Chengdu digital currency
digital currency has four common functions: "scan code to pay", "remittance", "collection and payment", "touch one touch"
the pilot cities are Shenzhen, xiong'an, Cheng and Suzhou
the glorious revolution. The king's name is William III and Mary II. Mary is the daughter of James II of the Stuart dynasty. William III was originally in power in the Netherlands. Mary's husband also has the blood of Stuart family. James II is a Catholic, trying to restore the status of Catholicism in England. When James II ascended the throne, he was very old. At that time, it was generally believed that his Protestant daughter would inherit the throne after James II died (when James had no son). The Whig party, which controlled the Parliament, thought that this would not affect the status of the Church of England, But later, James II united with the king of France to try to restore the status of Catholicism in Britain and the power of the king. At that time, Britain and France were hostile to each other, and Louis XIV's foreign expansion policy made the Netherlands, Britain and other countries united against France. James II's practice intensified the conflict between the king and the parliament. During this period, James II got a son in his old age, which made England under the leadership of a Catholic king in the future. Worried that it would harm the interests of Britain, Parliament planned to make Anne and William king of England. On the other hand, it was ring the so-called great alliance War (the nine-year war, see Cambridge Modern World History, omitted here) that William, the ruling Dutch, urgently needed the strength of Britain to help him fight against France, so that his plan could be carried out. James II fled to France and Ireland when he learned that the Parliament had given William the throne. With the support of France, he organized an army to attack the British army. Later, he was defeated in Ireland and fled to France. Later, the British Parliament passed a series of laws to consolidate this form. The British double king rule lasted until 1694 (Mary II died). In 1702, Anne, another daughter of James II, succeeded to the throne. After Anne died, the throne was transferred to Hanover, Germany, and the Stuart dynasty ended.
DCEP is digital RMB, also known as digital currency electronic payment, which is legal digital currency issued by the people's Bank of China with national credit endorsement its various functional attributes are the same as banknotes and coins, but the difference lies in the different forms of existence
Digital RMB payment is just a kind of payment method in consumption payment. There are still many consumption payment methods. If you really don't know how to use digital RMB payment, it is suggested to use the original payment method to avoid unnecessary economic losses
In early 2014, the Central Bank of China set up a special research group on legal digital currency to demonstrate the feasibility of issuing legal digital currency by the central bank. On January 29, 2017, the central bank officially established the digital currency Research Institute. After the successful development of the prototype of legal digital currency, the digital currency Research Institute of the people's Bank of China has tried to deploy institutions in many parts of the country, and through the integration with R & D institutions and instries, it has achieved the research results of financial development technology. In 2018, the digital currency Research Institute of the people's Bank of China successively settled in Nanjing and Shenzhen. In 2019, the people's Bank of China announced that digital currency will be piloted in Shenzhen, Suzhou, Cheng and xiong'an
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the research on Shenzhen's support for digital currency began in 2016
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on October 6, 2017, the Management Committee of xiong'an new area held a special meeting to study the big data management system and mechanism and the basic idea of "digital xiong'an" construction, and fully promote the construction of "digital xiong'an". Soon after the meeting, all kinds of enterprises were inspired to build xiong'an new area into a "test ground" for innovation
on October 14, 2017, Peng Yijie, vice president of ant financial services and partner of Alibaba group, and his party went to xiong'an new area to report the blockchain construction plan. Peng Yijie's evaluation of xiong'an new area is: the best soil for building blockchain. On November 8 of the same year, xiong'an New District held a docking meeting with Alibaba group. Alibaba and ant financial services will undertake the construction of digital xiong'an blockchain infrastructure platform, and are expected to take the lead in testing the water in the rental scene
on November 23, 2017, Tencent and xiong'an new area signed a strategic cooperation agreement on financial technology, and both sides established Tencent (xiong'an) financial technology laboratory to test big data risk control system, Tencent cloud based blockchain services and other financial black technologies in the new area
on April 21, 2018, xiong'an New District of Hebei Province issued the outline of the planning for xiong'an New District of Hebei Province, which proposed to develop high-end high-tech instries, and lay out the R & D and test of blockchain, terahertz, cognitive computing and other technologies in advance. Blockchain has been written into the outline of xiong'an New District Planning in Hebei Province. A technology with advanced influence and far-reaching significance begins to grow together with a rising Digital City shouldering historical mission
