National red line digital currency payment
The people's Bank of China has not issued digital currency for the time being, so there is no legal digital currency in China at present. At present, digital currency has not been recognized in China, let alone legal
at present, all kinds of digital currencies circulating in the market are basically on the edge of the law. China maintains a neutral attitude, but does not like speculation, which is also the basic attitude of the central bank{ RRRRR}
< H2 > development materialsdigital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English and the alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy
digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency
monetary policy, like tax, police, court and other state machines, is the foundation of modern state operation and an important part of state machine. As long as there is no fundamental change in the social organization form of the state, the monetary system based on the national credit will always exist, and bitcoin and other virtual currencies will not become the standard currency of a country. Bitcoin is actually just the use of technology, which is at most an asset, not a real currency< Of course, credit money is prone to inflation. In a sense, people's concern about bitcoin reflects people's worry about inflation under the condition of credit currency. Therefore, central banks should strengthen liquidity management, reasonably regulate money supply and keep prices basically stable.
as far as I know, there is a big difference between the use of digital currency and traditional paper currency. The purpose is the same, but the technology, security and application are different. The simplest difference is that one is printed on paper, and the other is printed on the blockchain information system in digital form 
there are two simple understandings: currency digital currency is in the form of e-wallet, and RMB is paper currency. When it is used, one is to exchange currency and goods directly, and the other is to use digital currency wallet for transaction and transfer. Digital currency is certainly more convenient, while paper currency will have many problems, such as ring the epidemic, We should try our best to rece the risk of paper money transaction
with the continuous development and progress of society, great changes have taken place in our lifestyle, such as mobile payment and online shopping, which have brought great convenience to our life. Since the birth of online shopping, online payment has become a part of our life
online shopping is convenient, but it is also through the middle of a "invisible" process of payment, such as we bought something on the Internet, first pick out what you love, then you have to pay the problem:
now most people use Alipay is the way of payment, then first Alipay will receive payment request. Then it initiates the protocol to the network, saves the information to the database, and forwards the request to the bank. When the Alipay account shows that the dection is successful, it will have to be connected to the bank through the Internet. Then the buyer will confirm receipt after receiving the goods, so that the buyer will dect the money before transferring to the seller's account. Not only is the transaction process too cumbersome and complex, it is clear that the transaction between the two parties has to go through a series of links. More importantly, once the intermediate payment link collapses, the whole transaction will stop, and the subsequent operation is really troublesome
in fact, the popular explanation is that when I want to buy something, I give the money to the middleman and ask him to help the seller. If the middleman makes any mistakes, it may lead to the situation that the money can not be recovered and the goods can not be obtained
is there any way to simplify the transaction process and improve the transaction efficiency? Yes, the current hot blockchain technology and digital currency payment can better solve the above problems:
blockchain has become one of the hot topics in the past two years. Blockchain can replace the existence of these third-party services:
first, blockchain can not be tampered with. Every transaction will be distributed to each block for record keeping, Then use cryptography to verify, any malicious damage or record deletion will be found, so the whole process of shopping will be seen. Blockchain strengthens the trust, traceability and transparency in the transaction, making our transaction faster and more convenient<
the second is the unique payment characteristics of digital currency:
the decentralization of digital currency can eliminate the intervention of the third party, and there is no need to worry about the problems of the third party, resulting in the whole transaction payment process can not continue
the point-to-point transmission of digital currency saves the time link in the whole payment process and realizes fast payment, so that both parties can receive money quickly and save time
openness and transparency of digital currency: except for cash transactions, all transactions based on online payment are just a series of numbers, and all transactions of digital currency are open and transparent. You can check the transaction records of all payments, which can ensure the security of the overall commodity payment
and like China's booming WeChat, Alipay and other payment platforms, cross-border payment has been realized, but there is a problem that fees will be more expensive than domestic payments, and the settlement cycle will be longer than domestic. In general, efficiency will be slow, time is long, and hand renewal is expensive. Digital money will make traditional transactions "no longer traditional". That will also make cross-border payment more efficient: digital currency is not subject to the "constraints" of any country or bank. Based on blockchain technology, it can just bypass this centralized system with low handling charges, and its point-to-point transmission transaction characteristics can effectively improve the current problems of long-time and high cost of cross-border payment
the times have been developing, and the way of life is constantly improving. Online shopping and payment are born from our development, with both advantages and disadvantages. Then we will try our best to push everything in a better direction
digital currency is on the rise. Although the current digital currency is not perfect, many countries have begun to use digital currency as a payment method. Due to the various characteristics of digital currency, bitcoin, Ethernet, Las Y2, QTP (wechat ID: yingbivc), ASEC and other digital currencies are being actively used. They can not only simplify the traditional online payment transaction process, but also circulate payment around the world and rece exchange rate issues such as handling charges. Don't just look at digital currency with one eye. Maybe in the near future, it will open the era of digital currency full payment!
