For the first time in the country, Shenzhen has applied digital RMB in the field of prepaid operation.

Thank you, Mr. Air, CTOnews.com netizens, for the delivery of clues about the past in the West window! On June 27, CTOnews.com, Shenzhen Market Regulatory Bureau and Shenzhen Central Branch of the people's Bank of China held a pilot promotion ceremony for the application of digital RMB in prepaid business, which is the first time in the country.

CTOnews.com obtained from the "Shenzhen release" official account that the introduction of digital RMB in prepaid management is actually the use of digital RMB smart contracts for prepaid fund management. Through consumers, operators and digital RMB operators, load intelligent contracts for prepaid funds, and adopt the way that consumers and operators agree and withdraw prepaid funds in accordance with the agreement to achieve the smooth completion of the transaction. The advantages are as follows:

If the terms of the contract are written into the smart contract, merchants are not allowed to transfer funds paid in advance by consumers at will.

Before the actual consumption, the prepaid funds are still frozen, effectively protecting the safety of consumer funds.

At present, the registered users of CCB's living platform have reached 100 million, and 66000 citizens have experienced the CCB prepaid platform.

It is understood that the general form of prepaid operation is prepaid cards, where operators engage in business activities by collecting prepaid from consumers and provide goods or services in stages through an agreed period of time. Prepaid contract belongs to consumption contract, continuous contract, and the rights and obligations of both sides of the transaction are not equal.