/crypto
Vantozik
·
2 years ago
You can pay with digital yuan even with a dead phone
A new update of the Chinese digital yuan app allows you to pay for purchases even if the phone is dead or the network is lost.
NFC is used for this, and the function has many settings, including security settings. You can limit the number of payment sessions when the phone is turned off, as well as remotely disable the payment function if the smartphone falls into the hands of third parties (for example, when stolen).
Also, now the turnover of the digital yuan will be taken into account in the statistics of the total turnover of the country's currency.
The fastest development of the digital national currency and the infrastructure for its use, as well as the widespread development of 5G, allows China to stay at the forefront of technological and economic progress. However, do not forget about the love of the Chinese authorities to monitor their citizens (AI cameras and surveillance on the Internet, as well as isolation and total censorship). A step towards the transition to digital nat. currency can give even more opportunities for total control over the circulation of funds within the country.
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