African Central Bank digital currency

1.

The digital currency of the central bank is DCEP

the name of the digital currency developed by the central bank is DCEP (digital currency electronic payment). DC is digital currency. EP is electronic payment. Payment transmits digital things through a certain way, not paper currency. Therefore, electronic payment itself has the attribute of digital currency

The characteristics of digital currency are: low transaction cost; Fast trading speed; Highly anonymous

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Application of digital currency

I. fast, economic and safe payment and settlement

cross border payment helps RMB internationalization. In 2015, the settlement volume of cross-border payment involving current account is about 8 trillion yuan. To accelerate the internationalization of RMB, cross-border payment and settlement procts and solutions with low cost, high efficiency and low risk are needed

At present, there are still a lot of repetitive human work in the bank's electronic loan process and processing process, and as the basic support of loan issuance, many of the collateral has the situation of false pricing or multiple or even no collateral. We can consider using digital currency to price and track bank collateral:

3. Bill finance and supply chain finance

in recent years, various bill market businesses based on commercial bills have grown rapidly, and bill financing procts have become a hot area of Internet financing. However, about 70% of the current bill businesses in China are still paper transactions, Supply chain finance is also highly dependent on labor costs

reference materials

network digital currency

2. I don't know why
so far, no central bank has issued digital currency
even if it will be issued in the future, it is just another form of paper money. It is essentially different from the virtual currency such as bitcoin in financial derivatives or the more traditional digital currency such as e-glod. Will not allow the market to hype its concept!

3. The block chain based digital bill trading platform promoted by the central bank has been tested successfully. The legal digital currency issued by the central bank has been put into trial operation on the platform, and the digital currency Research Institute of the central bank will also be officially listed
compared with paper money, the advantage of digital currency is that it can not only save the cost of issuance and circulation, but also improve the efficiency of transaction or investment, and enhance the convenience and transparency of economic transaction activities. The issue of digital currency by the central bank also ensures the continuity of financial policy and the integrity of monetary policy, and also ensures the security of monetary transactions
although the issuing method of digital currency is still under study, paper currency has been regarded as "the currency of the previous generation" by some professionals, and it is the general trend to be replaced by new technologies and procts. Due to China's large population and volume, the timetable for issuing digital currency is still uncertain
however, the domestic Puyin group is the first to launch the tea based digital currency Puyin.

4. I think it's normal for this kind of part-time job to make less and less profits. It's the same for some profitable apps. It's very easy to make money at the beginning, but it's more and more difficult. More and more people are involved