Bank of China unveils new e-CNY smart contract test program for school education

[Crypto currency] Bank of China unveils new e-CNY smart contract test program for school education According to local news outlet Sohu.com, on Tuesday, the state-owned Bank of China [announced](//www.sohu.com/a/577193156_120952561) a new program to bridge primary school education with smart contracts. In a combined partnership with local education and financial authorities, parents residing in the city of Chengdu, located in China's Sichuan province, will be able to enroll their children in after-school or extracurricular lessons using the digital yuan central bank digital currency, or e-CNY. Under the pilot test, parents start by paying a deposit to a private educational entity for…