Suggestions on cross border payment of digital currency
If you want to participate in the transaction of digital currency, you must understand the digital currency ecosystem
It can be said that digital currency exchange is the most important part of the whole instry. Digital currency exchange provides investors and traders with the capital channel to buy and sell digital currency. At the same time, the trading activities of the exchange determine the price of many digital assetsaccording to coinmarketcap, the capital flow of digital currency exchanges is huge, with the average daily trading volume of the top five exchanges exceeding US $3 billion
there are hundreds of digital currency exchanges around the world, some of which operate globally in mainstream markets, while some focus on niche markets
for example, AAX is committed to providing services for digital currency traders and institutional investors, integrating the digital currency world with the global economy, and providing unparalleled first-class technical capabilities using the matchmaking engine supported by lseg technology
many substitutes have successfully occupied a certain market share shortly after their launch. What digital currency exchanges have in common is that they together provide the development soil for these alternative currencies
digital currency is no longer limited to bitcoin. Other digital currency assets, such as eth, XRP, BCH, usdt, LTC, EOS, xtz, etc., have a place in the portfolio and diversification strategies of many digital currency dealers
At present, there are many similarities between digital currency trading and foreign exchange trading, because the basic principles, tools, indicators and strategies used in foreign exchange are also applicable to digital currency trading. AAX College's digital currency trading section discusses these topics in depth and extensivelyblockchain protocol
blockchain is the underlying technology that makes digital currency possible. There are many kinds of blockchain protocols, and the technical characteristics, advantages and disadvantages of each protocol are slightly different
for example, bitcoin blockchain relies on mining and pow (proof of work) mechanism to process transactions, while another blockchain may use dpos (proof of entrustment) mechanism instead of mining. In addition to bitcoin blockchain, other noteworthy protocols include eth, hyperledger, EOS, XLM, Iost, kin, TRX and stem. Among these blockchain agreements, ETH (Ethereum) is commendable in promoting the rapid innovation of the entire digital currency ecosystem
Ethereum platform was created by vitalik buterin, which indicates that developers can make better use of the resources of the platform by using their own programming language solidity. Ethereum has made blockchain technology all the rage, creating a new world of innovative decentralized applications on the basis of smart contracts and custom tokens. At present, most of the substitutes are based on Ethereum's erc20 standard
the district centered financial movement, or defi for short, is also basically based on the Ethereum blockchain agreement
financial services
for every service in traditional finance, Ethereum based defi applications have corresponding alternative versions for everyone to access. The defi app allows users to create stable currencies, lend money and earn interest, send and receive payments, get loans, trade, take positions in the forecast market, enter the real estate sector, and so on. Smart contracts are the key to making decentralized services possible. Once certain conditions are met, the smart contract will automatically perform the pre agreed activities
at the same time, traditional finance also began to provide new customized services for the field of digital currency. At present, some fund managers provide investors with the option of adding digital currency into their portfolios, the trustee provides security services for investors who invest a lot of money in digital currency, and many analysts in mainstream media (such as Bloomberg) also have a strong interest in digital currency
digital currency hardware
for those who like to build their own security measures, the huge digital currency hardware market can provide professional traders and long-term holders with the tools they need. Trezor and ledger are the most famous hardware wallets. They essentially provide the same value for digital currency traders, that is, a more secure way to store digital currency
of course, digital currencies stored in hardware wallets cannot be traded in the market. Therefore, digital currency traders usually allocate funds between the hardware wallet and the exchange according to a certain ratio according to their own trading style preference
There are so many activities ofdata aggregators and blockchain analysis
cross blockchain, which proces a large amount of data, and also spawns the emergence of sub instries, namely data aggregators and blockchain analysis instries. Companies such as coinmarketcap are the preferred source for quick inspection of digital currency and exchange data. They collect statistics on trading volume, liquidity, market value, price trend, circulation and the whole instry, such as the total amount of money, the number of markets, the market value of the instry and the proportion of BTC market value
people who are more interested in blockchain analysis can find the required data in websites like blocktivity. Here, you can view the relevant data of each indivial blockchain agreement, including the number of operations in the last 24 hours, the average number of operations in the last 7 days, the market value and Cui index, that is, the remaining available capacity after the actual usage of the current blockchain agreement. All in all, these websites can provide valuable insights for the blockchain instry
for example, the average number of operations of Ethereum in the past seven days was 667000, with Cui slightly higher than 50%, while the average number of operations of EOS in the same time range was 63 million, with Cui slightly lower than 50%. Technically, the performance of EOS protocol is more powerful than that of Ethereum. However, this can not prevent Ethereum from occupying 70% of the total market value of the most mainstream currencies
