UBD digital currency price
In recent years, the people's Bank of China has steadily promoted the R & D pilot work of digital RMB, which has its profound meaning. from the macro level, under the challenge of encrypting assets and stabilizing global currency, this is a positive response
fan Yifei, vice president of the people's Bank of China, once wrote an article: "in recent years, encrypted assets such as bitcoin and global stable currency have tried to play their monetary functions, and a new round of game among private currency, foreign currency and legal currency has begun. In response to this situation, it is necessary for the state to use new technologies to digitize M0 and provide a universal base currency for the development of digital economy. " In addition, digital RMB will greatly facilitate the cross-border clearing of RMB, better assist the process of RMB internationalization, and help the people's Bank of China to conct monetary policy more accurately
from the medium level, on the one hand, Digital RMB can improve the supervision ability of capital flow . Digital RMB adopts controllable anonymity mechanism. The people's Bank of China has full information and can use technology to analyze transaction data and capital flow, prevent and combat money laundering, terrorist financing, tax evasion and other illegal and criminal acts, and effectively maintain financial stability. But at the same time, the people's Bank of China has made it clear that the traceability is controllable and the privacy of users will not be infringed
on the other hand, paper RMB is easy to be damaged in the process of circulation, so it needs to be supplemented and issued all the time. At the same time, anti-counterfeiting technology needs to be continuously improved, so the cost of currency issuance has been high, and the emergence of digital RMB will undoubtedly greatly save this cost
from the micro level, Digital RMB will also further improve the efficiency and popularity of electronic payment. Many small shops used to have a view that the fees were too high to work for banks, WeChat and Alipay. In the past, customers had to pay the service charge for credit card stores, and the fees for Alipay were also inevitable. Now digital RMB, on the one hand, does not charge fees, on the other hand, it can arrive at the account in real time, which helps to improve the efficiency of merchant's capital turnover and solve the liquidity problem of small and medium-sized enterprises
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characteristics of digital RMB
Digital RMB is a real currency, behind which is the national credit, and the corresponding relationship with the traditional RMB cash value is 1:1, with legal compensation. Like the traditional paper money, it can only be issued by the central bank. It also follows the traditional two-tier delivery system from the central bank to the operating agencies, that is, the people's Bank of China first converts the digital money to banks or other operating agencies, and then these agencies convert it to the public
In order to achieve the goal of Tongzheng economy, Eddie Chong, together with Dr. Xu Gang, CO chairman of the world digital Cooperation Organization (wdec), and blockchain experts in the instry, launched a new book "Tongzheng era"
engaged in insurance instry from 2011 to 2013. With his strength and efforts, Eddie became one of the top 100 insurance agents in Malaysia in 2013
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Eddie is currently the executive chairman and global president of UBD
Eddie is not only a senior entrepreneur, but also a business strategy consultant for more than 100 companies. Eddie established the youbeidi fund in 2019, mainly to incubate real enterprise projects as the main body. At present, it has invested a lot in games, catering chain stores, medical and online enterprises, with ubex, chain game players, foodstuff mainland, Huoyan society and digital assets as the focusx infinity and X-Pay payment were founded in 2017. X infinity, founded by Eddie, won the GNS Genesis "best Internet Finance Award" and Satoshi united "best encrypted digital currency wallet award of 2018"
Uberdi is not a regular company. It uses the concepts of virtual currency and blockchain to create fraud
on March 31, 2021, China UnionPay issued a special statement, the full text of which is as follows:
recently, our company has been concerned about the information of publicizing the issuance of ubank digital asset UnionPay card and developing virtual currency business in the name of "uberdi" on the Internet. After verification, China UnionPay has never carried out any cooperation with "uberdi" and never issued UnionPay cards with ubank digital assets
here, UnionPay specially reminds cardholders to guard against fraud created by the concept of virtual currency and blockchain, and safeguard their legitimate rights and interests
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five departments, including the CIRC, issued a reminder that some criminals, under the banner of "financial innovation" and "blockchain", absorbed funds by issuing so-called "virtual currency", "virtual assets" and "digital assets". This kind of activity is not really based on blockchain technology, but on the hype of blockchain concept, illegal fund-raising, pyramid selling and fraud
this kind of activity takes "financial innovation" as a gimmick, and its essence is the Ponzi scheme of "borrowing the new to repay the old", so it is difficult to maintain the capital operation for a long time. The general public should treat the blockchain rationally, not blindly believe in the promises, should establish a correct investment concept, and effectively improve the risk awareness
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