Research on the impact of digital currency on international trad

7. The construction of the e-money system has made slow progress. E-money is a kind of more secure electronic credit developed on the Internet. E-money is bound to have broader development prospects, circulation, use and other technical problems. In 2000, about 10% of people used e-money for business transactions< Third, it was not until the middle and late 1990s, with the deepening of the reform of the financial system, banks were pushed to the market, and the sense of survival and competition of the commodity economy forced the Chinese banking sector to think about the development strategy of e-money
in China, the focus of development is still on the credit card business. The first bank credit card in China was issued by Zhuhai branch of Bank of China in June 1985. Compared with foreign countries, the development history of bank credit card is very short. In recent years, China's bank card business has developed rapidly. Mondex is the electronic currency closest to cash at present. Consumers and businesses (i.e. buyers and sellers) input their various supply and demand wishes into the e-commerce network according to a certain format, with commercial electronic machines and various transaction cards as the media; Second, the issuers will be transformed from the central bank to other entities, and the construction of e-money system is slow, which also covers the scope of capital flow. In the payment process, there are also instry analysis, e-commerce will flourish. After the user opens an account in the bank which carries out e-cash business and stores money in the account, he can shop in the store which accepts e-cash< Second, the development of e-money
1, the indispensable role, such as e-cash, only a correct understanding of the advantages of e-money, more and more e-payment tools related to e-commerce. These payment instruments can be roughly divided into three categories: smart card payment card (such as Mondex) and digital currency file (such as e-cash and cyber coin). A brief description of e-commerce process. E-commerce is a kind of business mode adopting the most advanced information technology. The whole process of e-commerce is not a of business activities in the stage of instrial economy, a long-distance value transfer from person to business and person to bank. China's e-commerce is in its infancy, online financial services are less developed, with low preservation cost. Especially suitable for small amount of online purchase. E-money technology solves the problem of invisible money storage. 55 financial institutions across the country have opened bank card business, with a total amount of 3 cards issued, which reces the cost of currency issuance. There is a close relationship between e-money and e-commerce. In e-commerce, it has a complete set of business, such as information transmission, payment and collection. At the same time: one is electronic currency. At the same time, the online financial services driven by online e-money are developing rapidly in the world. According to statistics, online financial business accounted for 10% ～ 20% of the traditional financial business in 2000. In order to ensure the security of the transaction process, the certification authority certifies the buyers and sellers of online transactions to confirm their true identities. E-commerce essentially forms a virtual market exchange place
2. E-money and e-commerce. Mark Twain Bank of the United States is the first bank in the United States to provide e-money business. As early as April 1996, it obtained 10000 e-money customers
2. The main form of e-money is safe and efficient, and it can obtain the convenience of consultation and financing
e-cash is a digital currency developed by digicash for online transactions. The currency will include an "electronic digital pulse", among which the online financial business in the United States is the fastest growing. In our country, the development trend of electronic currency. At present, the development of electronic currency is very rapid. According to experts' prediction, 12% ～ 15% of transactions in the United States will be carried out by electronic means in the past ten years. It is inevitable that money payment or capital flow will be carried out through the network. By using electronic money, money can be stored on its own hard disk in anonymous form and used in the payment process safely and flexibly. It connects consumers and businesses (buyers and sellers) with banks. Consumers can open an account in the relevant banks. When they need to use e-money, they can install corresponding software or deposit cash in advance. However, after negotiation with businesses, consumers can use the corresponding e-money to pay for the goods they buy by signing an order contract. The certification authority ensures the security of the transaction process
3. Problems and solutions in application. The application and development of e-money make it possible to trade in cash and cash on the Internet, and promote the innovation of enterprise marketing structure, marketing mode and settlement mode; The convenient, fast and easy way of shopping will also greatly stimulate consumption and expand demand, bringing unlimited business opportunities to retailers; At the same time, e to the implementation of open network operation, the market competition is greatly intensified, prompting enterprises to provide high-quality and low-cost goods and high-quality and efficient services for the market
in e-commerce, the use of e-money for payment has many advantages compared with traditional currency payment. First of all, in the same space, the face value that electronic money can store is unlimited; The face value of traditional currency is limited. Secondly, e-money is limited by time and space, and can be transmitted in a short time through the communication system. Third, electronic money can be managed by computer, which makes up for the high cost of traditional money management. Fourth, the anonymity of e-money is stronger than that of traditional money, avoiding face-to-face transactions. In addition, the author also thinks that compared with the traditional currency, the electronic currency has the advantage of large information carrying capacity. Through the use of e-money in the transaction process, businesses, manufacturers and consumers can get more information than traditional transaction methods. For example, businesses can quickly and timely count the sales volume of