China to digitize the RMB on blockchain ?

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https://medium.com/@andrewkeys_88339/ethereum-growing-exponentially-in-china-31f1d24c8ee9

Quote from this article The Royal Chinese Mint is experimenting with the ERC 20 token standard and Ethereum smart contracts to digitize the RMB. . Interesting.

To be noted that this is experimented on a private version of ethereum. It will be sad when people will realise their ripple investment will go down the drain because of a private version of ethereum implemented between the banks. There is no reason anyone can give for ripple to be used as a centralized ledger for their transactions, beside experimenting reasons.