Zhang Zhijun: If the central bank's digital currency can protect privacy, it will become the first choice for many people in small payments.

According to the Economic Information Daily, Zhang Zhijun, chief information security architect of the World Bank, said in an interview that electronic payment is very common in China, but the privacy of users is currently not protected. If the central bank's digital currency can protect the privacy of users, it will become the first choice for many people in the daily application of micropayments. He also pointed out that “just like the promotion of POS cash registers in the country that year, this is a big project. If we adopt a holistic approach that allows many private institutions to participate in the construction of this ecosystem, then the country needs to The technical standards and compliance requirements, participants must meet these requirements in order to enter the market. If this work is done well, the legal digital currency is just to replace cash, the financial risk it brings should be relatively small. ”