Chinese firms and commercial banks are working on new digital yuan supply chain financing solutions, with a new CBDC smart contract solution set to launch. Per CICC (via Cnfol), the latest innovation has been developed by JD Technology, in conjunction with the Industrial and Commercial Bank of China (ICBC). JD Technology is the IT services arm of the e-commerce giant JD.com (also known as Jindong), China’s answer to Amazon.... Read More: China’s JD, ICBC to Launch Digital Yuan Supply Chain Financing Solution
