Shanghai: Supporting the digital RMB system to access blockchain infrastructure
On December 7th, according to a report by Mobile Payment Network, the General Office of the Standing Committee of the Shanghai Municipal People's Congress issued a notice showing that the 17th meeting of the Standing Committee of the 16th Municipal People's Congress reviewed the "Shanghai Municipal Government to Promote the Use of Blockchain to Empower the Application of Electronic Documents (Draft) ". In order to further promote legislative democracy, the draft regulations and related instructions are now published to solicit opinions from the public for further study and modification, and then submitted to the subsequent Standing Committee meeting for deliberation.
The "Several Provisions on the Application of Electronic Documents" support the digital RMB system to access the blockchain infrastructure, and promote the use of digital RMB in application scenarios such as electronic document storage, pricing, payment, settlement, investment and financing. In addition, the "Several Provisions on the Application of Electronic Documents" also state that relevant departments will rely on the blockchain infrastructure to manage and share the use of various electronic certificates and electronic documents generated by their performance.