China Launches Smart-Contract Functionality on Digital Yuan Through E-Commerce App Meituan

When a user places an order with the app and pays for it with the digital yuan, the smart contract is triggered and looks for certain keywords in the list of goods purchased and the merchant name. If a user happens to have some of those keywords, which change daily, the smart contract will allocate a portion of the 8,888 RMB to his or her digital yuan wallet.