Moments to remember in digital currency

1. As early as 2014, the people's Bank of China has set up a special research group to study the central bank's digital currency. Until today, the central bank's digital currency has a real sense of landing. China may become the first economy to issue sovereign digital currency, and 2020 is expected to be the first year of global central bank digital currency

the DCEP issued by the central bank is a digital currency, which is very similar to Alipay and WeChat payment. But it is different from Alipay and WeChat, because it is more like paper money, and the third party can not get the information from both sides of the transaction. It is anonymous and centralization, and the endorsement of the state can be assured.

what is the use of central bank digital currency

from the perspective of the central bank, if the central bank wants to put in funds, it doesn't need these scientific and technological means to trigger conditions, and it could have done it

for users, they have one more option when paying. Users only need to download the central bank's digital currency wallet app, and then associate with their existing bank accounts to exchange the previous banknotes into the corresponding digital currency

for the current mobile payment, users are still accustomed to using Alipay and WeChat to pay. But how to say? Personally, Alipay was originally a professional payment software, but after all these years of development, the Alipay interface is extremely complex, and the user experience is not very friendly.
as for wechat payment, wechat started from social networking at first, and has evolved from professional social software to comprehensive software in recent years. To put it plainly, whether it is Alipay or WeChat, it seems that it has deviated from its original intention. This may bring opportunities to the central bank's digital currency

when will central bank digital currency become popular

according to the bank, considering that the early digital RMB is only limited to the pilot, it will not be issued in large quantities and promoted comprehensively in the short term, and the speed of currency circulation will also maintain a normal level

many people say that digital money has no effect on Alipay. I beg to differ. As Ma Yun said, sometimes it's just a document that beats you. What is the impact of the central bank's digital currency on Alipay? Let's wait and see.

2. After the people's Bank of China announced the launch of digital currency as soon as possible in January 2017, the governor of the people's Bank of China, in an exclusive interview with Caixin weekly, elaborated on digital currency in detail, saying that there was no established timetable. The relationship between digital currency and cash will be parallel and graally replaced for quite a long time.

3.

In the official letter of Xiangcheng District of Suzhou, enterprises, institutions and management committees of Xiangcheng District are required to sign a digital currency agreement with the wage paying bank, install digital wallets for all staff (except retirees), and pay 50% of the monthly salary in the form of digital currency

this is the first practical application of the central bank's digital currency since the R & D news, which is a historical moment worth remembering

let's review the development of DCEP:

in 2014, the central bank set up a special research group on legal digital currency

in 2016, it set up a digital currency Research Institute on the basis of the original group

in June 2018, it set up Shenzhen Financial Technology Co., Ltd.

in August 2019, the central government issued a document to carry out digital currency research and mobile payment pilot in Shenzhen

on October 29, 2019, At the "2019 Bund financial summit", Huang Qifan, vice president of China Center for international economic exchange, said: "the digital currency DCEP launched by the Central Bank of China is a new crypto electronic currency system based on blockchain technology." This is the debut of DCEP

On April 3, 2020, in the "national teleconference on money, gold, silver and security work", the central bank said that it would "unswervingly promote the research and development of legal digital currency"

On April 10, Zhou Xuedong, director of the general office of the people's Bank of China, pointed out at the "first quarter financial statistics press conference" that "with regard to digital currency, the people's Bank of China is advancing in an orderly manner according to the original plan."

on April 14, the central bank's digital currency DCEP took the lead in the internal test of ABC

on April 16, Xiangcheng District of Suzhou realized the implementation of the first application scenario of central bank's digital currency DCEP, using "digital wallet" as the payment channel and issuing it in the form of transportation subsidies

judging from various actions, the central bank's plan for digital currency is well prepared and in an orderly and continuous progress

why DCEP

from the national level, it is well known that the macroeconomic regulation and control means of sovereign countries are mainly through monetary policy and fiscal policy, just like the current global lack of liquidity e to the epidemic, China's economy is stimulated by interest rate rection and government spending, but the funds are transmitted layer by layer, and there are few funds really used for the target range

if we use the central bank's digital currency system, we can analyze and track a large number of transactions, and use the most direct and efficient means to put funds where they need, so as to release liquidity and benefit the people

from the international level,

the use of blockchain technology can realize the review of national credit and increase the credit of the country's monetary system. With the increase of GNP, credit must also increase, and the process of RMB internationalization will be more rapid

this is very simple to understand. Blockchain technology makes it impossible for asset certificates to be forged and makes credit verifiable, which is naturally concive to RMB internationalization

