{"id":4001,"date":"2020-07-15T16:48:09","date_gmt":"2020-07-15T16:48:09","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=4001"},"modified":"2020-07-18T07:25:09","modified_gmt":"2020-07-18T07:25:09","slug":"china-all-set-to-test-digital-yuan-in-food-delivery-business","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/china-all-set-to-test-digital-yuan-in-food-delivery-business\/","title":{"rendered":"China All set to Test Digital Yuan in Food Delivery Business"},"content":{"rendered":"
China takes one step further towards digital currency<\/a>, as the country\u2019s central bank plans to test it in the food delivery business. Meituan Dianping, a popular food delivery company with 435 million users, is added to the program. This massive number of users makes it a perfect test case for the adoption of digital Yuan.\u00a0<\/span><\/em><\/p>\n If the program is successful, then more programs will be initiated. According to unnamed sources, Meituan Dianping has numerous talks with the People’s Bank of China regarding this matter. The program is named the Digital Currency Electronic Payment (DCEP), and it is initiated to educate people about digital currency (digital Yuan). It gained traction during the pandemic situation.\u00a0<\/span><\/p>\n