Odaily News Jin1 Culture stated on June 27 on the interactive platform that the Kaike Weishi digital RMB product utilizes Blockchain technology to design a Distributed Ledger for digital currency wallets, independently supporting the operational core processing system of wallets, including cash management, lifecycle management from opening to closing digital currency wallets, as well as wallet classification and grading, wallet accounting and distributed reconciliation, and the application of Digital Certificate, Digital Signature, encryption storage, and other functions based on smart contracts. Some technologies can be applied in the stablecoin field. (Jin10)