The influence of digital currency on financial technology in the

1. Let's first explain digital currency. The real digital currency is issued by the state, based on the national credit, and stored in the form of electronic data. This is the national legal currency that can be circulated. So far, no country has issued digital currency, so has China. Therefore, anyone claiming to be a digital currency issued by the state is a fraud. The function of legal digital currency is the same as that of paper currency. So there is no concept of investment. Just imagine, would you spend 100 yuan to buy a ten yuan RMB? bitcoin is still a virtual currency, not a real currency. Bitcoin is an encryption algorithm based on the blockchain, and the calculation results are obtained. The biggest characteristics are decentralization, uniqueness and finiteness. Because of these characteristics, it is impossible for a country to use bitcoin as legal tender. So I have no objection to using bitcoin as a target of speculation. But if bitcoin is promoted as a digital "currency", I think it is suspected of cheating, because it does not have the characteristics of national legal tender. Some people in the world are willing to accept bitcoin transaction. I think it is actually a "barter" transaction, not a real currency transaction. At present, bitnet exchange can provide the most trading pairs, and investors can participate in leveraged trading and perpetual contract trading.

2.

The digital RMB red envelope of 10 million yuan issued by Shenzhen city has brought the development of e-money back to the people's vision

in fact, since April 2020, small-scale pilot projects of digital RMB have been carried out in Shenzhen, Cheng, Suzhou and xiong'an, and the pilot scale will be expanded to 28 provinces and cities in August 2020

as a socially recognized "super outlet", in addition to the high investment of digital currency related enterprises, its impact on the financial market is also of great research value

Policy evolution of the development of digital RMB

as early as 2014, the central bank has concted research layout on digital RMB, and discussed the development framework of digital RMB with major international financial institutions and research institutions in the 2016 digital currency seminar

after six years of development, China has initially developed the "pbctfp blockchain platform" and continuously promoted the pilot activities of digital RMB. It can be predicted that as today's technology and policy outlet, digital RMB will have excellent development prospects and extremely fast development speed in the next few years

Figure 1: Policy Evolution of digital RMB

with the improvement of China's national strength, digital RMB provides an opportunity to establish a "new system of RMB cross border settlement", which can promote RMB payment activities around the world and realize the internationalization of RMB