digital currency media and conferences
in today's world, almost everyone is the publisher of content. Without we media instry, such a large-scale instry will no longer exist. Digital currency has given birth to a wide range of media patterns, covering news media, KOL and related conferences for currency, public chain and code
digital currency head media include coindesk, cointegration, bitcoin magazine, decrypt, CCN, bitcoinist, newsbtc, etc. Some KOLs are also well-known, sometimes even more popular than the news media
YouTube celebrities, such as datadash, dollar villante, altcoin buzz, Ivan on tech and boxmining, have subscribers from 200K to 300K. In the field of digital currency trading, the top stars of cryptotwitter include venture coinist, cryptocred and cryptodon alt, with 211k, 140k and 120K fans respectively
if you want to have face-to-face communication with companies and people, digital currency and blockchain meetings should not be missed. Every year, there are many conferences around the world for investors, blockchain experts, start-ups, institutional financing, currency or agreement related communities. In 2019 alone, we sponsored and participated in blockchain live in London, the capital summit hosted by coinmarketcap in Singapore and the world mobile conference in Shanghai. We have had exciting meetings with other digital currency companies and major financial institutions, and established contacts with regulators from different jurisdictions
digital currency supervision
with the continuous growth of the market and audience of digital currency instry, in most cases, financial regulators are still developing relevant frameworks to protect investors and consumers. Regulators may take a very different approach, which is a challenge for companies operating across multiple jurisdictions
ring the ICO boom in 2017 and 2018, many projects were launched before the regulatory framework was established, while some projects did not meet the criteria of the jurisdiction and were suspended ring the fund-raising process. All this comes from how to classify digital assets, and the understanding of classification is constantly changing. At present, we divide digital assets into security token and practical token
in the past year, with the proposal of Libra, the promotion of supervision is also increasing. The central bank is also actively exploring the significance of blockchain technology to its policies and economic activities, and constantly publishing reports
the rapid development of digital money ecosystem
these components of digital money ecosystem are growing and developing in an orderly way, contributing to the increasingly sound instry. From the minority interest in 2009 to the active digital asset economy, digital currency has come a long way
However, in order to achieve the development and wide participation of the instry, a strong ecosystem is not enough. We need a better link between digital money and global finance. The better the combination of digital currency and traditional finance, the easier it will be for newcomers to understand the digital currency ecosystemfor every novice, as exchanges, financial services, media and regulators graally adapt to the expectations of mainstream consumers, the digital currency instry will further develop, which may improve investment outcomes
With the rapid development of cross-border settlement of digital RMB, digital currency will become more and more convenient in the future
With the development of science and technology, network technology has been applied to many fields. The payment methods of WeChat and Alipay are more and more convenient and convenient. In terms of cross-border settlement, the speed has also achieved rapid progress and development. I believe that in the future development, our RMB payment will appear more technology, bring more convenience to people's lives. In some places, face brushing payment has been realized when paying. When paying, there is no need to enter the password and verification, and the payment is directly made by face, which can be faster when consumers pay the bill{ RRRRR}the development of science and technology has driven the development of many fields. I believe that with the development of science and technology, our digital RMB will make greater breakthroughs and progress in application, and bring more convenience to people's lives
note Registered capital: RMB 1 million
Business Registration No.: 500107000501333
enterprise type: limited liability company
Company Address: No. 30-5, building 1, No. 99, Kuangji village, Jiulongpo District, Chongqing
the data of nailing enterprise dictionary comes from enterprise credit reference institutions, including enterprise risk data, company official website, company profile, more company recruitment information, please refer to the company official website, more company telephone addresses, and more enterprise e-mails can be inquired in the nailing enterprise dictionary
&; Company profile:
Peihou oil press house in Xinghualing District, Taiyuan city was established on January 13, 1997, with a registered capital of 30 million yuan. The legal representative is Zhang Peihou. The address of the company is mining machinery farm (zhongjianhe Village), Xinghualing District, Taiyuan city. The unified social credit code and tax number are. The instry is other food wholesale, The registration authority is Xinghualing branch of Taiyuan Administration for Instry and commerce, and its business scope is: the instrial and commercial registration number of Peihou oil pressing house in Xinghualing District of Taiyuan city is 14010731110hw
我这是自我介绍的
My name is __名字___.I`m a 性别 I am graate from __国家___ seniorhigh school and major in _班级___. There are ___家人数量___ people in my family. My father works in a computer company. And my mother is a housewife. I am the youngest one in my family.
