Digital currency financial payment
1. Application of different
digital currency: fast, economic and safe payment and settlement; Bill finance and supply chain finance; The real right of collateral is digitalized
e-money: the seller sends the buyer's payment instructions to the seller's acquiring bank through the payment gateway; The acquiring bank obtains the authorization from the issuing bank through the bank card network, and sends the authorization information back to the seller through the payment gateway; After obtaining the authorization, the Seller shall send the buyer the shopping completion information. If payment acquisition and payment authorization cannot be completed at the same time, the seller should send payment acquisition request to the acquiring bank through the payment gateway, and transfer the transaction funds from the buyer to the seller's account. The final inter-bank settlement is completed by the payment system between banks
2. Different characteristics
digital currency is characterized by low transaction cost, fast transaction speed and high anonymity
e-currency is characterized by anonymity, saving transaction cost, saving transmission cost, small holding risk, flexible and convenient payment, anti-counterfeiting and anti repetition, and non traceability
Digital currency can be divided into three categories: completely closed, unrelated to the real economy and only used in specific virtual communities, such as world of warcraft gold; It can be purchased in real currency but not converted back to real currency, and can be used to purchase virtual goods and services, such as Facebook credit; It can exchange and redeem with real currency according to a certain ratio. It can purchase both virtual goods and services and real goods and services, such as bitcoine-money: e-cash based on the Internet environment and keeping the binary data representing the value of money in the hard disk of the computer terminal; An electronic wallet that keeps the value of money in an IC card and can be circulated out of the bank payment system
1. Bithumb
bithumb is the largest digital currency exchange in South Korea and the top ten in the world in terms of trading volume. Its daily trading volume exceeds 13000 bitcoins, accounting for about 10% of global bitcoin trading volume. It promises to provide the lowest handling charge in the world. Bithumb accounts for 75.7% of South Korea's bitcoin market, 10% of the global bitcoin market, and 50% of South Korea's Ethereum market
Bitmex is established in the Republic of Seychelles as a leading leverage trading platform. It can operate cryptocurrency derivatives trading as high as 100 times leverage, and also provide high leverage for other digital currency procts. Bitmex offers more than a dozen futures and swap procts. Bitcoin is one of the most active trading varieties, which can be divided into three types: xbtz17 (bitcoin / USD futures), xbjz17 (bitcoin / yen futures) and xbtusd (bitcoin / USD perpetual swap)
to register a bitmex account, just fill in the email, password and country. The name can be left blank. Bitmex does not accept the recharge and withdrawal of legal currency, so it does not have to follow the bank's KYC / AML requirements to obtain the user's personal information
Okex
3, okex
okex mainly provides global users with spot and derivative trading services of digital assets such as bitcoin, lightcoin and ethereal currency, which is subordinate to okex Technology Company Limited. Since 2014, we have been committed to providing bitcoin, lightcoin, ethercoin and other digital asset currency and derivatives trading services to global users, adopting advanced technologies such as GSLB, distributed server cluster, distributed storage, high-speed memory trading engine with multi machine mutual backup, cold wallet, hot money package with private key offline, etc
As one of the most concerned companies in the international blockchain instry, Qian'an is jointly founded by Zhao CHANGPENG, former blockchain CTO, a well-known blockchain company, and He Yi, former vice president of science and technology, to provide users with more secure and convenient digital currency exchange services and aggregate global high-quality digital currencies, It is committed to building a world-class blockchain asset trading platform. Only 50 days after its launch, the company's users have covered more than 180 countries around the world. This is the first time that the company has disclosed its financing information
5. Hotcoin is one of the three major exchanges in China. Headquartered in Beijing, it also has many exchanges, including domestic stations, international stations, quantitative trading, etc. hotcoin is a domestic station. Since its establishment in 2013, the accumulated trading volume of hotcoin has exceeded $100 billion, once becoming the largest digital asset trading platform in the world, It occupies 50% of the global share of digital asset transactions, and has been invested by Zhenge fund and Sequoia Capital
fire coin group has invested in more than 10 upstream and downstream enterprises, and has completed the establishment of compliance service teams in Singapore, South Korea, Hong Kong, Thailand, Australia, Canada, Brazil, Britain and other countries and regions, providing secure and reliable digital asset trading and asset management services for millions of users in more than 130 countries
6, bibox
bibox is the world's first artificial intelligence digital asset trading platform, which innovatively realizes transaction security, platform stability and operation convenience; Financial derivatives services are well-known in the instry. The platform not only provides spot trading, but also provides financing, currency financing and contract trading business. Investors can carry out long short two-way operation. They can obtain the income from the rise in the price of digital assets by buying long and obtain the income from the fall in the price of digital assets by selling short, which is convenient for traders to invest and hedge
Hitbtc
7, hitbtc
hitbtc was established in 2013 and obtained 6 million euro venture capital. Headquartered in Europe, it is a bitcoin trading platform in the UK, supporting the current mainstream encrypted digital currency portfolio trading, including BCC / BTC, ETH / BTC, XmR / BTC, LTC / BTC, EOS / BTC, EOS / eth, etc. at present, there are 762 trading pairs. Hitbtc is operated by hit Solutions Limited in Hong Kong and has a dedicated support and communications office in Santiago, Chile
