News&Knowledge

KNOWLEDGE-ABOUT DCEP:05 DECP system: issuance, circulation and security

26,2021

    Issuance: the central bank is responsible for the issuance, verification and monitoring of digital currency.After applying for digital currency from the central bank, commercial banks directly face the society and are responsible for providing digital currency circulation service and application ecosystem construction service.

    Circulation: The circulation link mainly includes the renewal demand of POS, ATM and other device manufacturers, as well as the newly added digital wallet construction.

    Security: The security technology of central bank digital currency includes basic security, data security and transaction security technology. All of these require us, the enterprises in the security industry, to guarantee the technology and products.

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