and improve future operations. Retail payment system and reduce the cost of retail payment for the whole community.

On November 9, Li Kang, Managing Director of China's Financial Institutions, announced a video speech commemorating the 30th anniversary of the establishment of the Institute for Emerging Economy of China. The Central Bank of Finland said: “Currently, more than 110 countries have reported improving the level of improvement in financial inclusion and improving the efficiency of the payment system. "

Based on this, researching the state of the markets has become an important direction in the process of driving the renminbi. As of October 8, 2021, there were over 3.5 million digital RMB pilot scenarios. Mu Changchun, director of the People's Republic of China Financial Research Institute, said that as of October 22, 2021, 140 million digital yuan of personal wallet and 10 million wallets have been opened and the number of businesses reached 150 million. . The value is close to 62 billion yuan. About 1.55 million merchants support RMB digital wallets that cover a wide range of areas, including public works, catering, transportation, procurement, and government enterprises.

As for the offline situation, many shops, hospitals, schools, subways in Beijing and tourists in the driving area (like Yuanmingyuan) are aware of digital RMB payment. In the online situation, the digital RMB usually generates payments in the form of small wallets. Judging by the recently released RMB (Pilot Version) digital app, there are 56 sub-portfolios covering shopping, travel, life, touring and more.

Special: Regarding shopping, a total of 18 companies, including JD.com, Meituan (export, bicycle, food), Duodian, Suning.com APP, Su Zhoudao, Shenzhen Services, Tool China Telecom WingPay, China Movie Link, Xiaomi Mall , etc . the. Support Digital RMB, About Life, Ele.me, Tmall Supermarket, Hema, SF Express, Baixin Bank, Tiantian Orchard, TeCall (support new energy vehicle payment), OPPO Wallet, State Grid (electronic payment ), Sinopec (payment). Tourism, Ctrip Travel, Tuniu, Suzhou Zhudao, Spring Airlines, First Passenger First Enjoy; Others Bayhang Airlines, Party Cost Pushing One, Best School, Bilibili, Tencent Video, Data Wallet, etc.

On January 7, 2022, JD.com learned of the entry of third-party investors into the digital yuan, becoming the first home-based business shipper to promote the use of the third-party self-employed digital yuan. Retail Sales Retail sales are paid in digital RMB. In November 2021, the Treasury Department of Dongsheng District in Beijing set up a delivery office for the Tianyu Road rental office and completed the city's first export project by sending digital yuan. Below, Shenzhou Records and its distributors Shenzhou Fangyuan provided support, and ICBC Gymnasium Road sub-branch joined the operation.

Sun Jin-yi, director of the registration committee of the Dongsheng District National Tax Service, said, “People ask for rental taxis directly on the road.” The digital RMB is the payment. Taxes are always available and can make it easier for taxpayers. Solve problems. "

Moreover, on the occasion of the opening of the Winter Olympics, the sale of the yuan gains in popularity. The reporter found that the Spring Olympics venue was completed in the Beijing Olympics area in November 2021, and established environmental recognition. line. ; 5 stadiums have been installed at the Zhangjiakou site, 100% payment status has been achieved, 100% payment status has been signed for 14 undeveloped parks, and 100% of merchants have been connected to 30 vacancies. Or more situations in construction. It is understood that consumers at home and abroad can choose a digital yuan wallet in the form of a mobile application or a hard digital yuan mobile phone according to their characteristics, mold and preferences.

Over 30 banks, Alipay and WeChat Pay are available

As the founder of the bank's operations, the digital renminbi adopts mid-range and two-step operations. The digital renminbi is located in the state, the People's Bank of China is in the middle of the digital renminbi operating system, and as an operating institution is responsible for supplying the renminbi to businesses and managing full of life. Agencies and business entities are responsible for providing the public with digital renminbi in exchange for yuan and travel services.

When the massive renminbi exploration in the driving area began, the facilities mainly included China Industrial and Commercial Corporation, Agricultural Bank of China, Bank of China, Construction.Repair of China Financial Institutions, Institutions finance and financial institutions. Communication. With the development of aviation, the application scenarios of the digital renminbi gradually expanded, and other banks began to explore ways to access the digital renminbi system.