Digifinex
digifinex is a block chain Digital Asset Exchange registered in Seychelles, which mainly provides currency trading services of bitcoin, Ethereum, lightcoin and other digital assets for global users. According to non trumpet data, there are 103 platform trading pairs at present. Digifinex is founded by blockchain and digital asset enthusiasts, with core teams from Xunlei, Tencent and Internet. It is operated by digifnex limited, which is registered in Seychelles, and its current operation center is located in Singapore
ZB network is a global digital currency exchange. Currently, there are 168 platform trading pairs, which support OTC and spot trading. At present, it has obtained the exchange license of Thailand and Du, and has set up operation centers in Switzerland, Canada, the United States, Bangkok, Du and other places. ZB focuses on providing global customers with safe, convenient and compliant blockchain asset trading services
10, coin win international station
coin win is a global digital asset trading platform set up by Chinese state-owned enterprises in Hong Kong. It adopts bank level security technologies such as cold storage, SSL and multiple encryption to ensure the security and stability of virtual currency transactions. It mainly provides transaction services of digital assets such as ether currency and HSR for global users, and is subordinate to citicash Hong Kong Investment Limited. Currently, there are 51 platform trading pairs, which support OTC and spot trading
1、 Different monetary attributes
1. Digital currency:
digital currency belongs to legal tender
2. Wechat:
wechat belongs to the third-party payment instrument
3, Alipay:
Alipay belongs to the third party payment tool. p>
2. Different issuers
1. Digital currency:
the issuer of digital currency is the central bank
2. Wechat:
the clearing Party of wechat is a commercial bank
3, Alipay:
Alipay's settlement party is commercial bank. p>
extended data
in the third-party payment mode, the buyer uses the account provided by the third-party platform to pay for the goods (to the third party), and the third party notifies the seller of the arrival of the goods and requires delivery; After receiving the goods, inspecting the goods and confirming, the buyer shall notify the third party for payment; The third party transfers the money to the seller's account
digital currency can be considered as a virtual currency based on node network and digital encryption algorithm. The core characteristics of digital currency are mainly reflected in three aspects:
1. Due to some open algorithms, digital currency has no issuing subject, so no one or organization can control its issuing
Because the number of algorithm solutions is determined, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by the overuse of virtual currency3. Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough
many partners who are more interested in investment and financial management may also hear about some digital currencies such as blockchain in their daily life, and there are various subdivisions for these blockchains for example, the blockchain model with or without currency or some data or digital currency will have different performance. From the current point of view, whether some methods of raising some funds through initial issuance are legal or not, such behavior has always existed with the development of blockchain. Moreover, there are no relevant regulations in the law, so there are no clear provisions on whether this kind of behavior is legal or not
we know some concepts of blockchain, but most of them are words like decentralization or leverage. However, the whole operation mode of non currency blockchain is inconsistent with these definitions in principle . Therefore, when you hear about some non currency blockchain, you will feel that this mode is against the law or against the traditional financial investment. There is a great difference between this kind of non currency blockchain and the traditional blockchain, so it can not be called a real blockchain
In recent years, the rise of financial technology drives the digital and intelligent development of finance, and the form of money is also evolving. Recently, the news of digital currency has attracted people's attention, and there is still a lot of gap with the current online payment
E-cash, like paper money, has no value in itself. It only depends on the credit of the issuer to reflect its value. It is a kind of digital information composed of 0 and 1 signed by the bank through electronic means, so it is also called digital currency. It is different from the credit card used now, because the credit card itself is not money, it is just a means of transfer, and e-cash itself is a kind of money, it can be directly used to buy goods. Although it is the same as gold coin and paper money, it does not need physical entity like them. Instead, it can make electronic payment only through data exchange to realize the function of cash. E-cash has the following characteristics:
one is the rapidity of mobile. It can send cash to distant places instantaneously through the network, so it has extremely fast mobility. Because it is a kind of digital information, like the usual data, it can be put in the computer and transmitted by the network. Moreover, it can be sent directly to the store terminal by the consumer terminal, so there is no need to pay the service charge to the intermediate settlement institution. However, because it can transfer large amounts of money to distant places instantaneously, it also increases the monitoring difficulty of financial management institutions, and also causes tax, legal, exchange rate instability and other problems