on June 8, 2018, China Academy of information and communication signed a strategic cooperation agreement with xiong'an new area. The two sides will build a scientific research base in the field of information and communication in xiong'an new area, and provide comprehensive support services such as development strategic planning, standards and policy formulation for the construction of the new area, focusing on 5g, instrial Internet, artificial intelligence, blockchain, network security, military civilian integration, information technology and so on In the field of Internet of vehicles and other fields, Beijing Tianjin Hebei high tech innovation comprehensive service platform and innovation and entrepreneurship demonstration base will be built to promote instrial innovation and development
on June 28, 2018, xiong'an New Area officially signed a strategic cooperation with 360 group. 360 group will give full play to its advantages in network security, big data, artificial intelligence, blockchain and other technical fields to provide comprehensive network security services for the construction of a safe and reliable "digital xiong'an"
on July 23, 2018, xiong'an group of China signed a memoranm of understanding with consensys, a blockchain technology company. Joseph Rubin, the founder of consensys, etc., made suggestions to xiong'an group of China on how to use blockchain technology, hoping to apply his knowledge and experience in blockchain ecosystem to xiong'an's projects and support xiong'an's innovative development mode
on December 21, 2018, Hebei xiong'an branch of Bank of communications was opened. The branch will rely on the head office's professional R & D team and strong R & D strength, rely on financial business processing, artificial intelligence, blockchain, big data, cloud computing and other financial technology platforms, constantly innovate the financial business model, and make greater contributions to the construction of green xiongan, smart xiongan and digital xiongan
on May 8, 2019, ICBC Technology Co., Ltd., a wholly-owned subsidiary of ICBC, opened its business in xiong'an new area and became the headquarters of banking financial technology company in xiong'an new area. ICBC technology and Management Committee of xiong'an new area signed the memoranm of financial technology cooperation, and Management Committee of xiong'an New Area officially started the operation of xiong'an resettlement fund management blockchain platform, which will apply the block chain technology of ICBC to realize the whole process chain management of original files of resettlement and fund penetrating allocation
on December 25, 2019, Everbright Bank and digital city company of China xiong'an group will jointly build a "digital financial technology laboratory" in xiong'an new area. Guided by the strategic needs and information construction of xiong'an new area, it will graally build a highland of blockchain commercial application research, technological innovation and talent cultivation
on March 31, 2020, xiong'an blockchain laboratory was officially unveiled. Xiong'an blockchain laboratory has three major goals: to become a new highland of blockchain research and application, an open frontier innovation base, and to explore a new model of laboratory economy. At the third anniversary of the establishment of xiong'an new area, xiong'an blockchain laboratory has special significance, which marks that the innovative practice of xiong'an New Area's blockchain has entered the stage of organization and large-scale landing, and marks a new chapter in the synchronous planning and construction of digital city and physical city in xiong'an new area
xiong'an new district is a digital city forest that has been cultivated from the seed, which is naturally suitable for the central bank's digital currency pilot. Shanghai xiongan, Shenzhen, Cheng on the left and Suzhou on the right are looking forward to the central bank's digital currency pilot projects in these four places, which will spread to the world
Cheng Digital RMB red envelope test has been launched. This attempt is very good, which can not only stimulate consumption, but also further the issuance of digital RMB. It's a good try first of all, the RMB digital red envelope can make the development of digital RMB further China's mobile payment market is huge and growing rapidly. Payment methods and procts continue to emerge, and the level of payment services continues to improve. It has become a unique landscape in the world. At present, most users have formed the habit of using electronic payment tools. On the other hand, the non bank payment market has formed a opoly pattern, with large payment institutions monopolizing data and scenarios, and a large number of transactions in the system are closed, which makes it difficult to effectively implement supervision. It not only infringes the legitimate rights and interests of customers, but also is not concive to fair competition and financial risk prevention< In this case, it is very important and urgent to issue digital RMB the sharp rise and fall of the price of digital money market represented by bitcoin and Ethernet reflect its huge volatility. The bank for International Settlements and the International Monetary Fund also pointed out that the lack of strong asset support behind the private digital currency makes it difficult to solve the problem of asset value trust. In addition, the use of private digital currency instead of legal tender in some cases is not regulated by the central bank. Private digital money is also easy to cause cross-border capital flows, cover up illegal transactions, and be used for tax evasion and other purposes e to anonymous transactions, which will affect the effect of the central bank's monetary policy
