The relationship between central bank digital currency and third

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

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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.

1、 Different monetary attributes

1. Digital currency:

digital currency belongs to legal tender

2. Wechat:

wechat belongs to the third-party payment instrument

3, Alipay:

Alipay belongs to the third party payment tool. p>

2. Different issuers

1. Digital currency:

the issuer of digital currency is the central bank

2. Wechat:

the clearing Party of wechat is a commercial bank

3, Alipay:

Alipay's settlement party is commercial bank. p>

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in the third-party payment mode, the buyer uses the account provided by the third-party platform to pay for the goods (to the third party), and the third party notifies the seller of the arrival of the goods and requires delivery; After receiving the goods, inspecting the goods and confirming, the buyer shall notify the third party for payment; The third party transfers the money to the seller's account

digital currency can be considered as a virtual currency based on node network and digital encryption algorithm. The core characteristics of digital currency are mainly reflected in three aspects:

1. Due to some open algorithms, digital currency has no issuing subject, so no one or organization can control its issuing

Because the number of algorithm solutions is determined, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by the overuse of virtual currency

3. Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough

3. China will implement the central bank to set up money and the market to set up money coexistence Payment institutions. Who said that? Zhou Xiaochuan, governor of the people's Bank of China, said this

4.

digital RMB is money, Alipay and WeChat are wallets, which is the most essential difference between and . Strong> in addition, the difference between digital RMB and Alipay and WeChat payment is that the platform transfer method is different and the process is different. Strong>

1. Platform transfer is different. The mobile payment platform such as Alipay and WeChat, which we are using now, is just a platform proct for payment. It can not proce money in itself, and its own procts can only be used in its own system,

. transfer and other operations cannot be performed between different payment platforms . The biggest reason is that the amount shown by each payment platform is only for its own platform, and it cannot be circulated on other platforms

but Digital RMB is different. it adopts advanced digital encryption technology, which is recognized among various platforms , that is to say, if you have digital RMB, you can transfer, trade and settle accounts among multiple payment platforms, which greatly facilitates the use in daily life. In addition, it has a special mark, which is also a good blessing in digital security. There are state endorsements behind it, not to mention the problems of bankruptcy and inability to exchange cash

Second, different processes

at this stage, all payment platforms have to transfer the clearing function to the central bank to complete , which means that a large amount of data storage, transfer and calculation are needed between the payment platform and the major banks and the central bank, which is a large part of the cost investment< while digital RMB eliminates a lot of intermediate links and processes , greatly recing the data flow process and joint points between the payment platform and the bank. From this point of view, this is the great progress of the financial instry

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the key concept of digital RMB is as follows:

Digital RMB is legal tender in digital form issued by the people's Bank of China, which is operated by designated operating institutions and exchanged to the public. It is based on the generalized account system, supports the loose coupling function of bank accounts, and is equivalent to banknotes and coins, It has the characteristics of value and legal compensation, and supports controllable anonymity

There are two key points in the concept of digital RMB. One is that digital RMB is legal tender in digital form; Another point is that it is equivalent to banknotes and coins. Digital RMB is mainly positioned at M0, that is, banknotes and coins in circulation

5.

Ten years ago, people went shopping with a lot of cash. However, with the development of the times and the progress of science and technology, people rarely carry cash when they go out, just a mobile phone is enough. With the popularity of Alipay and WeChat, more and more people can get rid of the inconvenience brought by cash and enjoy the convenience and speed brought by technology. However, following the payment of Alipay and WeChat, a new currency appeared: digital money. p>

to a certain extent, digital currency is easier to manage, and there is no way to hide funds, so it is very helpful for the supervision of some criminal activities. Moreover, there are essential differences between digital currency and bitcoin which is popular in the market. If the central bank really starts to promote digital currency, will ma Yun and Ma Huateng have a way to deal with it? What kind of payment method would you choose? Welcome to discuss

6. What's your husband's idea? If he really wants to do things by himself, he should learn from his uncle and go shopping. At the beginning, he must do more chores, but he should be careful. He should not be willing to do this. He should timely put forward his idea to his uncle and ask to be involved in many aspects of engineering construction, such as procurement, negotiation, acceptance and so on

the roads are all made by yourself and planned by yourself. It is basically impossible to wait for others to plan for you. Your husband must have a heart to start his own business or work with his uncle.

7. The business scope of CICC is as follows:
1. The brokerage business of RMB special stocks, RMB ordinary stocks, overseas issued stocks, domestic and overseas government bonds, corporate bonds and corporate bonds; 2、 Proprietary business of RMB common stock, RMB special stock, overseas issued stock, domestic and overseas government bonds, corporate bonds and corporate bonds; 3、 The underwriting business of RMB common stocks, RMB special stocks, overseas issued stocks, domestic and overseas government bonds, corporate bonds and corporate bonds; 4、 The initiation and management of the fund; 5、 Corporate restructuring, acquisition and Merger Consultant; 6、 Project Financing Consultant; 7、 Investment consulting and other consulting business; 8、 Foreign exchange trading; 9、 Foreign exchange assets management of overseas enterprises and domestic enterprises with foreign investment; 10、 Interbank lending; 11、 Customer asset management. 12、 Online securities commission business; 13、 Margin trading business; 14、 Selling financial procts on a commission basis; 15、 Selling securities investment funds on a commission basis; 16、 Provide intermediary business for futures companies; 17、 Other businesses approved by financial regulatory authorities Projects that need to be approved according to law shall be operated according to the approved contents after being approved by relevant departments.)

it is suggested to limit the scope of business. It is impossible to issue virtual currency. The virtual currency you hear may be handed down currency, so it is suggested to stay away from it. It is suggested to play with mainstream virtual currencies, such as bitcoin, Fuyuan coin, dogcoin, etc.

8.

digital currency compares with Alipay: digital currency is equivalent to RMB with legal compensation. Digital currency is more perfect and convenient01 and the central bank say there is no competition between digital money and Alipay. p> On October 12, digital currency was tried in a district of Shenzhen. It is precisely because of this that digital currency officially came into people's sight. Digital currency has appeared before, but it is not digital RMB, but in other ways

many people speculate whether the arrival of digital money will have an impact on WeChat and Alipay payment. Mu Changchun, director of the digital Monetary Research Institute of the Chinese people's Bank of China, on 25 June, said that there was no competition between digital money and Alipay 10.

but if the transaction amount is relatively large, it needs identity verification , and it is more secure, for every money, the central bank can find out where it is going, know who the other party is , and put an end to some unidentified transactions and some scams