Arctic chain digital currency is financing

1. On November 13 this year, the official microblog of the people's Bank of China announced that the people's Bank of China has issued legal digital currency, and some institutions falsely use the name of the people's Bank of China to trade relevant digital procts under the title of "DC / EP" or "DCEP" on the digital asset trading platform. The central bank stressed that no legal digital currency (DC / EP) was issued and no asset trading platform was authorized to trade. Neither "DC / EP" nor "DCEP" traded in the market is legal digital currency, and the launch time of legal digital currency transmitted through Internet is inaccurate information<

at present, the so-called issuance of legal digital currency in the Internet, and the behavior of indivial institutions launching "DC / EP" or "DCEP" in the name of the people's Bank of China to conct transactions on the asset trading platform may involve fraud and pyramid selling. The general public should raise their risk awareness, not be partial to trust, and guard against interest damage
as early as September 4, 2017, the central bank and other seven departments jointly issued the announcement on preventing the financing risk of token issuance (hereinafter referred to as the announcement), pointing out that the issuance of virtual currency, ICO and other suspected illegal financial activities seriously disrupted the economic and financial order, and no organization or indivial may engage in the above activities illegally.

2.

Due to the continuous popularity of bitcoin, people begin to pay close attention to this kind of digital currency. However, people from all walks of life pay more attention to the technical architecture behind bitcoin - blockchain technology, which is considered by many organizations to be the core technology most likely to trigger the fifth round of scientific and technological revolution after steam engine, power, information and Internet technology

bitcoin may fall, while the long-term direction of digital currency is bound to rise, and the rise will be particularly fierce. In 2017, the total market value of global digital currency was only US $647 billion, less than 10% of the global physical gold market value, and less than 0.01% of the total national stock value. AAC is launched at the right time. Miners all know that the earlier they enter, the more tokens they can get and the more profits they can earn. The birth of acute angle cloud will bring huge returns to its partners

2017 can be regarded as the first year of blockchain technology, and 2018 is likely to be the explosive year of blockchain technology. The rapid development of the blockchain technology will probably usher in the explosive growth of acute angle cloud, and the acute angle PC released on ces2018 is likely to become another explosive proct of blockchain

3.

As of May 2020, blockchain and digital currency are illegal in China

according to the announcement of the people's Bank of China Central Network Information Office, Ministry of instry and information technology, State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing the risks of token issuance and financing, Article 2 no organization or indivial shall illegally engage in token issuance and financing activities. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects

Article 3 strengthen the management of token financing trading platform

from the date of this announcement, any so-called token financing trading platform shall not engage in the exchange business between legal currency and token and "virtual currency", and shall not buy or sell token or "virtual currency" as a central counter party, and shall not provide pricing for token or "virtual currency" Information intermediary and other services

extension data

"illegal financial institutions and illegal financial business activities ban" stipulates that:

eleventh, the criminal suspect, funds and property involved in illegal financial institutions and illegal financial activities, and the public security organs shall take compulsory measures according to law to prevent suspect from escaping and transferring funds and property. p>

Article 12 the people's Bank of China shall, after investigation and confirmation, make a decision to ban the illegal financial institutions and financial business activities, declare them illegal, order them to stop all business activities, and make an announcement

Article 13 if the people's Bank of China discovers that a financial institution opens an account, handles settlement and provides loans for an illegal financial institution or illegal financial business activities, it shall order the financial institution to stop the relevant business activities immediately. No unit or indivial may use the relevant funds without authorization

4. 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. 1. No matter in finance or entity, one of the bases of transaction between supply and demand is trust. 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 economy. 2. 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. In fact, the application of blockchain technology is to value and credit the information flowing on the Internet. Through the blockchain, the information with (use value, exchange value, cultural value) in the Internet is reorganized and newly constructed to form a value Internet. It is of great significance. It will bring revolutionary promotion to both the financial instry and the real economy.

5. Blockchain is its underlying application technology, and digital currency is its currency. Its practical application has little impact on the fluctuation of digital currency
when the economy is stable, it doesn't rise. When the economy is in turmoil, people begin to store digital currency. Of course, it is convenient for some corrupt elements
now the economy is stable, the digital currency is in a bear market, the financial crisis, the crisis, and only when there is a crisis can there be an opportunity. At that time, the rapid growth of bitcoin was the opportunity in the financial crisis. Don't worry, there will be a bull market in digital currency, which is expected to come in the second half of next year

6. On September 4, 2017, seven ministries and commissions, including the people's Bank of China, China Banking Regulatory Commission and China Securities Regulatory Commission, jointly issued the announcement on preventing the financing risk of token issuance The announcement pointed out that token issuance financing refers to the illegal sale and circulation of tokens by the financing subject to raise the so-called "virtual currency" such as bitcoin and ether coin from investors. In essence, it is an unauthorized illegal public financing behavior, suspected of illegal sale of token bills, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal criminal activities. Subsequently, the trading of legal currency was also prohibited

after that, the domestic exchanges responded one after another, stopped a series of domestic business correspondingly, and obtained the legal business licenses of exchanges in many countries overseas, moving towards the direction of compliance. Then there are some exchanges, because their own services are deeply rooted in the hearts of the people, and they have accumulated a certain number of users. Even when they stop their domestic business, they still use scientific Internet access and other methods to continue to follow the exchanges. And these exchanges, after continuous survival of the fittest, have graally evolved into the four major exchanges that insiders often say

according to the trading volume data of this quarter (data from the comprehensive comparison of non trumpet, CMC and coingecko), the four major overseas institutions are currency security, fire currency, coinbase and China currency. If we only talk about domestic exchanges, what the four major exchanges refer to are currency security, fire currency, China currency and okex< So there is no ha ha ha in China

7. I can only say that there is no money for this platform. I invited dozens of people to it. At the beginning, a few people can be rewarded with about 3 yuan, and then they can be rewarded with a few cents. There is also the requirement of advertising revenue. It is required to invite more than 50 active friends to get dozens of yuan. I want to say whether your own software can achieve this level of activity. Is it not a bit hard to count? It's suggested to make a few yuan, but don't invest money to play, jukeng!

8.

When it comes to digital currency, your first reaction may be bitcoin or Libra, which Facebook plans to launch

from the perspective of usage scenarios, the central bank's digital currency does not pay interest, and can be used in small, retail and high-frequency business scenarios, which is no different from paper money. At the same time, the use should comply with all the existing regulations on cash management, anti money laundering and anti-terrorism financing

the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system

9. Let's see what regulators think. R3, the fortress of the coin free blockchain, also needs to develop a coin issuing platform.