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China digital currency: central bank seeks to assure consumers of data, privacy protection

Summary:
[unable to retrieve full-text content]China’s central bank is trying to build trust in the data protection measures built into the nation’s sovereign digital currency, something analysts say is crucial for widespread adoption among its citizens.Mobile users in China are worried about having to share too much personal information when downloading digital wallets, while the private sector has relatively low trust in privacy protection for anonymous payments, even if they are controlled by the central bank, research has found.Mu…

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[unable to retrieve full-text content]
China’s central bank is trying to build trust in the data protection measures built into the nation’s sovereign digital currency, something analysts say is crucial for widespread adoption among its citizens.Mobile users in China are worried about having to share too much personal information when downloading digital wallets, while the private sector has relatively low trust in privacy protection for anonymous payments, even if they are controlled by the central bank, research has found.Mu…

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