Caixin: Digital Yuan Smart Contract Development Supports Solidity Language

Odaily According to technical personnel familiar with the Digital Yuan, the smart contracts of the Digital Yuan, based on its account system, support development in multiple programming languages, including fully Turing-complete languages like Solidity. The essence of Digital Yuan smart contracts and public chain smart contracts is the same: they are both automatically executed codes triggered by conditions. The difference lies in whether they possess full Turing completeness. Currently, the Digital Yuan's account-based smart contracts are of a restricted Turing-complete type, with programming strictly confined to template scripts approved by the central bank. At the technical level, supporting languages like Solidity is not a problem; the core challenge lies in designing a standard access and auditing mechanism acceptable to the financial system. (Caixin)