The "China Digital Yuan Development Report" released by the Central Bank indicated that it is necessary to play a key role in other businesses and non-businesses to ensure that the difference between the digital yuan. Payment institutions. Establishments jointly provide Yuan electricity services, including payment of new product development, construction, expansion, market promotion, market, operation and maintenance, to ensure safety and Yuan electrical system efficiency.

Digital RMB App Order (Pilot Version) went live on January 4, venture capital firms MYbank (Alipay) and WeBank (WeChat Payments) all operate in addition to state bank. Organization. . Among them, MYbank (Alipay) will be "laid off" in May 2021, and Alipay APP will add a digital RMB module. WeBank (paid WeChat) was "crawled" with the launch of the RMB digital app (pilot version). When the user opens the wallet with the real name, the item "Digital RMB" is simultaneously added to the WeChat payment interface. RMB (Alipay) and WeBank (WeChat payments) digital wallet online merchants are generally available for payments, returns, and other transactions.

At the same time, digitally luramubi wallet is not limited to 6 lines, but without limits for 6 lines, but it detailed for 35 banks. In addition to include the pets of animals, food and rural goods in the digital RMM trade changes. Some companies have tried to make customers to save customer producer to build a lot of bank accounts for a large bank account. Second, create more riches of digital calls to apply for a large crowd. You can join the office, especially a farmer, and depends on the County (Rural Throw (Rural Third, We Use Justice and the definition of digital RMB advertisement to provide higher banks than to digital RMB's time.

Localization of security chips, the industry chain hailed the development trend

Double offline payment is one of the main features of digital RMB and is also the main difference between other electronic payment methods. The so-called "double offline payment" means that the transaction can be carried out in the absence of a network for the payer and the payee. This means that even in special environments such as basements, parking lots, mountainous areas, airplanes and even disaster areas, the digital yuan can still meet the payment needs of users.

It is necessary to use both offline payments while maintaining the security of the account, which is inseparable from the security chip. At present, the manufacturers of digital yuan are mainly Ziguang Tongxin, Huada Electronics, Hengbao Co., Ltd. It is understandable to include, etc. Ziguang Tongxin said, “The offline double payment industry relies on wallet hardware, and payment equipment requires built-in OS security chips that achieve a certain level of encryption.

On November 30, Ziguang Guowei (002049.SZ) said on the interactive website that the company's smart devices 100% owned by Ziguang Tongxin have been widely used in payment, and the security chip is used as a reliable digital renminbi. hardware wallet. Tsinghua Unigroup has set up a digital yuan payment center and is actively working with organizations to promote the implementation of the digital yuan in various driving cities.

In terms of security protection, Ziguang Tongxin has passed CC EAL6 international security certificate, which can ensure the security of the whole process of sensitive information exchange and transfer, and the period can be up to 25 years, which can be extended. . To provide you with long-term supplies and services. At the same time, the solution supports international and domestic encryption algorithms, and adopts advanced technologies such as memory-encrypted storage, bus-encrypted storage, electronic environment monitoring, the use of setting electronic point and accidental shots. The connectivity meets the high standards and stringent requirements of RMB digital hardware wallets for business, security and reliability.

Huada Electronics renminbi chip can use internal processor cores to realize chain independent control. Safety has reached the highest level at home and abroad, and has achieved the highest level of international safety, SOGIS CC EAL 6 certification, and has achieved internal industry certification 2, EAL4 and d 'other national certifications to ensure operation and safety. Digital RMB wallet.

Minsheng Securities noted that the digital yuan will provide opportunities for manufacturers in the field of advertising and communications, and that the computer industry, customers and hardware companies should benefit. . On January 6, the General Administration of the Council of State announced the “Preliminary Plan for Any Priority Business Transformation” (hereinafter referred to as the “Plan”), which was requested to support the experimental application. of the digital renminbi. In business sales, the life of payments, government assistance and other matters. The next day, the digital yuan market share increased, and Xiongdi Technology, Huaming Intelligent (SZ300462) and Cuiwei (SZ603123) were established daily. Minsheng Securities said the digital renminbi resonated with the market exchange, and once established, the digital renminbi increased demand and the ability to think about the market.