The concept of smart contracts was first proposed by Nick Szabo in 1995. According to his definition, a smart contract is a set of promises defined in digital form, including agreements on which contract participants can execute those promises. Smart contracts mobile number list are written into computer-readable codes. Once the trigger conditions are met, they are automatically executed by the computer. Preconditions such as time and credit can be loaded, and they can be applied to various scenarios such as tax payment, anti-terrorism, and financing.
According to recent public data, starting from 2021, the Central Bank Digital Currency Research Institute has applied for 8 patents with mobile number list the word "smart contract" in the title, and the technologies covered are mostly the underlying technical solutions of smart contracts, including the registration method and execution method of smart contracts. , most "smart contract" applications are implemented based on the blockchain.
Why can digital renminbi be loaded with smart contracts? It is because the digital renminbi has the characteristics of "account, quasi-account and value". By loading smart contracts, automatic directional payment can be made according to the mobile number list conditions and rules agreed by both parties, which can realize transaction customization; at the same time, it can use the programmability of smart contract technology. , to promote digital renminbi transactions under the premise of security and compliance, it can improve the expansion ability, deeply integrate with application scenarios, carry out scenario-based marketing and business model innovation, and enable customized payments.