Jinyi Culture: Certain Technologies from Kaike Weishi's Digital RMB Products Can Be Applied to the Stablecoin Sector

Odaily Planet Daily reported that on June 27, Kingee Culture stated on its interactive platform that Kaike Weishi’s digital RMB product leverages blockchain technology to design a distributed ledger for digital currency wallets. It independently supports the core processing system for operating wallets, including vault management, full lifecycle management from wallet account opening to closure, as well as wallet classification and tiering, wallet bookkeeping and distributed reconciliation. Additionally, it utilizes blockchain-based smart contract technology to enable functions such as digital certificates, digital signatures, and encrypted storage. Some of these technologies can be applied in the stablecoin sector. (Jin10)