China’s digital currency – explained!

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►►► From this video ◄◄◄

China launched its digital currency, the DCEP (Digital Currency Electonic Payment). In this video we explore why and how the country decided to go digital. What is the Digital Yuan? How does the Digital Currency work? Is DCEP a cryptocurrency? Is the digital Yuan blockchain based?

The Story Behind – Episode 72

Alex’ video on Venezuela and Runescape: https://watchnebula.com/videos/lowspecgamer-digital-goldminers

Bahamas – Sand Dollar: https://www.sanddollar.bs/
Cambodia – Bakong: https://asia.nikkei.com/Spotlight/Cryptocurrencies/Cambodia-debuts-digital-currency-as-emerging-countries-lead-charge

News since the video:
https://news.bitcoin.com/china-launches-digital-yuan-hard-wallet-card-pilot-program/

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►►► Attributions ◄◄◄

Music by :
Epidemic Sound: http://epidemicsound.com/creator
And Edemski: https://soundcloud.com/edemski

Footage from:
Associated Press: www.aparchive.com/

Research help:
Yatharth Shah: https://twitter.com/IYatharthShah

#DCEP #DigitalYuan #China