To grasp the integration of blockchain Technology
Because the digital currency, which is the first generation of blockchain technology, has a huge impact on the financial field, the research and application of blockchain technology has become an important task in today's financial field. In essence, blockchain technology still belongs to a kind of technical means and tools. Its application in the financial field and the real economy is parallel. It has its own relative independence, but it also has a certain degree of intersection. That is to say, its role in promoting the real economy is indirect
No matter finance or entity, trust is one of the basis of transaction between supply and demand. The current bank to enterprise, enterprise to enterprise and enterprise to person are all linked by money. With the further popularization and wide application of blockchain technology, enterprises and enterprises, or indivials can issue digital currency (Digital credit) by themselves in the future, and the status of banks will change from monopoly operation to equal competition operation in the market. Therefore, the wide application of blockchain technology in the financial field has an indirect impact on the real economy2. Blockchain technology is the bridge between reality (entity) and virtual world. Through blockchain technology, the real world can be reconstructed, reconstructed and redefined in the virtual world. For example, the digital currency of real paper money in the virtual world, the digital stock transaction of real stock transaction in the virtual world, the digital settlement, digital customs clearance, digital documents and bills of real import and export trade in the virtual world can greatly improve the efficiency of business process and save the transaction cost. At present, all transactions are inseparable from the bank. The bank plays a central role in the transaction. The application of blockchain technology by the bank will certainly improve the efficiency of its settlement and indirectly promote the efficiency of the real economy, but this impact will graally weaken in the future. Because the biggest feature of blockchain technology is decentralization, its distributed accounting system is a network system without center
3. The application of blockchain technology is actually to value and credit the current information flowing through the Internet. Through blockchain, the information with (use value, exchange value and cultural value) in the Internet is reorganized and reconstructed to form value Internet , which is of great significance, Whether it is to the financial instry or the real economy will bring revolutionary role in promoting
2. At present, countries all over the world generally use the strength of financial asset liquidity as the main basis for dividing monetary levels< The forms of consumer credit include deferred payment, installment payment and consumer loan
4. Under the condition of coexistence of various interest rates, the decisive interest rate is the benchmark interest rate, which is usually the rediscount rate of the central bank in western countries
5. The operating principles of commercial banks are profitability, security and liquidity
6. The balance of autonomous transactions is usually used to judge whether a country's balance of payments is balanced
7. The central bank plays the role of lender of last resort on the premise of centralizing the deposit reserve of commercial banks
8. Investment financial institutions mainly include financial companies, mutual funds and money market mutual funds< According to Keynesian money demand theory, when the income level rises, the money demand of transaction motivation and prevention motivation will increase
1. The so-called "currency in circulation" is the sum of the currency that plays the function of means of circulation and the currency that plays the function of means of payment
2. Short term bonds issued by the state, acceptance bills issued by banks and large amount negotiable certificates of deposit can be realized in various forms such as transfer, discount and mortgage at any time in the money market, which can be transformed into real means of purchase and payment. We call them quasi currency
3. M1 in narrow sense is composed of cash and current deposit, while m2 in broad sense is composed of M1 and quasi currency
4. The creditor who provides commercial credit, in order to guarantee his claim to the debt, holds a kind of written credit certificate, which is called commercial paper
5. The way of issuing securities by the issuers themselves is direct issuance< In a narrow sense, off balance sheet business can be roughly divided into guarantee business, commitment business, loan sale and asset securitization
7. There are window guidance and moral advice in the indirect credit control of monetary policy tools
8. The central bank provides capital payment to commercial banks mainly through refinancing and rediscount< There are commercial banks, savings banks and credit cooperatives
10. According to the delivery time of foreign exchange transactions, the exchange rate can be divided into spot rate and forward rate
11. Since the birth of the monetary system, it has experienced four main forms of monetary system: silver standard system, gold and silver compound system, gold standard system and paper currency system
12. Paper money, bank notes, deposit money and electronic money are all credit money< The basic characteristics of credit are repayability and interest payment
14. Normally, nominal interest rate minus inflation rate can be regarded as real interest rate
15. As a special kind of enterprise, the business object of financial institutions is monetary capital and financial instruments< In 1994, in order to meet the needs of economic development, China established three policy banks, namely, China Development Bank, Export Import Bank of China and Agricultural Development Bank of China
17. In essence, the transaction object of financial market is monetary capital, which needs the help of monetary capital
18. The securities issuing market is also known as the primary market, which complements the securities circulation market and forms a unified securities market
