Private digital currency and central bank digital currency

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. Several factors are mainly considered in mining:
1) equipment cost
2) electricity cost
3) currency price
4) mining difficulty
at present, the purchase cost of mining machinery and equipment has decreased a lot. The cost of electricity is generally over 30%. These two parts are about the cost, so the cost actually drops. But a very important thing is that the overall currency price has been falling, so the income is much less than before. As a whole, the difficulty of mining is lower than before, because the purchase cost of many mining machines is higher at the beginning, and the currency price has fallen sharply, and the shutdown price has reached, so there are fewer mining machines
I hope it can help you. If you think it's good, welcome to adopt it!

3. Certainly, it can't. what's the point of his introction? It's to encourage all people to participate. Digital currency is a trend in the future, such as the recent chaos of Saipan coin and Yuanbao coin