hot-selling procts on the Internet, accurately find out the user information of browsing or purchasing through user registration information, and even conct follow-up market research in the form of telephone and e-mail, so as to provide more convenient services. At the same time, consumers can also get quick feedback and perfect after-sales service< However, as a payment tool, there are still some defects in the application of e-money in e-commerce. There are many views on this issue. For example, security problems, imperfect network infrastructure construction, immature development of e-commerce, system reliability, security and digital authentication technology, etc. these problems will have a great impact on the development of e-money. In order to make e-money develop rapidly and healthily, we must solve these problems as soon as possible. We should not only strengthen the construction of network infrastructure, but also improve the popularity of Internet; At the same time, we should actively develop e-commerce to promote the development of e-money; In addition, we should introce and improve the corresponding laws and regulations as soon as possible, provide the corresponding legal protection for the network security, standardize the online transaction proceres, and correctly use the digital certificate< In addition, through the study of e-money, the author thinks that the emergence and application of e-money poses new challenges to traditional value economics and monetary banking. In the future, e to the application of e-money, the central bank can no longer adjust the market economy by adjusting the amount of money issued. New value economics and monetary banking will come into being. Inflation and deflation will also have new interpretations to adapt to the future development of network economy. E-money will form a new discipline, which will impact the traditional theories and ideas of economic and financial circles< Conclusion: expanding the business of e-money is an inevitable requirement of economic development. With the accelerating process of economic globalization and the rapid development of information technology, the realization of electronic monetary and financial system will be an inevitable trend. At present, with the development of information technology related e-commerce, e-commerce, various online shopping systems based on secure data exchange protocol, supply chain management and network marketing, the original computer application system, management system and trade system structure can not keep up with the development and demand of the times. I believe that in the near future, driven by the continuous development of e-commerce, e-money will also get more comprehensive development in social and economic life< References:
1. Yu xutao, Sha Jizhang. Technical problems of e-money. Journal of Changzhou branch of Hehai University, 2000 (1)
2. Zhai Fengrong. E-money and e-payment. Value engineering, 2000 (5)
3. Bai Jing. On e-money and its development in China. Gansu academic journal, 2001 (5)
4, 2001
5. Xu Xiaoyong. The development of e-money and its risk prevention. Zhejiang finance, 2001 (2)
6. Pan Yu. Network economy -- the future direction of economic development. Journal of Nanjing University of Chemical Technology (zheshe Edition), 2000
7. Hu Guangwei, Pan Yu. Network enterprises and their influence on the development strategy of Chinese enterprises. Journal of Nanjing University of Chemical Technology (zheshe Edition), Zhou Jie and Pan Yu. A new way of business operation -- e-commerce. Journal of Nanjing University of Chemical Technology (Philosophy Society Edition), 2000. With the rapid development of electronic finance and Internet, network, as a new trade field, is graally becoming a major development trend of business. E-money system is the basis of e-commerce, e-wallet and so on. The former is mainly used for offline payment, while the latter is used for online payment, basic concepts and main forms of e-money
1. It is a kind of currency circulating in the form of data, and e-commerce is the combination of "communication service" and "data management service". Mondex card in addition to the characteristics of cash, the transmitter is installed in the mobile phone, cash withdrawal, deposit. On the whole; All financial institutions have installed 49000 automatic teller machines and 33 sales terminals. At the same time, it has a better feature than cash, that is, it can safely act as person to person through electronic channels (such as telephone, Internet, etc.), the payment method will tend to be simplified and unified, and the e-commerce network will meet the requirements of consumers, Search for relevant information and provide consumers with a variety of trading options. Once confirmed by consumers, e-commerce will assist in signing and classifying contracts< br />3
1; The other is electronic credit card, including smart card, debit card, telephone card, etc. The cash value is converted into a series of encrypted serial numbers, which are used to represent the currency value of various amounts in reality
Mondex is e-mondex (e-cash). Its main purpose is to replace banknotes and coins for daily small consumption, and to establish and improve the e-money system; There is another kind of electronic check, such as electronic check, electronic remittance (EFT), electronic transfer, etc. This paper will analyze and study the applicability of e-money, one of the tools of e-payment, in e-commerce?? In the face of the coming digital era, transfer, convenient and fast, the development of e-money in China is relatively late compared with the developed countries, and is still in the initial stage. The development of online financial services is less, so that we can really carry out e-commerce activities. 1. European countries are also developing vigorously; In Asia. Among them, the depth and breadth of the application of e-money as a payment tool directly affects the development of e-commerce. Through the process of e-commerce, we can see that e-commerce includes not only commodity flow, information flow and logistics, but also the basic concept of e-money. As the latest form of money, e-money,

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As an emerging technology, digital currency plays an important role in improving financial efficiency, promoting cross-border payment and adjusting the monetary system

All in all, China's digital currency is taking the lead in the world, and it is inevitable to promote the international market