19. The multiple of total deposit and original deposit is usually called deposit multiplier
20. In the balance of payments, when income is greater than expenditure, we call it surplus; On the contrary, when expenditure is greater than income, we call it deficit< Up to now, the basic structure of electronic computer is based on the idea of stored program, which was first developed by Feng; It was proposed by Neumann
22. The minimum configuration of microcomputer hardware includes host, keyboard and display
23. The start-up sequence of microcomputer should follow the sequence of peripherals before host< In microcomputers, the basic unit used to store information is byte
25. Floppy disk write protection prevents data from being modified
26. If 32x32 dot matrix Chinese characters are used, the storage capacity of 3755 dot matrix Chinese characters is 469.375 KB
27. Unsigned binary integer 10101101 is equal to decimal number 173, hexadecimal number AD and octal number 255
28. Given that the ASCII code of capital letter D is 68, the ASCII code of lowercase letter D is 100
29. If the byte in the memory is numbered 0000H ~ ffffh with hexadecimal number, the memory capacity is 65536; The memory capacity of the other microcomputer is 4MB, and its address must be at least 22
30. If a 2.37 million word modern Chinese dictionary is stored on a floppy disk, it needs about 3.62 1.44 MB floppy disks
31; The computer based on Neumann principle consists of five parts: input device, output device, arithmetic unit, controller and memory< There are three types of computer system bus, they are internal bus, system bus and I / O bus
33. Computer software system is divided into system software and application software
34. Multimedia technology has four characteristics: diversity, integration, interaction and digitization
35. The bridge acts on the data link layer of the OSI / RM reference model, and the router acts on the network layer of the OSI / RM reference model
1. Currency refers to a special commodity that is fixed as a general equivalent
2. Exchange rate: the system formed by the state's regulations on the relevant elements of money, the organization and management of money circulation, etc
3. Credit transaction: also known as advance transaction or margin transaction, it is a transaction mode in which the customer only pays a certain amount of margin with his own credit and entrusts the broker to buy or sell securities after obtaining the credit of the securities broker< Keynesian liquidity preference: it refers to people's psychological tendency to hold money with no income but flexible turnover, and its essence is people's demand for money
5. Inflation: under the condition of paper currency circulation, e to the excessive money supply, the purchasing power of money with the ability to pay exceeds the supply of goods, which leads to the continuous depreciation of money and the continuous rise of general price level
6. Base currency is the sum of cash held by the public in circulation and the reserves of the banking system
7. Commercial paper is a kind of written proof of creditor's rights that the creditor who provides commercial credit holds in order to guarantee the claim of debt
8. Rediscount policy: the central bank's policy provisions for commercial banks to apply to the central bank for rediscount of their unmatured bills
9. Interbank lending: the act of mutual financing between banks or between banks and non bank financial institutions in order to meet the need of insufficient temporary capital position
10. The intermediate target of money is between the final target and the operation index, which is the policy variable that the central bank can achieve with a certain degree of spirit after the monetary policy operation and transmission
11. Balance of Payments - a systematic monetary record of a country's total foreign economic transactions in a certain period of time
12. Credit is a kind of borrowing and lending behavior, a unilateral value transfer on the condition of repayment and interest payment, and a special form of value movement
13. Monetary policy is the sum of the policies and measures adopted by the central bank to adjust variables such as money, credit and interest rate in order to achieve its macroeconomic goals
14. Gresham's law, also known as the law of bad money expelling good money, means that in the case of double standard currency system, good money whose actual value is higher than the legal value is expelled from the circulation field, and bad money whose actual value is lower than the legal value is widely circulated in the market
15. Deflation is a concept corresponding to inflation. In western economics, deflation is generally defined as the continuous decline of the overall price level over a period of time
1. Briefly describe the basic functions of money
value scale, circulation means, wealth storage and payment means
2. What is the basic multiplier of money? This paper briefly analyzes the determinants of monetary multiplier
money basic multiplier, also known as money expansion coefficient, is a coefficient used to explain the multiple relationship between the total money supply and the base money. There are five determinants of money multiplier, which are the current deposit legal reserve ratio, the fixed deposit legal reserve ratio, the fixed deposit ratio, the currency ratio and the excess reserve ratio
3. Briefly describe the main factors affecting the exchange rate
a country's economic situation, balance of payments, currency circulation, interest rate and political factors, various policy factors of the government, foreign exchange control, expectation psychology, financial speculation and so on will have an impact on the change of exchange rate< How do commercial banks create credit currency? What factors restrict its ability to create deposit money
