SHANGHAI/SINGAPORE (Reuters) - Chinese digital currency-related stocks jumped on Monday in a weak broader market, amid the latest measures that China is taking to promote the use of its own central bank digital currency (CBDC), the digital yuan. | 02:22am
Chinese digital currency-related stocks jumped on Monday in a weak broader market, amid the latest measures that China is taking to promote the use of its own central bank digital currency (CBDC), the digital yuan.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
IDEX Biometrics & Chutian Dragon to Jointly Develop Advanced Digital Currency Solutions
IDEX BIOMETRICS ASAMay 5, 2021 GMT
Oslo, Norway – 5 May 2021 - IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, and Chutian Dragon Co. Ltd. (CTD) today announced an expansion of their ongoing collaboration to include the development of a Digital Currency/Electronic Payment (DC/EP) card based solution supporting the People’s Bank of China initiative. The new, smart card based digital wallet will be secured by IDEX’s TrustedBio™ fingerprint authentication technologies.
05 May 2021 17:56 GMT
IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, and Chutian Dragon Co. Ltd. (CTD) today announced an expansion of their ongoing collaboration to include the development of a Digital Currency/Electronic Payment (DC/EP) card based solution supporting the People’s Bank of China initiative. The new, smart card based digital wallet will be secured by IDEX’s TrustedBio fingerprint authentication technologies.
IDEX is a well-established biometric technologies provider, with competitive advantages in biometric performance, system security architecture and convenience, within the rapidly expanding field of secure payment cards. Chutian Dragon, one of Asia’s largest smart card manufacturers, is a leading participant in the Digital Currency/Electronic Payment National Project initiative and, as China accelerates the deployment of Central Bank Digital Currency (CBDC) infrastructure, well-positioned to be