China National Blockchain Platform (BSN) will complete the digital yuan integration with 30 public blockchains in 2021. This is reported in the project blog.
BSN is developing a Universal Digital Payments Network (UDPN) that can support the digital currencies of central banks in different countries.
Data: BSN blog on Medium.
Developers will provide a standardized method for transferring digital currency. As a result, UDPN will be available via API for various systems, including banking and mobile applications.
Earlier, the Chinese blockchain platform added support for Polkadot, Oasis and Bityuan.
Blockchain in Chinese: how China creates a centralized platform for the development of DLT technologies
As a reminder, China tested the digital yuan at Shenzhen ATMs and launched a lab to create CBDC-enabled applications.
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