Digital currency is expected to come next year
according to media reports, the people's Bank of China has completed a test on December 15, which shows how to conct transactions and clearing in the distributed ledger system
it is reported that this test was concted jointly with China's mainstream commercial banks, including ICBC, Bank of China and Weizhong bank< The report reads: "the people's Bank of China believes that digital currency can not only rece circulation costs, but also increase transparency, inhibit money laundering and tax evasion."
the report even suggests that Shanghai bill exchange pilot digital currency and set up a national bank bill transaction. At the same time, the people's Bank of China will also establish a digital currency Research Center, and is recruiting experts in big data, cryptography and blockchain technology< The report comes after Zhou Xiaochuan, the governor of the people's Bank of China, issued a statement in February in which he hinted that the people's Bank of China was considering using blockchain to issue digital currency
moreover, this test was concted at the time when the people's Bank of China launched an investigation into China's bitcoin exchange, which started early this month and has led to many changes in trading policies
as the world's first standard digital currency, Puyin takes 1 billion Tibetan tea as the primary standard asset, writes 1 billion Tibetan tea assets into the blockchain through digital encryption technology, and records the identification, evaluation and right confirmation of Tibetan tea.
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has a significant difference
the token on the Ethereum blockchain is called ether, and its code is eth. It can be traded in many cryptocurrency markets, and it is also the medium used by Ethereum to pay transaction fees and computing service fees
xem is a new type of digital virtual coin based on Java. It adopts the newly invented synchronization solution based on proof of importance poi. It is said that xem is the first cryptocurrency to realize multi signature at the block chain level
in fact, bitcoin, Leyte or ether can be bought and sold in 2019. The important thing is that virtual currency can also be bought and sold in the form of contract transaction
the so-called contract transaction means that no matter whether the market price is rising or falling, as long as the correct trading direction can be judged at the corresponding time, the investors can make profits, and the transaction cost as low as $5 in the realm Kingdom makes it easier for ordinary investors to participate in it
in general, 2019 is full of new opportunities, and some potential digital currencies have also been well developed to a certain extent. But when we invest, we must not be too careless. We must choose a formal and secure platform.
Zhou Xiaochuan pointed out that as legal tender, digital currency must be issued by the central bank. The issue, circulation and transaction of digital currency should follow the idea of integration of traditional currency and digital currency, and implement the same principle of management. That is to say, q-coin and the like are definitely not good
as for whether to use blockchain technology to create digital currency. Zhou Xiaochuan said that the blockchain technology is an optional technology, but so far, the blockchain still occupies too many resources. Whether it is computing resources or storage resources, it can't cope with the current transaction scale, and whether it can be solved in the future depends on it. Zhou Xiaochuan said that in addition to blockchain technology, the digital currency research team of the people's Bank of China has also concted in-depth research on other related technologies involved in digital currency, such as mobile payment, trusted and controllable cloud computing, cryptographic algorithm, security chip, etc
in addition, Zhou Xiaochuan also mentioned that there is a lot of discussion about "51% attack" (assuming that indivials have 51% of the computing speed of the whole network, they can realize double payment, reverse transactions, paralyze the whole network, and completely lose the transfer function). More specifically, compared with the special currency, bitcoin does not need the central bank. Zhou Xiaochuan mentioned that for the digital currency controlled by the central bank, a series of technical means, mechanism design and laws and regulations will be adopted to ensure the security of the digital currency operation system, which is different from the design idea of bitcoin from the beginning
as for the digital currency timetable, Zhou Xiaochuan said that there is no established timetable. The relationship between digital currency and cash will be parallel and graally replaced for quite a long time. For reference.
all members of the group on "instrial evolution through distributed ledgers" hope that CBDC will be set up for specific financial institutions. BT110
but everything has two sides, there is a good side, there is a bad side for example, if there is a large-scale economic crisis in the future, how can we promulgate relevant solutions to the e-money that we are not familiar with? We have been using paper money for a long time. Although we can't completely control the economic crisis, we still have relevant experience, but we don't know anything about electronic money
first, after China, Thailand will also test the digital currency of retail central bank next year
On April 2, an assistant president of Thailand said that the Bank of Thailand will start testing retail central bank digital currency in the second quarter of next year, and then it will be fully implemented in the next three to five years, Reuters reported. Vachira arromdee, vice president of Bank of Thailand (BOT), pointed out at a briefing that retail CBDC aims to provide convenient and safe financial services. She also said: & lt; This will not affect Thailand's financial system. Vachira arromdee pointed out that the Bank of Thailand will seek public opinions before June to develop this type of digital currency < / blockquote >
four, digital currency can monitor the context of all money
all my friends are saying that China wants to control the digital currency. Now they are desperately exchanging money for fear that it will be difficult to take money abroad in the future
also, digital currency can control the whereabouts of , for example, you can't transfer your meal money to the car selling account. I don't need to say the effect. But now we seldom use paper money, all of which are transferred with WeChat Alipay, all numbers. p>
digital currency relies too much on mobile phones, and its disadvantages are unpredictable. People's lives are always changing, which makes people feel turbulent and uneasy strong>
the DCEP issued by the central bank is a digital currency, which is very similar to Alipay and WeChat payment. But it is different from Alipay and WeChat, because it is more like paper money, and the third party can not get the information from both sides of the transaction. It is anonymous and centralization, and the endorsement of the state can be assured.
what is the use of central bank digital currency
from the perspective of the central bank, if the central bank wants to put in funds, it doesn't need these scientific and technological means to trigger conditions at all, it could have done it
for users, they have one more option when paying. Users only need to download the central bank's digital currency wallet app, and then associate with their existing bank accounts to exchange the previous banknotes into the corresponding digital currency
for the current mobile payment, users are still accustomed to using Alipay and WeChat to pay. But how to say? Personally, Alipay was originally a professional payment software, but after all these years of development, the Alipay interface is extremely complex, and the user experience is not very friendly.
as for wechat payment, wechat started from social networking at first, and has evolved from professional social software to comprehensive software in recent years. To put it plainly, whether it is Alipay or WeChat, it seems that it has deviated from its original intention. This may bring opportunities to the central bank's digital currency
when will central bank digital currency become popular
according to the bank, considering that the early digital RMB is only limited to the pilot, it will not be issued in large quantities and promoted comprehensively in the short term, and the speed of currency circulation will also maintain a normal level
many people say that digital money has no effect on Alipay. I beg to differ. As Ma Yun said, sometimes it's just a document that beats you. What is the impact of the central bank's digital currency on Alipay? Let's wait and see.