Test Interface for PBoC Central Bank Digital Currency
The blockchain is going to a high level soon as china is getting more interests in the blockchain network they are laughing some more interesting projects soon in upcoming months,
The move hints at the acceleration of the development and deployment work of rolling out the DE/CP. CoinDesk exclusively reported last year that the People's Bank of China had been developing the system with the involvement of the country's four big state-owned banks as well as payments giants Ant Financial and Tencent.
The Agricultural bank has owned one of the largest stake in the country ,they are going to test the trail based interface to check the global interaction of the chain which will be totally digitalized .this development will make it easy for people to make any kind of dealing in very easy way.
The app will be available on the android and the IOS it will really make it easy for making transaction to send money from one person to another, money transfer will be just at one click.
The difference here is that you need proper registration and only white listed users will be able to get access to use the service so far this is not very easy for everyone to use it on the trail based.
This quick interaction of people to the china bank digital currency will bring more opportunities for the block chain advancement and people will show some more interests in the network which is very positive news for the long term holders.
As Chinese investment is getting more interest, because the china is looking to launch a new blockchain platform which will bring a positive moment to the transformation of the global economy in a digital way.
Right now there are many other services like the online stored and shopping site they are going to launch there service on the blockchain as well which is very helpful for the eco-system on the network . i want it will go to very positive side .