📰 Table Of Contents
The Inauguration of e-CNY Research Institute
The e-CNY Research Institute has been established to support the progress of China’s central bank digital currency (CBDC). The institute was unveiled at the “2024 Second e-CNY Industry Sustainable Development Seminar” in Suzhou, where industry experts gathered to celebrate this milestone.
Key Highlights of the Inauguration
- The Seminar was co-hosted by the Suzhou City Digital Finance Industry Federation and MPayPass.
- The e-CNY Research Institute is envisioned as a think tank comprising experts dedicated to rational pragmatism and conservative innovation.
- Operating with a “joint expert construction” model, the institute aims to leverage market dynamics to promote the sustainable growth of the digital yuan industry.
Composition of the Institute
Experts from diverse backgrounds have been brought together to drive the institute’s objectives. The inaugural group includes representatives from:
- Industrial and Commercial Bank of China (ICBC)
- MYbank
- Suzhou Bank
- Tencent
- Huawei
- JD Technology
- Zhejiang University
- Nanjing Audit University
This diverse mix of participants, spanning banks, payment and tech companies, academia, and media, will focus on industrial research, project development, standard setting, and talent cultivation to enhance industry collaboration.
Future Plans and Initiatives
The Institute has scheduled a kickoff meeting on April 19 to outline its strategic direction and methodological approach. This gathering will concentrate on establishing concrete goals and outlining the institute’s forthcoming initiatives.
Looking ahead, the institute aims to expand its professional network, improve project implementation and standardization, and drive the development of the digital yuan. Through activities such as case sharing, recognizing excellence, project evaluations, and hosting offline events, the institute seeks to propel the advancement of the digital yuan.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
