Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan

[sirty143]

Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan

Hong Kong-based AI startup SenseTime partnered with PBoC’s digital currency research unit to continue the development... See more for yourself here.

Your opinion is greatly appreciated.

[Noverteno]

Judging by the text of this article, the Chinese government has really thrown all efforts to create its own digital currency and introduce blockchain technology. In the context of the coronavirus pandemic, the introduction of the digital renminbi is a very urgent issue, since it is possible to avoid contracts of infected people with paper money. However, the use of the digital renminbi will bring China great advantages in trade, and if it appears next month, we will see it soon.

[pulpy]

As I know that digital Yuan will be distributed between government workers next month
What about companies, Alibaba could be the first company which get it

[bigcash2011]

Alibaba is the largest business, ecommerce and technology group from China, i am sure Chinese group will work with them to come up with a smooth working coin in all aspects.