Digital currency of dot money service
what is digital currency
digital currency can be used to describe all electronic currencies, including virtual currency and cryptocurrency. Digital currency is a kind of electronic currency without any physical form. Because of its functions and inherent attributes, it is the same as the standard illegal fixed currency, and can also be referred to as the network version of cash. Digital currency is invisible. People need to use and hold it through devices that can be connected to a specific network
T1: eth (the first public chain at present, the underlying platform of Shanzhai coin breeding, and in the speculation of eth2.0) EOS (community consensus + DAPP possible explosion + defi can also join + drop out of high cost performance) Zec (anonymous leader)
T2: Yas (UBI concept, low market value, great potential) atom (cosmos, advantage new public chain), XRP (the decline in 2019 has not risen, so the upward space is still very large) Polkadot dot (Boca, the goal is to surpass Ethereum) KSM (Boca pioneer)
T3: Ada (potential) NEO (myth of 1000 times of the last bull market), ont (strong village), Iost (Iost is currently undervalued, DAPP is also in good development)
there are platform coins in the coin circle, corresponding to HT, BNB, MX
financial services instry is the driving force of global economic development and one of the instries with the highest degree of centralization. The information asymmetry of both sides in the financial market leads to the failure to establish an effective credit mechanism. There are a large number of centralized credit intermediaries and information intermediaries in the instrial chain, which slow down the operation efficiency of the system and increase the cost of capital exchange
the open and unchangeable nature of blockchain technology provides the possibility for decentralized trust mechanism, and has the potential to change the financial infrastructure. Various financial assets, such as equity, bonds, bills, warehouse receipts, fund shares, etc., can be integrated into the blockchain ledger to become digital assets on the chain, which can be stored, transferred and traded on the blockchain. It has a broad application prospect in the financial field. For example, it has typical applications in cross-border payment, insurance claims, securities trading, bills, etc.
Mobile payment means that mobile clients use electronic procts such as mobile phones to make e-money payment. Mobile payment creates a new payment method and makes e-money popular. Because of the advantages of convenient and fast payment, eliminating counterfeit money, no change and so on, it is loved by many people< The Ministry of Commerce issued the "overall plan for the pilot project of deepening the innovation and development of service trade in China", and officially announced that the number of digital currency has expanded from the original 4 pilot cities to 28 , which means that digital currency is coming towards us. The same virtual currency and bitcoin, so these virtual currency can replace the status of paper money
Therefore, it is essentially no different from the paper currency RMB, and will not be wildly hyped like bitcoin. In a short period of time, virtual currency can not completely replace traditional currency. There are mainly two constraints: the first is the user's will, not everyone is used to this payment method; the second is the satisfaction of technical conditions, because the speed of transaction payment is mainly limited by the technical realization, and the goal of digital currency is only to replace part of the cash in circulation. So for a long time, it should be used in parallel with banknotes1. It's legal, but it's risky
2. When choosing financial procts, you must be cautious, safe and steady. If you don't know or have doubts, you should try to avoid them. You'd rather miss them than make mistakes; Whether or not to choose sanjiebao should also be considered very carefully
3. This kind of currency belongs to digital currency, and there are many similar ones, such as bitcoin, lightcoin, Ethereum, etc. the risk is relatively high, so it is recommended to choose carefully for pre digging, making and so on