Digital currency payment scenarios
Policies and regulations
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
Now with the continuous development of the network, our way of life has also undergone fundamental changes. Modern people in the new century are enjoying the convenience brought by science and technology. Among the continuous innovation of lifestyle, the innovation of payment mode is probably the most revolutionary. Now our mobile phone has become our wallet, and there are no restrictions on mobile payment scenarios. Under such circumstances, the digital currency of the central bank is also available in Shenzhen
now we are basically using WeChat or Alipay for mobile payment, and after the emergence of digital money, Alipay and WeChat will definitely have a certain impact. Strong>, however, because the promotion of digital money still takes some time, the impact on Alipay and WeChat will not be very large in the short term. Similarly, Alipay and WeChat may also benefit from their advantages in digital currency promotion. RRRRR}
three, opportunity, of course, Alipay and WeChat are also facing great opportunities in the face of crisis. In fact, digital currency is still currency. It is different from cash only in form, and there is no difference in essence
under such circumstances, the introction of digital money into Alipay and WeChat is not a reality. Therefore, in the current situation, Alipay and WeChat should stand on a higher level to look at the digital currency. P>
, ladies and gentlemen, what are your views on the digital currency for WeChat and Alipay? Speak freely in the comment area. p>
digital currency is a kind of legal tender, which must be issued by the central bank. Both digital gold coin and cryptocurrency belong to digital currency, which is not a network virtual currency, because it is not limited to virtual space, but is often used for real goods and services transactions, such as bitcoin, Wright coin, bitstock, etc. at present, there are thousands of digital currencies issued around the world
in daily use, what are the differences between digital currency and bank transfer payment? According to instry analysis, the digital currency launched by the central bank is a national sovereign currency, which is based on the digital currency of RMB. This is a piece of data generated by a complex algorithm, which contains blockchain and encryption technology, making it unique. The payment of Alipay and WeChat is not digital money, but only based on the payment realized by electronic accounts. Compared with the current pattern of "payment transfer collection" with the help of third-party payment, what digital currency needs to achieve is "decentralization", that is, to cancel the transfer link and directly hand over the money from the payer's account to the payee, so as to rece the payment cost in currency circulation
according to the introction, digital currency has the main characteristics of network packets. This kind of data package is composed of data code and identification code. The data code is the content we need to transmit, while the identification code indicates where the data package comes from and goes. That means every penny is traceable. The "trace" and "traceability" of digital currency can improve the convenience and transparency of economic transactions, and will curb money laundering, tax evasion and other criminal activities. At the same time, with the application of blockchain technology, a national or even global unified account book will be established, so that every sum of money can be traced. Tax evasion and money laundering will be within the scope of supervision, and it is even possible to realize automatic tax dection on the card machine
according to the introction, from the perspective of ordinary consumers, everyone may have two "wallets" in the future. In reality, the money in the wallet is used for emergency payment, while the wallet in the mobile phone can be directly used for consumption and payment without the "second hand" of third-party payment, so as to realize point-to-point payment and effectively rece costs, In theory, it will also change the existing payment system with banks as the main channel
even with digital currency, paper money will not end. There is a long process to launch digital currency, which can not replace paper currency immediately. Digital currency is only a change of form, and the scale of currency issuance is still controlled by the central bank, so the purchasing power of paper money will not be affected in the short term.
In the official letter of Xiangcheng District of Suzhou, enterprises, institutions and management committees of Xiangcheng District are required to sign a digital currency agreement with the wage paying bank, install digital wallets for all staff (except retirees), and pay 50% of the monthly salary in the form of digital currency
this is the first practical application of the central bank's digital currency since the R & D news, which is a historical moment worth remembering
let's review the development of DCEP:
in 2014, the central bank set up a special research group on legal digital currency
in 2016, it set up a digital currency Research Institute on the basis of the original group
in June 2018, it set up Shenzhen Financial Technology Co., Ltd.