The other is the anonymity of payment (i.e. it is impossible to know who originally owned the money). Using cash can also achieve anonymity, but it is difficult to achieve it when using electronic settlement services (such as credit card). With the electronization of various social systems, there is a tendency to automatically collect personal secret information. Payment behavior is often the source of all kinds of personal secret information. Therefore, the use of e-cash will be an effective means of self-defense in the future computer society. However, the anonymity of e-cash will also provide the convenience of money laundering for money of unknown origin, so we should try to prevent it The third is to improve the safety. Because the security measures it adopts are far more perfect than the current credit card, much safer than checking accounts and savings accounts, and will not be stolen or robbed like banknotes and coins Fourthly, it can save cost. Banknotes need to be printed, transported, preserved, counted, anti-counterfeited and secured, which requires a lot of expenses. It is reported that the annual cost of transporting tangible currency in the United States is as high as US $6 billion, and that in the United Kingdom is as high as 200 million pounds. The cost of money settlement and transportation between the world bank system accounts for 5% of its total management fee. All these expenses can be saved when using e-cashlegal representative: Wu Weijun
time of establishment: May 24, 2004
registered capital: RMB 500000
Instrial and commercial registration number: 42232400001464
enterprise type: limited liability company (invested or controlled by natural person)
address: Dajie village, Beigang Town, Tongcheng County
According to the cloud flash payment red envelope activity launched by UnionPay, the cloud flash payment app has prepared four new year red envelopes: open door lucky red envelope, sign in red envelope every day, invite relatives and friends red envelope, and initiate transfer red envelope. Users can get up to 2018 yuan a day
before, Alipay and WeChat both rolled up their sleeves to prepare for a big fight in the red envelope war ring the Spring Festival. Now the UnionPay with the national team background has brought more expectations to many people. P>
, as a non bank financial service provider, has long time since Alipay avoided regulatory restrictions and extended its services overseas. However, at the end of 2016, Alipay was required to close all offshore financial accounts and have a considerable impact on its Southeast Asian business. p>
and the most popular application of wechat overseas is its own social attribute. In mobile payment, wechat payment has established external partners to jointly develop overseas markets. In South Africa, wechat payment has launched an international payment solution. Users can now use wechat wallet to send and receive money or withdraw cash from ATMs. However, the number of cooperative countries is far less than that of UnionPay partners
as of June 2017, the UnionPay network has spread all over China's urban and rural areas, and has extended to 160 countries and regions outside Asia, Europe, America, Oceania, Africa, etc
compared with the other two, UnionPay's huge number of users has also laid a foundation for its future; First brother & quot; Status. Data show that up to now, China's UnionPay cards have issued more than 5.4 billion cards, and the transaction volume of UnionPay cards in 2016 alone exceeded 38 billion
UnionPay also pays more attention to cardholders going abroad. In 2015, the United States attracted more than 2.5 million Chinese tourists, who spent more than $40 billion locally. Through the development of cooperative relationship in the United States, UnionPay has been able to successfully enter the U.S. market and further increase its overseas market share
UnionPay has said that the acceptance network of UnionPay cards in the United States is tending to be perfect. At present, almost all ATMs in the United States can withdraw cash with UnionPay card, and more than 80% of businesses can pay with UnionPay credit card. In New York, Hawaii, San Francisco, Los Angeles, Orlando, Chicago and other famous shopping centers and outlets business circles, UnionPay card acceptance coverage generally exceeds 90%
UnionPay's international layout
UnionPay began to take its international step in 2004. At the end of 2012, China UnionPay International Co., Ltd. (UnionPay International), a long-standing company, officially opened in Shanghai. As a subsidiary of China UnionPay, it will be responsible for the exclusive business of China UnionPay international
at present, no UnionPay proct can be compared with its international layout. Today, UnionPay has basically achieved global coverage
the data shows that the overseas acceptance network of UnionPay card has covered more than 160 countries and regions. Hong Kong, Macao, Mongolia, Cuba and the United Arab Emirates have basically achieved full acceptance. 80% of merchants in Northeast Asia can use UnionPay cards, more than 70% of merchants in Southeast Asia can accept UnionPay cards, more than 80% of merchants in the United States can use UnionPay credit cards, half of merchants in Europe can use UnionPay cards, and 90% of ATMs and 75% of merchants in Australia can also use UnionPay cards
according to other data, there are more than 10 million overseas online merchants accepting UnionPay cards, and they have graally formed advantages in the fields of ecation payment and air booking. More than 2000 overseas schools support UnionPay card online tuition payment, and the official websites of nearly 40 international airlines support UnionPay card online ticket purchase
the relevant person in charge of UnionPay International said that a series of innovative procts such as UnionPay online payment, UnionPay mobile phone flash payment, UnionPay QR code and UnionPay wallet procts are ushering in richer cross-border application scenarios
It's true. Since the beginning of 2018, UnionPay international and Huawei have signed a cooperation agreement, and the two sides have reached cooperation on jointly promoting the globalization of Huawei pay and speeding up the overseas landing, which is also regarded as an important step in the international layout of UnionPayStandard Bank of South Africa and UnionPay international have reached a cooperation agreement in Johannesburg, South Africa, which will make use of the resources of standard bank to further promote UnionPay payment services in the African market, and standard bank will become the first financial institution in South Africa that may issue UnionPay card qualification
from the perspective of Unionpay's actions, the strategic advantage of UnionPay is its huge outbound China card account, plus its natural & lt; National team; Advantages, as well as the layout of UnionPay in mobile payment, who ignores UnionPay in the future will have to bear the consequences