Central bank digital currency area

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

extended data

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.

Hello, where are the first batch of pilot cities of the central bank's digital currency? Do you think they are well deserved super first tier cities "Beijing, Shanghai, Guangzhou and Shenzhen"? I want to tell you that it's not all right. Except Shenzhen, the other three cities are Cheng, Suzhou and xiong'an new area. At present, Shenzhen is the earliest city to launch digital currency. On October 9, Shenzhen issued 10 million digital currency. 50000 people, 200 yuan per person, can enjoy the welfare, which is distributed to everyone free of charge through the way of wagging number. Here, I can only envy you. The implementation of digital currency is so fast. The friends in the pilot cities are lucky. I just want to watch you win the lottery

the first batch of pilot cities are selected in these four cities, which is the first step for digital currency to go to the whole country. When it matures in the future, it will be promoted to more pilot cities. So don't worry, just wait. Even if our city is not a pilot, it doesn't matter. Next time it will be our city. The pilot is just to test the stability of the system, and we don't have a great chance to get the red envelope of digital currency. There are so many people in Shenzhen, and only 50000 numbers are selected. Here we would like to express our support and thanks to the cities selected as the pilot cities of digital currency

3. 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!

4. From commodity currency to later credit currency, the digital currency and bitcoin that the central bank plans to issue and promote economic upgrading are very necessary. They are all natural selection to adapt to the development of human commercial society. New procts are the trend of the times. Digital currency is different. Digital currency is issued by new technology. The people's Bank of China holds a seminar on digital currency, The paper currency technology content is low. On January 20, this year, the construction of financial infrastructure and the establishment of circulation system will be improved. As the currency of the previous generation, money has always been accompanied by technological progress and cost, but it may be applied to blockchain technology. In particular, with the development of the Internet, it is proposed to strive for the early launch of the digital currency issued by the central bank. Central bank governor Zhou Xiaochuan also said in an interview with the media that the central bank has actually started to study digital currency for a long time. From the perspective of historical development trend, great changes have taken place in terms of early physical currency and economic activities, security and global payment methods. However, there is no money. before

5. There is no central bank digital currency service area in China, and the central bank has not issued or authorized any institution to issue digital currency. However, at the beginning of this year, the central bank held a seminar on digital currency and planned to launch digital currency. However, the design concept of this kind of digital currency is different from that of mainstream digital currencies such as bitcoin, Ruitai currency and Laite currency< However, the relevant person in charge of the central bank also said that the time for issuing digital currency is not ripe, at least in ten years. Not only blockchain technology, but also other new technologies can be used for reference.