in August 2019, the central government issued a document to carry out digital currency research and mobile payment pilot in Shenzhen
on October 29, 2019, At the "2019 Bund financial summit", Huang Qifan, vice president of China Center for international economic exchange, said: "the digital currency DCEP launched by the Central Bank of China is a new crypto electronic currency system based on blockchain technology." This is the debut of DCEP
On April 3, 2020, in the "national teleconference on money, gold, silver and security work", the central bank said that it would "unswervingly promote the research and development of legal digital currency" On April 10, Zhou Xuedong, director of the general office of the people's Bank of China, pointed out at the "first quarter financial statistics press conference" that "with regard to digital currency, the people's Bank of China is advancing in an orderly manner according to the original plan."on April 14, the central bank's digital currency DCEP took the lead in the internal test of ABC
on April 16, Xiangcheng District of Suzhou realized the implementation of the first application scenario of central bank's digital currency DCEP, using "digital wallet" as the payment channel and issuing it in the form of transportation subsidies
judging from various actions, the central bank's plan for digital currency is well prepared and in an orderly and continuous progress
why DCEP
from the national level, it is well known that the macroeconomic regulation and control means of sovereign countries are mainly through monetary policy and fiscal policy, just like the current global lack of liquidity e to the epidemic, China's economy is stimulated by interest rate rection and government spending, but the funds are transmitted layer by layer, and there are few funds really used for the target range
if we use the central bank's digital currency system, we can analyze and track a large number of transactions, and use the most direct and efficient means to put funds where they need, so as to release liquidity and benefit the people
from the international level,
the use of blockchain technology can realize the review of national credit and increase the credit of the country's monetary system. With the increase of GNP, credit must also increase, and the process of RMB internationalization will be more rapid
this is very simple to understand. Blockchain technology makes it impossible for asset certificates to be forged and makes credit verifiable, which is naturally concive to RMB internationalization
Last year, the World Bank Group and the International Monetary Fund (IMF) issued a report that up to now, nearly 70% of the central banks are studying the digital currency of the central bank, which also shows that the digital wave is the general trend. At present, the central bank's digital currency DCEP is likely to be used on a large scale ahead of other countries in the world, and the era of digital currency is comingthe era of digital economy is getting closer and closer
today's era is a digital era. With the comprehensive rise of technological innovation and digital economy, science and technology has changed from the initial role of a tool to the backbone of financial reform. The continuous collision and integration of digital five complete genes (whole airspace, whole process, whole scene, full analysis, and full value) and financial instry not only changes the settlement and settlement methods and sovereign currency issuance mechanism among indivials, enterprises, and countries, but also greatly improves the operation efficiency of instrial chain, and brings the development of the whole economic society and human progress
if blockchain technology will "genetically transform" all walks of life, then digital currency will "genetically transform" the financial instry. Looking forward to the future, the in-depth integration and transformation of traditional instries by blockchain, artificial intelligence, cloud computing, Internet of things and other technologies will lead us into a new era of digital economy
in short, the era of digital economy is getting closer and closer to us
the implementation of the central bank's digital currency is bound to bring disruptive changes to the existing financial market and breed huge wealth opportunities. The future has come, the wind has come, keep up with the pace of the instry, accurately grasp the future trend, and quickly seize the blue ocean of wealth business
what we are doing now with Hong Kong is just routine technical testing. When the time is ripe, digital currency can be applied in the scenario of cross-border payment now digital goods are developing faster and faster, and each country is developing its own digital currency. In the case of existing technology, digital currency at the national level certainly has no technical obstacles
in order to promote the application of digital currency, countries are also trying to carry out various tests. On the technical level, digital currency has no barriers, but cross-border projects are not just technical. Digital currency has a long way to go{ RRRRR}
Third, digital currency is far away from internationalizationdigital currency is now in the pilot stage of a few cities in China. But the promotion of domestic application scenarios also takes time. Although there are no technical barriers for digital currency, after all, digital currency involves a wide range of aspects, and the promotion of digital currency can not be completed overnight
now when digital currency is promoted in China, it is easy to carry out cross-border projects after accumulating enough experience and waiting for the right time
for & lt; Digital currency & quot; If you have any different opinions on the progress of cross-border projects, please leave a message in the comments area
In the long river of social development, everything is updated, iterated, upgraded and constantly changing. In the past, it was a joke to go out without cash, which would make it difficult for you to move. With the popularity of the Internet and the popularity of mobile payment, we bid farewell to the era of thick wallet and cash. A mobile phone can handle all aspects of payment, But our bank card must be tied to the third party platform, WeChat or Alipay. p>
then can they keep users and status? I think it's very difficult. After all, capital formation monopoly is not in line with economic development and social progress. It's the right direction to follow the unified leadership and command of the state and play a reasonable role within the scope of policies. We'll see what the future will be like< br />
Data RMB has begun to enter people's lives, and digital currency will completely change people's lives in the following aspects:
finally, digital RMB will also facilitate the use of the elderly and other special groups for the elderly and those who exclude the use of intelligent terminals, the central bank should consider more non-contact and passive payment means in digital currency, facilitate the payment and settlement of the group by brushing face, fingerprinting and other means, set certain rules for dection and settlement by taking the settlement account as the child's sub account, so as to facilitate the elderly and provide information to their children at the same time. Similar experience should be not only from the payment link, but also from the perspective of software color, font size and human-computer interaction psychology