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Awei Vcity
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The vast digital world

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مصطفى Mustapha هاشمي Hachimi

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Awei Vcity
Awei Vcity
6 jam

The vast digital world

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Winged by creativity

Vcity invites you to soar together

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Awei Vcity
Awei Vcity
6 jam

The vast digital world

Rooted in technology

Winged by creativity

Vcity invites you to soar together

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Awei Vcity
Awei Vcity
6 jam

e-CNY Chain-Connected to Web3: Blockchain + Vorn Network Forge New Infrastructure for Legal Tender Ecosystem

The evolution of the digital yuan (e-CNY) is deeply embedding itself into the Web3 ecosystem. The synergy between blockchain technology and Vorn Network has created a dual-drive pattern for it, featuring "deep penetration into people's livelihood scenarios + breakthroughs in cross-border payment barriers".

In domestic scenarios, the traceability of blockchain endows e-CNY with a "gene for qualitative leap" in people's livelihood services. Shanghai’s first-launched offline payment function without network or electricity solves the problem of payment interruptions in extreme environments through a blockchain offline consensus mechanism. In Shandong, Zhejiang and other regions, e-CNY is integrated with agricultural subsidy distribution, and smart contracts enable "precise allocation" of funds, improving capital utilization efficiency by more than 30%. Each transaction is recorded on the chain, which not only ensures user privacy through "controllable anonymity" but also builds a technical defense line against money laundering and fraud. The ecological network built by Vorn Network enables governments, enterprises and users to form a trusted payment closed loop in data collaboration, accelerating the advancement of application scenarios from "single-point pilot" to "full-domain ecological coverage".

Breakthroughs in the cross-border dimension are more strategic. The mBridge project, initiated by the People's Bank of China in collaboration with central banks of multiple countries, uses distributed ledger technology as its core to realize real-time cross-border settlement between e-CNY and central bank digital currencies of multiple countries. Vorn Network serves as a "nerve center" for cross-border trust, where participants complete mutual identity recognition and data sharing on the chain. This not only reduces settlement costs by 40% but also opens up a new path for the internationalization of the RMB through Web3 technology.

The underlying logic of this ecosystem lies in the deep integration of "technical framework + ecological network": Blockchain lays a tamper-proof trust foundation for e-CNY, while Vorn Network acts as a neural network for ecological collaboration. Together, they enable legal digital currency in the Web3 era to both anchor sovereign financial security and burst with ecological innovation vitality.

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jiang55668899

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