on September 4, the central bank and other seven ministries and commissions issued the notice on preventing the financing risk of token issuance, and the ICO trading platform was completely suspended. After September 14, the relevant token platforms successively removed procts or stopped trading. After the news came out, digital currency was boiling
some people can't help asking: with the collapse of ICO and the closure of bitcoin platform, is digital currency over? Here the central bank gives the answer. The central bank reports that around the Spring Festival this year, the block chain based digital bill trading platform promoted by the central bank has been tested successfully, and the digital currency Research Institute of the central bank will also be officially listed. China's sovereign digital currency will accelerate its arrival. Then some people will question whether China will proce its own bitcoin? Here, let's talk about what is digital currency:
digital currency
digital currency is different from virtual currency, not bitcoin or q-coin! That is to say, it is different from virtual currencies such as bitcoin and Ethernet
virtual currency can only be closed in circulation on the network, just like Tencent's q-coin and Dashen's coin on the platform of Dashen software collaborative instry ecological chain. They can only be used for one use of their own procts. Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency, bitcoin is illegal digital currency. As for legal digital currency, there is no unified international definition. Yao Qian, deputy director of the science and Technology Department of the people's Bank of China and head of the preparatory group of the digital currency Research Institute, believes that the digital currency researched and issued by the people's Bank of China is indexed RMB. From the perspective of national schemes, it belongs to legal encrypted digital currency, which is not only a payment tool but also a currency. Correspondingly, virtual currency is also called illegal fixed digital currency. Li Lihui, head of the blockchain working group of China Internet Finance Association, once said that digital currency must have legal status, national sovereignty endorsement, and clear responsibility subject of issuance. Virtual currencies represented by bitcoin and ethereal currency have no country, no sovereign endorsement, no qualified issuers, and no national credit support. These are not digital currencies.
Singapore is currently the most popular location for ICO projects in the world. As a financial center and International Arbitration Center in Southeast Asia, Singapore has an open-minded policy, a sound and stable legal system, blue sky, white clouds and bright sunshine, which makes it the most popular blockchain project landing country
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3. Singapore is the most popular settlement area at present, which is easy to be recognized and establish a corporate public welfare image
4. Engaging in blockchain / ICO projects in Singapore can provide financial support and reasonable tax avoidance for enterprises. In April 2017, the lightcoin foundation said on its official website that it has officially become a non-profit company under the guarantee of the accounting and enterprise authority of Singapore. According to the local laws of Singapore, members of a "guarantee limited company" not established for profit-making purposes are obliged to contribute their assets to the company. According to the announcement on the official website, the main task of the foundation is to provide financial support to the core development team members of letcoin
how to register Singapore foundation
1. Name of the company: XXX Foundation Limited or Ltd in all English words
2. Provide scanned copies of ID card or passport of directors, at least three directors, one of whom is Singapore nationality (provided by our company)
3. Registered capital: 1 Singapore dollar
4. Local address in Singapore (provided by our company)
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