Last year, the World Bank Group and the International Monetary Fund (IMF) issued a report that up to now, nearly 70% of the central banks are studying the digital currency of the central bank, which also shows that the digital wave is the general trend. At present, the central bank's digital currency DCEP is likely to be used on a large scale ahead of other countries in the world, and the era of digital currency is coming

the era of digital economy is getting closer and closer

today's era is a digital era. With the comprehensive rise of technological innovation and digital economy, science and technology has changed from the initial role of a tool to the backbone of financial reform. The continuous collision and integration of digital five complete genes (whole airspace, whole process, whole scene, full analysis, and full value) and financial instry not only changes the settlement and settlement methods and sovereign currency issuance mechanism among indivials, enterprises, and countries, but also greatly improves the operation efficiency of instrial chain, and brings the development of the whole economic society and human progress

if blockchain technology will "genetically transform" all walks of life, then digital currency will "genetically transform" the financial instry. Looking forward to the future, the in-depth integration and transformation of traditional instries by blockchain, artificial intelligence, cloud computing, Internet of things and other technologies will lead us into a new era of digital economy

in short, the era of digital economy is getting closer and closer to us

the implementation of the central bank's digital currency is bound to bring disruptive changes to the existing financial market and breed huge wealth opportunities. The future has come, the wind has come, keep up with the pace of the instry, accurately grasp the future trend, and quickly seize the blue ocean of wealth business

4. Any time period represents the same thing. There is no difference. The more subtle the time amplitude is, the greater the amplitude will be. With the increase of the number of transactions, the price will infinitely approach the real price curve of the market, so the larger the time is, the shorter the price curve will be.

5. Bithub is a virtual currency trading platform in South Korea and the world. It has a high degree of trust. On August 19, the daily trading volume exceeded 15 billion yuan, and by the end of November, the total trading volume reached 360 billion yuan. It attracts the eyes of the world's virtual currency investors with its growing daily trading volume. In addition to quantum chain, bitcoin also has eleven virtual currencies, including bitcoin, bitcoin gold, lightcoin, Monroe and zcash. At present, I mainly trade bitcoin, bitcoin cash and quantum chain here. The recent market of these virtual currencies in bithub is really good! The market price of bitcoin broke through 80000 RMB at the end of November. I really have this wave

6. Enterprise cloud service is to provide cloud service for enterprises. The business model of cloud service is to provide a wealth of personalized procts by breeding a large number of start-ups to meet the growing personalized demand in the market. Its breeding mode is to provide a whole set of services for start-ups, such as financing, promotion, payment, logistics and customer service, and let the external use of its operation capacity as water and electricity. To understand cloud services, we must first understand the basic principles of cloud computing. Cloud Computing: by distributing computing on a large number of distributed computers instead of local computers or remote servers, the operation of enterprise data center will be more similar to that of Internet. This enables enterprises to switch resources to the applications they need, and access computers and storage systems according to their needs. This type of service is to mobilize all kinds of resources in the network to serve users For example, Yimai cloud launched a permanent activity for enterprises to purchase cloud servers at 0 yuan. Unity is strength
this kind of service will be the mainstream in the future. Cloud services allow users to store and read data through the Internet. Through the proliferation of a large number of start-ups, they provide a wealth of personalized procts to meet the growing demand for personalized services in the market. Its breeding mode is to provide a whole set of services for start-ups, such as financing, promotion, payment, logistics and customer service, and let the external use of its operation capacity as water and electricity. This is the business model of cloud services.

7. It is wrong to say that China's digital currency comes from the people, because it comes from the present. Science.

8. Eulo modifies the underlying network transmission protocol, one is to make the information transmission confirmation of ordinary network faster, the other is to make the transmission of cross-border network break through some restrictions and solve the problem of cross-border payment in complex network environment. In this way, the transaction cycle can be greatly reced, and the whole transaction process is simpler and faster.

9. It's nothing. I haven't heard of it. In general, you can play with junk air money. You can play with at most one tenth of the money. You know that. Anyway, don't be too bad. If you lose money, just throw it into the sea. I'm not optimistic about junk money

10. Bitcoin was the first. You can go to oyuan.com