credit creation of commercial banks refers to the creation of credit currency by commercial banks through asset business such as loan and securities investment. The premise of credit creation of commercial banks is the implementation of transfer settlement and partial reserve system. The creative ability of commercial banks depends on the size of the original deposit and the influence of the statutory reserve ratio, excess reserve ratio, cash leakage ratio, statutory reserve ratio of fixed deposit and the ratio of current deposit into fixed deposit
5. What is the foundation of modern credit activities? What are the characteristics of modern credit activities
credit is a kind of lending activity, which is the performance of the relationship between creditor's rights and debt. Modern credit activities have the following characteristics: modern credit relationship has become the most common and basic economic relationship in modern economy. Secondly, in the modern economic life, risk and income are matched with each other. Thirdly, in the modern credit activities, credit tools present the trend of diversification. Fourth, modern credit activities increasingly rely on credit intermediaries and their services to rece financing risks and improve financing efficiency
6. Briefly analyze the impact of income and market interest rate on money demand
the level of income is directly proportional to the money demand. Market interest rate is inversely proportional to money demand
7. What are the indicators to determine inflation
consumer price index, wholesale special price index, GDP deflator
8< (1) the determination of monetary materials (2) the name of currency, monetary unit and price standard (3) the standard currency, subsidiary currency and their solvency (4) the issuance guarantee system
10 It shows that Keynesian monetary policy transmission mechanism theory
m ------ r ------ I ------ e ----- y
Keynesian school advocates that the main link in the transmission process is interest rate. The change or adjustment of money supply first affects the rise and fall of interest rate, then changes the investment and total expenditure, and then affects the change of total income
11. What is the base currency? What are the main channels for the central bank to supply the base money
base currency refers to the sum of the cash circulating outside the banking system and the reserves of the banking system. There are three main channels for the central bank to supply base money: (1) to the commercial banks
more information about crusher can be obtained online by consulting experts to help solve related problems.
however, it is still in the experimental stage, but the capital has quickly followed up the layout. According to the data of the in-depth analysis report on business model innovation and investment opportunities of China's blockchain instry released by foresight Instry Research Institute, from 2012 to 2015, the amount of venture capital in the blockchain field increased by more than 200 times, from US $2 million to US $469 million, and about 205 venture capital institutions participated in the investment
with more and more capital and giants joining in, it is only a matter of time before blockchain breaks out. Generally speaking, the development of blockchain is the trend of the times. Chinese enterprises should grasp the opportunity, especially Internet financial enterprises, to grasp the upgrading opportunity.
profitable, and its cost can not be superficial. Who knows or stipulates how much a hat and a dress in QQ embroidery are worth? How much do I sell
it is not the same as a real commodity
you need to estimate its value and how much benefit it can bring to employees. No matter how to determine its cost, it is also virtual. In principle, as long as I meet my
profit goal, this is its cost! It's hard for such a huge system to analyze experts, not to mention you and me? I have a brief understanding as follows
first of all, in Tencent, q-coin virtual transaction phenomenon, a variety of payment means of goods have been derived from a single commodity consumption payment in disguise.
when it is used as the equivalent exchange virtual circulation in the way of RMB, he already has the concept of currency, as a value measure, which is
the intrinsic value measure of goods, In Tencent's website, q-coin can be used to buy virtual goods, such as a virtual QQ show clothes is better than a few q-coins, a virtual avatar is also better than a few q-coins, senior members can use q-coin to pay es, a senior QQ group needs 30 q-coins every month. Q-coin and other virtual currencies can not only purchase various network services provided by their own home, but also purchase network services provided by other enterprises on the Internet, such as Jiangmin antivirus software and other popular software on the network
with such a premise that interests cover a wide range and profits are rampant, all kinds of activities of q-coin trading become more and more interesting
on taobao.com, the seller's quotation for RMB to q is 0.5 yuan to 1q yuan, and the buyer's quotation is generally 0.45 to 0.47 yuan to 1q yuan in private. In addition, the method of purchasing q-coin has been simple
from dealers. It has developed to be able to apply for q-coin with face value of 1
, 2, 5, 10 yuan each time by dialing voice phone or mobile phone, which is equivalent to 1, 2, 5, 10 yuan dected from the telephone fee# Then how to get the source of goods at a low price, there are some new problems, such as the current market price of the serial number is 10000 numbers. If it is first-hand, the price is about 220 yuan. Then we can check the number through the serial number tools: jqq, PQQ, etc. the machine is fast and the network is good. We can check more than 10000 numbers in an hour, Can automatically find out each number
how many Q coins, game currency, level, whether there is password protection, points and so on can be at a glance
generally only sell 1-9. Some people sell 1-4, 5-9 separately. The price is about 1-4.14 yuan and 5-9.23 yuan respectively. It can be said that Q coin has the most negative nature of
but it is not difficult to find that in the case of incomplete relevant laws in China, the hidden dangers can not be ignored
the above is limited to space, and I only talk about some rough and obvious things. I hope you can study them together!