TechFlow news, June 27 — According to Jinshi Data, A-share listed company Kingee Culture stated on its interactive platform that Kaike Weishi's digital RMB product uses blockchain technology to design a distributed ledger for digital currency wallets, independently supporting the core processing system of operational wallets, including cash box management, full lifecycle management of digital currency wallet accounts from opening to closure, wallet classification and grading, wallet accounting and distributed reconciliation, as well as applications of blockchain-based smart contract technologies such as digital certificates, digital signatures, and encrypted storage. Some of these technologies can be applied in the stablecoin field.
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