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China’s CBDC: Offline Digital Yuan Payments via Super SIM Cards

China’s CBDC:  Offline Digital Yuan Payments via Super SIM Cards

News | July 12, 2023 The Bank of China is collaborating with China Telecom and China Unicom to integrate its digital yuan app with specialized "super SIM cards" that have near-field communication capabilities.  The Bank of China is pioneering an offline payment system for the digital yuan, China's central bank digital currency (CBDC), using specialized


The post China’s CBDC: Offline Digital Yuan Payments via Super SIM Cards first appeared on National Crowdfunding & Fintech Association of Canada.