China’s gone “Cashless”
Learn how China’s game-changing use of mobile payments changed a nation and lead to China going “cashless.” Now China is taking the next step in the evolution of currency and launching a central bank digital currency (CBDC). Rich lived in Shanghai for the past decade and saw through this incredible transformation first hand. His talks focus on real-world applications, and he brings the cashless miracle to life through fantastic stories about the use of digital payment in Shanghai.
China is launching its new CBDC, and many in the West simply don’t know how it works. Learn about the inner workings and technical specifications of China’s new CBDC from an expert in digital innovation. Rich scours the Chinese press for the latest leaks and announcements and can present a detailed yet understandable breakdown of what’s inside the CBDC. Learn how the principle of “one coin, two repositories, and three centers” (一币，两库，三中心) is behind the world’s first large scale national digital currency.
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