The central bank has launched the digital yuan smart contract prepayment fund management product "Yuan Manager."
Chain Catcher news, the Digital Currency Research Institute of the People's Bank of China released the digital renminbi smart contract prepayment fund management product "Yuan Manager" at the 2022 Second China (Beijing) Digital Finance Forum. It is reported that "Yuan Manager" deploys smart contracts on the digital renminbi wallet, providing solutions to prevent merchants from misappropriating funds and to protect user rights in prepayment consumption service scenarios. (Cailian Press)