3. Knowledge based military, intelligent weapons, digital battlefield, information war and deterrence strategy have become the basic trend of military development in the 21st century, and the discipline comprehensiveness is more prominent. In the future, any solution to military war problems, science and technology problems, social development problems and environmental problems will be highly comprehensive, and almost all disciplines and specialties can become the research objects of national defense science and technology. In 1993, the U.S. Department of defense launched an action to jointly formulate a defense science and technology plan, and proposed to the Joint Chiefs of staff the 2010 joint operations vision, the joint operations science and technology plan, the defense technology field plan, and the basic research plan, covering almost all military related science and engineering fields. The basic research program alone covers 12 disciplines, including physics, chemistry, mathematics, computer science, electronics, materials science, mechanics, marine science, earth science, atmospheric space science, biological science and cognitive neuroscience. We should change our traditional thinking, build an advanced and reasonable discipline system of national defense science and technology, create a world-class university with our military characteristics, and enrich and develop national defense science and technology in accordance with the development mode of "military, comprehensive, research and open". The characteristics of military confrontation are distinct“ The rule of "there is a spear, there is a shield". Science and technology itself is a double-edged sword, while national defense science and technology have more distinctive military antagonism: reconnaissance and anti reconnaissance, stealth and anti stealth, jamming and anti-jamming, guidance and anti guidance, destruction and anti destruction, virus and anti-virus; Tank anti tank, missile anti missile, aircraft carrier anti aircraft carrier, satellite anti satellite; Air attack and anti air attack, landing and anti landing, blockade and anti blockade; Information attack and defense, electronic countermeasure, missile attack and defense, system of systems countermeasure; Weapon informatization and information weaponization, new concept weapon and new concept weapon all embody two aspects of one problem. New concepts of weapons emerge one after another. New concept weapon is a historical category, and its breakthrough is of milestone and epoch-making significance. In the era of cold weapons, it is difficult to divide attack and defense when short soldiers fight; In the era of hot weapons, the combination of attack and defense, long-range mobility; In the era of nuclear weapons, it is extremely powerful and can deter qu bing. In the future battlefield, there will be too many new concept weapons: kinetic energy weapons such as electromagnetic energy launchers and electrothermal guns, which use electric pulse power as energy to break through the speed limit of conventional artillery systems; Laser weapons, high-power microwave weapons, particle beam weapons and other directional energy weapons have changed the traditional thinking of "gun, gun and bullet", and realized the dream of "gun without bullet, zero hour flight, direct aiming"; Gene weapons can destroy a certain race or a certain kind of people; The infrasonic weapons hide the killing machine in the silent place, which makes it more difficult for people to defend; There are also micron / nano weapons, digital intelligent robot forces... The new concept of weapons is the broad sense of weapons, which regards all means beyond the traditional military field, but still can be used in war operations as weapons. In the era of information network, man-made stock disaster, hacker intrusion, false intelligence and power failure can be included in the new concept of weapons. The new concept of weapon provides direction for the new concept of weapon, and the new concept of weapon makes the new concept of weapon fixed. New concept weapon is the concentrated embodiment of military knowledge innovation and military technology innovation. In the era of knowledge military with the rapid development of national defense science and technology, new concepts of weapons beyond the modern era emerge in endlessly, and new concepts of weapons beyond the future will continue to emerge. The al-use of military and civilian is increasingly obvious. Modern high technology is almost all al-purpose technology, with the characteristics of strong versatility. The progress of science and technology in the field of information and the Kosovo war show that the boundary between the army and the people is becoming more and more blurred. The basic science and technology involved in national defense science and technology include infrared technology, low light level technology, laser technology, radar technology, optical fiber technology, photoelectric inertial technology, integrated optical technology, computer technology, communication technology, artificial intelligence technology, virtual reality technology, and management technology. Most of them are highly versatile technologies, It can support the development and transformation of many kinds of weapon systems, and has distinct al-use characteristics. Dual use, mutual promotion, is a direction. On the one hand, in the design phase of the new system, civil technology, procts, practical experience and capabilities should be used as much as possible, and the economic bearing capacity should be fully considered; On the other hand, many key technologies of national defense are being developed or matured in the commercial and international fields. Therefore, the proction of military procts and civilian procts will rely on the same instrial base as much as possible to give full play to the advantages of economies of scale and technological innovation of civilian instry. At the same time, the military system and national defense departments will also maintain stable scientific research funds, maintain investment in key defense science and technology fields, carry out high-quality basic research, cultivate future scientific and technological teams and "smart buyers", promote cooperation between scientific research institutions inside and outside the military, accelerate technology transfer, and selectively use technology to meet social needs.

4. Digital currency exchange brings a lot of influence to the financial circle, because it is very convenient if there is no cash currency in the future.

5. The future of money is hard to predict, but virtualization and digitization are a big trend. Digital portable, energy saving, environmental protection, fast payment and other advantages are more and more respected and welcomed by people. The rapid development in China is the best example. Of course, the emergence of bitcoin has overturned people's understanding and definition of traditional currency. Bitcoin can solve some problems and shortcomings of legal currency. For example, people are dissatisfied with the devaluation caused by excessive currency issuance, the differentiated services in the traditional financial field, and people's need for privacy. Of course, bitcoin also needs to be acquired, and the cost is high. For example, bitcoin mining needs professional ASIC mining machines. These professional ASIC mining machines are expensive, but people still tend to be like cranes, indicating that bitcoin mining is still profitable. For example, the current price of the famous Avalon III 800g miner is 4.17 bitcoins, about 13000.

6.

The rise of financial technology promotes the digital and intelligent development of finance, and the form of money is also developing. With the rapid development of information network communication technology, electronic payment has been popularized rapidly, and legal digital currency is also developing< China vigorously promotes digital currency, and the development of digital currency has great positive significance for China's economic development

finally, it is difficult for users to feel the difference between digital RMB payment and third-party payment in their daily consumption. In comparison, the use of digital RMB payment is more convenient than the third-party payment , and digital RMB payment is not limited by the network and payment scenarios. Digital RMB is the financial infrastructure built by the state, and there is no charge for the cashing and redemption of digital RMB. Digital RMB can be used to pay third-party payments. However, for those who need convenient electronic payment, people without financial accounts can also use digital RMB< Digital RMB supports controllable anonymity, which can better protect users' privacy