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DCEP: China’s National Digital Currency Overview

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Digital Currency DCEP (Digitial Currency Electronic Payment) is a national digital currency of the China built with Blockchain and Cryptographic technology. The currency is pegged 1:1 to the Chinese National Currency – the RenMinBi (RMB). The overall objective of the currency is to increase the circulation of the RMB and international reach – with eventual hopes that the RMB will the a global currency like the US Dollar. DCEP is the only legal digital currency in China (cryptocurrency such as Bitcoin are not legal tender in China).

Read more at https://boxmining.com/dcep/