featured image

China Launches Smart-Contract Functionality on Digital Yuan Through E-Commerce App Meituan

The digital yuan (eCNY), the central bank’s digital currency, has undergone updates that give it smart contract capabilities and some recently disclosed use scenarios. As per a January 17 statement by regional bitcoin media site 8btc, the Meituan app, a Chinese app that offers retail and food delivery services, has started using smart contracts. A…