Although the issuance of digital RMB and digital RMB red envelope is only a pilot project, it has a broad prospect, because the convenience that digital RMB brings to people's life can not be described in words. It is different from the past currency and the paper currency that we commonly use. It is a proct of a new generation, a proct of cross era, and a typical representative of advancing with the times, It is also the inevitable crystallization of innovation and development{ RRRRR}
in the future, digitization is the trend of human development, and it is also the law that we must abide by. Digital RMB and its procts will lead people all over the world to the road of common prosperity and common prosperity. We must insist on using digital RMB, because it will bring us benefits, convenience and make our transactions safer, More convenient
it is a good thing for Cheng to issue 40 million yuan of digital RMB red envelopes, which can stimulate consumption and promote the use of digital RMB . The use of the digital RMB red envelope covers online and offline shopping scenarios. The online scenario is supported by Jingdong group, and the special procts in Jingdong Mall can be consumed in digital RMB. For offline, it can be used in many places in Cheng< the consumption voucher and the digital RMB red envelope are a kind of special voucher, which is one of the tools to realize economic policy
legal digital currency has value anchor, which will help to stabilize currency value and maintain the stability of price system. Under the legal digital currency system, it will maintain the autonomy of monetary policy and play the role of economic regulation, which is of great significance to the modern economy as legal tender, legal digital currency should be issued by the central bank. Considering the better transition, traditional currency and digital currency will coexist for a long time. The issue, circulation and transaction of legal digital currency follow the idea of integration with traditional currency and are managed according to the same principles
In my opinion, the significance of issuing digital currency in China is as follows:
1. Rece the manufacturing cost, transportation and circulation cost of banknotes and coins
at present, China has seven paper currency printing plants and three coin foundries, large and small. In 2001, China's currency circulation was 15.289 trillion, and in 2016, it was 151.950 trillion, It's increased tenfold in 15 years. In addition, coupled with the exchange of damaged currency, the money spent on RMB printing in China every year is not a small expense. The expenses include special paper, special metal materials, dyes, machinery and equipment, personnel and so on. In addition, the cost of transportation and circulation after printing is also a big expense. With the promotion and popularization of digital RMB, the phenomenon that RMB needs to be transferred from central banks in different places and the phenomenon that cash trucks run all over the street will be effectively improved
this advantage of China's digital currency can effectively promote the process of currency globalization in China, and has certain significance for breaking and shaking the US dollar hegemony in the future
What is the significance of Cheng's issuing 40 million yuan of digital RMB red envelopes? At present, digital currency is considered to be the core of global digital economy competition. Whether a country can take the initiative in the development and use of digital currency in the future is related to the stability of its monetary and financial system. Once the national currency is replaced by other digital currencies, a country's sovereign currency status will be threatened, the effect of monetary policy transmission will be weakened, and the financial system will be difficult to maintain stability. The central bank officially disclosed that the digital currency Research Institute of the people's Bank of China has joined the multilateral central bank digital currency bridge research project. This move by the central bank means that digital RMB is expected to step out of the country and open up international cooperation
Secondly, Cheng can promote the development of legal digital currency by issuing 40 million RMB red envelopes. Digital currency has more advantages than paper money. The Internet wave has profoundly changed the face of economy and society. With the development of mobile Internet, the dominant position of traditional banknotes is challenged. Money no longer appears in the form of paper money, but in the form of numbers. Cashless society has become a trend. The advantage of e-money is that it is simple in form and can be completed with a little change under the existing payment system; The disadvantage is that it relies heavily on the account system and has weak tamper resistance. Legal digital currency has more advantages than illegal digital currency