it solves the settlement and settlement problems of cross-border trade in the largest scope, so it is bound to become a trend
but it is not the same as the legal tender of each country,
because the settlement and settlement of any kind of virtual currency must be based on various legal tender
so it is impossible to worry that any virtual currency will dominate the global currency and replace the central bank<
the legal tender of various countries has only changed its existing mode, from a string of numbers and passwords, and then virtual currency can solve the problem of low efficiency circulation to high efficiency circulation
then why do so many people speculate in virtual currency
first of all, virtual currency is a limited issue. When a certain virtual currency becomes more and more mobile, the demand will be greater and greater. It is bound to cause many people to scramble and naturally bring opportunities for speculation. Therefore, a new opportunity, virtual currency, will emerge
it is also mentioned above that only circulation can be valuable and make people have a steady stream of income, so the key lies in circulation
let's take a look at the barter point of MBI
The rise of the Internet has not only changed people's lives, but also greatly changed our way of payment, which greatly facilitates our lives. This time, Zhou Xiaochuan, vice chairman of the Boao Forum for Asia and former president of the people's Bank of China, was at the Boao Forum for Asia & lt; Digital payment and digital currency; On the sub forum, the topic of digital currency was mentioned, which also showed the country's attitude towards digital currency
What are the difficulties in cross-border payment of digital currency
e to the exchange rate difference between the currencies of various countries, especially the massive issuance of US dollar by the United States, many countries have lost a lot. However, if digital currency is used for cross-border payment, there will be no such problem. However, the original intention of digital currency is not cross-border payment, but to facilitate China's retail instry. Many people see that digital currency is so convenient in China, so it can be applied to cross-border payment. However, cross-border payment is not so simple, because exchange rate and currency stability need to be considered, and even some countries have certain control over foreign exchange. Therefore, the road of cross-border payment of digital currency is still very long, and these problems can not be solved at present, So the difficulty is great
UnionPay Internet cross-border payment business fully integrates the resources of China UnionPay, domestic card issuing banks and overseas mainstream bank card acquiring service institutions. It has the remarkable characteristics of global coverage of merchant resources, safe and convenient transaction payment, unified and standardized business process, and is deeply trusted by the majority of UnionPay card holders. Through the cooperation with PayPal, Sumitomo Mitsui, Bank of East Asia and other overseas mainstream acquiring institutions, the coverage of overseas online merchants accepting UnionPay cards will be wider and wider, and the number will be more and more
if you are in the Internet instry, it is much more convenient and fast for all cross-border payments to be transferred online. For example, domestic company a is a sea going e-commerce company (or game, media, etc.), which has set up its own e-commerce platform in Brazil for Brazilian C-end or b-end users. At this time, if Brazilian customers want to pay to company a online, they will be involved in cross-border payment. Generally speaking, company a needs to connect with a third-party payment platform. This payment platform needs to have a payment license in Brazil, which can help company a complete the collection and transfer back to China
generally, we know paypal as a cross-border payment platform. Paypal and credit cards are common in Europe and America. Southeast Asia and Latin America are relatively complex. It is difficult to complete payment and settlement in a short period of time in these places e to the ink mark of PayPal settlement and the policy problems of various countries. Credit card payment accounts for about 70% of all payment markets in these regions, but only 20% of them have international credit cards. Therefore, the most important way of payment is to support local currency transactions in these regions. Choosing payment channels to support local currency credit card transactions is an important link in opening up Southeast Asian and Latin American markets
take Brazil as an example. The issuing organizations of Brazilian local currency credit cards are divided into international credit card organizations such as visa and MasterCard, as well as local credit card organizations such as ELO and Hypercard. At present, from the perspective of the whole market, only pagsmile, a cross-border payment platform of wanwei cloud, supports all types of Brazilian local currency credit cards, And the credit cards issued by the major banks in Brazil
so the solution to cross border payment is mainly to choose cross-border payment platform suitable for the company. Europe and the United States are docking PayPal, Southeast Asia and Latin America are docking pagsmile, and Alipay in Central Asia should also undertake business in this area.