Facebook virtual currency and wechat payment
WeChat payment, Alipay, mobile payment, all belong to the network virtual currency, all of these three belong to China's legitimate trading means, and are protected by relevant laws. p> The network virtual currency refers to the online equivalent, which is stored in the network or related electronic equipment in the form of digitization by a certain issuing body based on the public information network and by means of computer technology and communication technology, and realizes the functions of circulation and payment by means of data transmission through the network system
extended information:
the third party payment has significant characteristics:
1. The third party payment platform provides a series of application interface programs, which integrates a variety of bank card payment methods into one interface and is responsible for docking with banks in transaction settlement, making online shopping faster and more convenient
Compared with other payment protocols such as SSL and set, the third-party payment platform is more simple and easy to accept The third-party payment platform itself is attached to the large-scale portal website and relies on the credit of the bank with which it cooperates. Therefore, the third-party payment platform can better break through the credit problems in online transactions and promote the rapid development of e-commerce1、 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>
extended data
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 currency3. Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough
10 10, two major domestic payment giants Alipay and WeChat simultaneously voicing, prohibiting the use of platforms in virtual currency transactions. Why did Alipay and WeChat voice at the same time? The reporter understands that this may be related to a dynamic trend of a virtual trading platform in the near future. P>
Alipay and WeChat: once found and resolutely retreated,
has repeatedly banned payment agencies to provide virtual
services. In fact, the central bank and its branches have repeatedly requested payment agencies not to provide services for virtual currency transactions.
as early as the end of 2013, the central bank and other ministries and commissions issued the notice on preventing bitcoin risks, which made it clear that all financial institutions and Payment institutions should not price procts or services with bitcoin, buy or sell bitcoin or act as central counterparties, underwrite insurance business related to bitcoin or include bitcoin in the scope of insurance liability, Shall not directly or indirectly provide customers with other services related to bitcoin, including: providing customers with bitcoin registration, trading, clearing, settlement and other services; Accept bitcoin or use bitcoin as a payment and settlement tool; Carry out bitcoin and RMB and foreign currency exchange services; Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin; Take bitcoin as the investment target of trust, fund, etc
in September 2017, the central bank and other seven departments jointly issued the announcement on preventing the financing risk of token issuance, which stipulates that financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance financing and "virtual currency"
similarly, the business management department of the central bank issued a notice in January 2018, requiring all legal person Payment institutions under its jurisdiction to carry out self inspection and rectification work in their own units and branches, forbidding to provide services for virtual currency transactions, and taking effective measures to prevent payment channels from being used for virtual currency transactions
Bitcoin was born on January 3, 2009, which has a history of 10 years. The value of bitcoin has soared from zero to US $19850, the highest point in 2017. And most people have been concerned about cryptocurrency and bitcoin since then. Before that, most people would think that bitcoin was just an "internet currency", similar to q-coin
but after the sharp rise of bitcoin in 2017, more and more people began to pay attention to cryptocurrency, understand cryptocurrency, invest in cryptocurrency, and long for cryptocurrency to bring rich economic returns. However, after several in-depth studies, bitcoin is the only cryptocurrency with value and significance. The reasons are as follows:
the total supply of bitcoin is constant. As time goes on, bitcoin will become more and more rare and become a very good means of value storage, similar to gold. In the past 10 years, this function of bitcoin has become a consensus
bitcoin is the leader in cryptocurrency, which is an absolute consensus in this instry. Looking back over the past few years, among the top ten cryptocurrencies in terms of market value, only bitcoin has always been the first, and the remaining counterfeit currencies are all in the past
On July 17 local time, the US House Financial Services Committee held a hearing on Facebook's cryptocurrency Libra as scheled. Although some members praised Libra's innovation, the tone of the hearing was hostile, and it was clear that Facebook had no clear path to start Libra. Members expressed strong doubts about Facebook's entry into cryptocurrency and finance before resolving issues such as privacy leakage and election intervention
"this is not Silicon Valley," Nydia Velasquez, a New York congressman, told Marcus, who is in charge of the Libra project, "you can't solve problems while doing."
Facebook CEO Zuckerberg wants to be an advocate of privacy protection, but he has developed tools to provide privacy protection for drug dealers, human traffickers, terrorists, tax evaders and sanctions for tax evaders. Given the potentially huge scale of the Libra project, he questioned why Marcus took Zuckerberg's place in Congressalthough many members of both parties have expressed concerns and doubts about Libra plan, some Republicans believe that the government should not instinctively oppose the new ideas of the private sector. Some point out that Libra can benefit people who have difficulty getting access to traditional banking services