Chinese e-commerce giant JD.com pilots payroll using e-CNY


Source: cntechpost.com cntechpost.com

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Chinese e-commerce giant JD.com demonstrated the technology to use the country's digital currency e-CNY for payroll and payments at the 4th Digital China Construction Summit on April 25, signaling that e-CNY is one step closer to entering people's daily lives. JD.com has been using e-CNY since January to pay some of its employees in Shanghai, Shenzhen, Chengdu, Changsha, and Xi'an, according to the company. Employees can deposit their e-CNY paychecks to their personal bank cards, or use them at e-CNY offline scenes in the corresponding cities, as well as when purchasing goods from JD.com. JD.com has used e-CNY to pay...