ChainCatcher news: The first batch of digital yuan smart contract payrolls in Sichuan Province was successfully implemented in Chengdu High-tech Zone, distributing over 1 million yuan in wages to 104 construction workers. This technology achieves “instant salary transfer, tamper-proof, and full traceability,” providing an innovative solution to the issue of migrant worker wage arrears.
Local company Yizhi Technology’s “Anxin Zhu” platform provides technical support for this initiative, effectively solving wage payment problems through the integration of “business flow + capital flow.” Chengdu High-tech Zone has established a smart supervision system covering 176 construction projects and 164,600 workers, with total wages paid exceeding 2.817 billion yuan and a payroll issuance rate of 98.62%. Sichuan Province will continue to promote the “Artificial Intelligence+” initiative and expand the application of digital yuan in scenarios such as migrant worker wage payments.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum’s Evolution Not Linear, but Rather Fundamental — Market Expert Takes Deep Dive
From 2020 to 2022, Ethereum experienced a boom in mining activity, driven by demand in DeFi and NFTs. However, a significant upgrade shifted the network to proof-of-stake, enhancing efficiency but reducing decentralization. Despite a current drop in ETH price, institutional interest is growing, supported by ETF options trading changes.
ZyCrypto9m ago
Fannie Mae accepts cryptocurrency for real estate down payments, allowing holders to purchase homes without liquidating their assets.
Fannie Mae in the United States will accept cryptocurrency as a down payment for home loans without requiring it to be converted into cash, operating through a dual-loan structure. Homebuyers can collateralize Bitcoin or USDC and retain their crypto assets, but the borrowing costs are higher than traditional methods. As long as payments are made on time, cryptocurrency price fluctuations will not trigger liquidation, providing a new pathway for home purchases. This plan responds to the demand from young homebuyers for digital assets and may accelerate market development.
MarketWhisper34m ago
Ukraine's raid disrupts the oil market, Trump's plan is thwarted, and Bitcoin faces the risk of falling below $65,000.
Geopolitical conflicts are reshaping global financial markets, with the situations in Iran and Ukraine leading to rising energy prices, affecting the Federal Reserve's interest rate hike expectations and Bitcoin's value. Analysis indicates that rising energy costs will drive inflation, and the market is focused on Bitcoin's support levels.
GateNews1h ago
Bitunix Analyst: War Delay and Liquidity Contraction Resonance, BTC Stuck in 65K–72K Liquidation Zone
Global market performance looks stable on the surface, but internal imbalances remain. Geopolitical risks still exist. Countries are withdrawing liquidity and stabilizing their domestic currencies through different measures; the inflation logic has shifted somewhat, and a strengthening U.S. dollar reflects liquidity being withdrawn. In the crypto market, BTC is consolidating within a range-bound, choppy zone, with price volatility kept in check. In the short term, it’s necessary to watch for changes in the macro environment to find a trend breakout.
BlockBeatNews1h ago
Spot silver has broken through $70/oz, rising 2.78% on the day.
Gate News reports that on March 27, the spot silver price broke through the $70/ounce mark, with an intraday increase of 2.78%.
GateNews1h ago
Cathie Wood's ARK taps Kalshi data to help make investment calls
Tech-focused asset manager ARK Invest said it will start using Kalshi’s prediction market data to improve how it makes its investment decisions, one of the latest cases demonstrating the broader value of prediction market data beyond trading.
According to a statement from Kalshi, ARK will use predi
Cointelegraph1h ago
