Core Insights - The "Guangxin Pre" prepaid fund supervision platform was launched on October 11, with strategic agreements signed with six industry regulatory departments in Guangzhou [1][4] - The platform currently has 209 merchants registered, covering various aspects of daily consumer spending [1] Group 1: Platform Features - The platform allows consumers to purchase prepaid products such as annual cards and multiple-use cards through real-name authentication [1] - It utilizes the digital RMB management template from the People's Bank of China, implementing smart contract technology for real-time clearing of prepaid funds [4] Group 2: Collaboration and Ecosystem - "Guangxin Pre" aims to create a collaborative governance ecosystem involving government, banks, enterprises, and citizens [4] - The platform has established communication mechanisms with various industry regulatory departments and has partnered with over ten financial institutions, including Agricultural Bank of China and China Construction Bank [4] Group 3: Application Areas - The platform is expanding its application in key sectors such as childcare, vocational training, elderly care, retail dining, cultural tourism, gas stations, and sports fitness [4]

Core Insights - The article highlights the increasing concerns of consumers regarding prepaid services, particularly in fitness and beauty sectors, where businesses have been known to abscond with funds after consumers make payments [1] - A new regulatory platform, "Guangxin Prepaid," has been launched to shift from reactive measures to proactive regulation, ensuring consumer funds are secured through a comprehensive oversight mechanism [1] Group 1 - The "Guangxin Prepaid" platform aims to create a full-chain regulatory loop by integrating merchant registration, contract signing, fund custody, and risk warning systems, thereby enhancing consumer protection [1] - Consumers can use the "Guangxin Prepaid" WeChat mini-program to purchase prepaid products, with funds displayed in a "regulated fund" account for transparency [1] Group 2 - The "Yuan Guanjia" product ensures that prepaid funds are secured in a digital RMB wallet with smart contracts, which automatically manage fund transfers based on predefined conditions [2] - In cases of merchant bankruptcy or service cessation, the smart contract guarantees the safe return of prepaid funds to consumers, and refund requests can be initiated directly by consumers under agreed conditions [2]