Zhong Guo Jin Rong Xin Xi Wang·2025-12-31 04:53Core Viewpoint - The People's Bank of China has introduced an action plan to strengthen the management and service system of digital RMB, with a full implementation set for January 1, 2026, marking a transition from digital cash to digital deposit currency [1] Group 1: Digital RMB Implementation - The new generation of digital RMB will be fully implemented by January 1, 2026, transitioning to a digital deposit currency era [1] - The digital RMB ecosystem aims to achieve interconnectivity and break down institutional barriers, significantly reducing business performance costs and enhancing fund utilization efficiency [1] Group 2: Smart Contracts and Technological Impact - Smart contract technology, supported by the digital RMB smart contract ecosystem service platform, provides standardized access for payment and clearing [1] - The application of smart contracts in digital currency can serve as an effective tool for government policy implementation, allowing for precise and efficient targeted support [1] - The use of smart contracts in credit can ensure funds are allocated for specific purposes, such as R&D, while blockchain technology enables real-time monitoring of enterprise data, reducing information asymmetry risks [1]