Sichuan's First Batch of Digital RMB Smart Contract Payroll Implementation in Chengdu High-tech Zone

CycleProphet · 2026-02-12T00:51:33+00:00

The first batch of digital renminbi smart contracts in Sichuan Province was successfully implemented in Chengdu, distributing over 1 million yuan in wages to 104 construction workers. This enables instant salary payments, prevents interception, and allows full traceability, helping to address the issue of wage arrears among migrant workers.

CycleProphet

2026-02-12 00:51:33

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Deep Tide TechFlow News, February 12 — 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 fully traceable,” providing an innovative solution to the issue of migrant worker wage arrears. Local company Yizhi Technology’s “Anxin Zhu” platform offers 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.

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