Digital Renminbi Central Bank System Provides Eight Core Services

The central bank's digital renminbi system offers eight core services, including diversified cross-institutional payment settlement, unified liquidity management, issuance management, an intelligent contract ecosystem service framework, digital renminbi digital assets, unified wallet management, unified data, and intelligent risk control. It features five characteristics: intelligent, highly interoperable, low cost, high efficiency, and rapid iteration. The intelligent contract ecosystem service framework of digital renminbi includes five service concepts: standardization, mandatory execution, openness and inclusiveness, rule-driven, and security and reliability. Through security protection and verification traceability mechanisms, it ensures the safe operation of the system, data, and funds, making the contract execution process and results trustworthy and verifiable.