Articles with tag like: Shenzhen

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China's virtual Yuan DCEP System to be released in Hong Kong

News | Online & Mobile Banking | 14 Aug 2020

China’s virtual yuan (CBDC), also referred to as digital currency electronic payment (DCEP) has been announced for testing in Hong Kong’s Greater Bay Area in August 2020.

China, Hong Kong, virtual yuan, DCEP System, CBDC, Greater Bay Area, digital currency, digital currency electronic payment, Guangzhou, Shenzhen, Macau, financial centre, financial infrastructure, Guangdong, South China, international adoption, virtual banking system

China develops a program to keep large transactions in check

News | Digital Identity, Security & Online Fraud | 08 Jul 2020

China has imposed a program to keep large transactions in check amid concerns over the state of its financial in the wake of the COVID-19 outbreak.

China, transactions , banks, coronavirus, COVID-19, People’s Bank of China, Hebei, Zhejiang, Shenzhen, lenders

Shenzhen rolls out blockchain-based invoicing system for subway rides

News | E-invoicing, SCF & E-procurement | 21 Mar 2019

Shenzhen Municipal Taxation Bureau in partnership with Tencent has developed a blockchain-based invoicing system for the subway transportation system.

Shenzhen Municipal Taxation Bureau, Shenzhen, Tencent, product launch, e-invoicing system, blockchain, cloud, Transportation System, SUBWAY, electronic invoice