Is banklink pass a digital currency

1.

1、 Different definitions:

1. virtual currency:

virtual currency refers to non real currency

digital currency:

digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

3. Cryptocurrency:

cryptocurrency is a kind of transaction medium that uses cryptography principles to ensure transaction security and control the creation of transaction units

4. Token (token):

a kind of article whose shape and size are similar to currency, but the scope of use is limited and has no currency effect, and its token is the homonym of token in English

Second, the characteristics are different:

1; It can also be said that virtual currency is personalized currency. In another way, it can also be called information currency

2. Digital currency:

is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities

Cryptocurrency:

cryptocurrency is based on the decentralized consensus mechanism, which is opposite to the banking and financial system relying on the centralized regulatory system

4. Token (token):

usually needs to be exchanged for money, used in shops, playgrounds, mass transportation and other places, as a voucher to use services and exchange goods

extended data

at present, digital currency is more like an investment proct, because it lacks a strong guarantee agency to maintain its price stability, and its role as a value measure has not yet appeared, so it can not be used as a means of payment. As an investment proct, digital currency cannot develop without trading platform, operating company and investment company

digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability

2. Digital currency is an application of blockchain
blockchain is the core supporting technology of digital cryptocurrency system represented by bitcoin. The core advantage of blockchain technology is decentralization. It can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the common high cost, low cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry
taking the tourism instry as an example, blockchain applications mainly focus on tourism travel, tourism community reviews, digital identity management, credit consumption management, tracking pilot's professional certificate and qualification, loyalty plan of hotels and airlines, reservation management and consumption points management. In addition, blockchain also has applications in finance, games, entertainment and other fields.

3. The virtual currency we use on the Internet, such as q-coin or other game currency, is strictly virtual goods or intermediate goods. It is not money and does not have the purchasing power of legal tender. Bitcoin, which is more talked about in the market, is also different. It is a decentralized virtual currency realized by using blockchain technology, which is easy to facilitate money laundering. Therefore, the application of blockchain technology should not be copied. If the central bank issues digital currency, it should be a kind of centralized currency. The legal currency issued by the central bank, encrypted and supported by national credit, should meet the regulatory requirements
a few days ago, Indian Prime Minister modi announced the issuance of a new currency aimed at combating tax evasion and money laundering. In fact, if the central bank issues digital currency with perfect technology and mature mechanism, it will have better effect. Because the digital currency, in addition to anti-counterfeiting, with the help of blockchain technology, makes the capital data traceable and highly transparent. These features can also be used for macro data statistics and monitoring, which has positive significance for big data risk control
as for what bank digital currency is, the central bank requested at the meeting on January 20 this year that the research team of the people's Bank of China should actively absorb the important achievements and practical experience of digital currency research at home and abroad, continue to promote on the basis of preliminary work, establish a more effective organizational guarantee mechanism, and further clarify the strategic objectives of the central bank in issuing digital currency, Do a good job in tackling key technologies, study the multi scenario application of digital currency, and strive to launch the digital currency issued by the central bank as soon as possible.

4. Blockchain is the underlying technology of digital currency, and digital currency is the carrier of blockchain. Therefore, Singapore saiailin agricultural data alliance Co., Ltd. released bgaa, a digital currency with the full name of global agricultural ledger. We join the global agricultural association as an alliance chain, store the agricultural information in the global agricultural ledger bgaa, and form the bgaa token. So as to realize the automatic link of non-human mechanized data, broadcast consensus of the whole network, and achieve the information can not be tampered with
bgaa has not been listed in any exchange and has not been included in any platform, so we should pay attention to the risk of trading

5. You have to understand that it's people who cheat, not bitcoin. Bitcoin itself will not deceive people. It is someone who uses bitcoin to deceive people
what we need to do is not to ban bitcoin, but to guard against cheaters
how to prevent it is not to be blinded by the high income. If someone promises you high income, it is basically deceptive.

6. Digital currency CCTM, in fact, is still quite risky. It is not suitable for ordinary investors. You should recognize it

7.

TBCC is not China UnionPay digital currency

the digital currency of the central bank is the legal tender approved by the State Council. The central bank organizes market institutions to engage in the research and development of digital currency of the central bank

the digital currency of the people's Bank of China can be simply called the digital version of RMB, which is essentially the same as the paper version of RMB. It's just that paper money is visible, and electronic money is in everyone's electronic device

extended data:

significance of Central bank currency Digitization:

1. Central bank currency digitization helps to optimize the central bank's monetary payment function, improve the central bank's monetary status and the effectiveness of monetary policy

2. The central bank's digital currency can become an interest bearing asset to meet the holder's reserve demand for safe assets, and can also become the lower limit of bank deposit interest rate

It can also become a new monetary policy tool. At the same time, the central bank can affect the bank's deposit and loan interest rate by adjusting the central bank's digital currency interest rate, and help break the zero interest rate lower limit

From the perspective of economics, there are three main problems to be solved. It is possible to eliminate illegal cash transactions and money laundering, implement negative interest rates and spread money by helicopter

8. No, the central bank has not issued digital currency yet< At present, digital currency is still in the stage of demonstration. Based on the research experience of digital currency at home and abroad, combined with the existing technical system and business scope of UnionPay, the feasibility of UnionPay network supporting legal digital currency is studied and demonstrated< < br > < br > since its establishment, under the leadership of the people's Bank of China, China UnionPay has successfully completed the historical mission of "universal networking" and successfully created its own brand, which has played an important role in serving economic and social development, improving people's livelihood, enhancing the level of financial services, and promoting the construction of China's modern payment system< Br > < br > for details, please check the official website or contact UnionPay customer service< br>