China is preparing to launch its own digital currency

The People’s Bank of China made the first confident steps towards the launch of its own digital currency.

The Chinese central bank will be able to become the first regulator in the world, which will issue its own crypto currency for the purchase of any goods: from noodles to cars.

He will be helped in this by creating a research group that specializes in blockchain and big data technologies.

The Chinese have already mastered transactions through laptops and smartphones, so the introduction of crypto currency into the life of customers will go smoothly.

Changes can be felt by sellers. They will be able to receive crypto currency directly from customers, without intermediaries.

Operational costs in this regard will decrease.

Victor Gryschak