Advantages and disadvantages of virtual currency payment
digital currency is also different from virtual currency. For example, the well-known Q coin and the money recharged in various games are virtual currency. These virtual currencies can only be purchased with real currency, but cannot be converted into real currency
in the world, bitcoin is probably the most famous digital currency. In addition, there are "Wright coin", "Dog Coin" and "Yuan Bao coin" in China.
(1) Bitcoin was originally a kind of network virtual currency to buy real-life goods
(2) advantages:
< UL >completely decentralized, without issuing institutions, it is impossible to manipulate the number of issues
anonymity, tax exemption and supervision free
robustness. Bitcoin is completely dependent on P2P network and has no distribution center, so it cannot be shut down externally
cross border
it's difficult for the cat to survive
(3) disadvantages:
< UL >the vulnerability of trading platform
transaction confirmation takes a long time
the price fluctuates greatly
the public did not understand the principle, and the traditional financial practitioners resisted
Advantages and disadvantages of e-money
advantages:
1, convenience
2, security
3, general
4, increasing social benefits
disadvantages:
1, strong support from a third party
2, new risks
3, limited scope of use
e-money is based on electronic computer technology for storage, payment and circulation; It can be widely used in the fields of proction, exchange, distribution and consumption; Set financial savings, credit and non cash settlement and other functions as one; E-money is easy to use, safe, fast and reliable; At present, the use of e-money usually takes bank card (magnetic card, smart card) as the media
extended data
e-cash exists in the form of digital information and circulates through the communication network. In its life cycle, e-cash goes through three processes: withdrawal, payment and deposit, involving users, businesses and banks
the basic circulation mode of e-cash: the user and the bank execute the withdrawal agreement to withdraw e-cash from the bank, the user and the merchant execute the payment agreement to pay e-cash, and the merchant and the bank execute the deposit agreement to deposit the e-cash obtained from the transaction into the bank
source of reference: Internet - e-cash
According to the official announcement, digital assets and RMB recharge functions will be closed at 12 noon on September 27, and all trading functions will be closed at 12 noon on September 30. So far, bitcoin trading was officially sentenced to death
some people applaud the state's move to control bitcoin transactions, believing that this money laundering tool should have been closed long ago the invention of bitcoin in the United States disturbs the Chinese market. We should learn from Russia's ban on bitcoin. Although bitcoin makes money, it is not good for the development of the country because it is divorced from the real economy. Many young people are addicted to bitcoin and lose both money and people
however, at present, the state only restricts it, but it has not been completely banned. Big exchanges can not provide bitcoin exchange, so many of them go underground, making it more difficult to control
for young people, the state has banned trading, so it is too risky to re-enter the bitcoin market, so they should be cautious to intervene, and regret if they break the law
this is the meaning of blockchain payment. Let the payment be fairer, let the payment get rid of the middleman's profit margin
there is still a serious problem in traditional payment. Many users have encountered the bad experience of being swiped and dected by the shop assistant several times because of poor signal. At this time, the shop assistant sometimes doesn't admit that he has dected too much money, and the system can't find it. Or the record is deleted by the business, and the rights and interests of users are easily trampled
and blockchain payment, every transaction, can not be tampered with. If the transaction is not successful, it will not be dected, and the business can not tamper with the transaction history. If there is more money dection, it can be seen at a glance, and anyone can view it in the blockchain browser. This is the advantage of blockchain payment.
was proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed
bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation
the decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions
the biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity
on December 17, 2017, bitcoin reached an all-time high of $19850.
at present, the well-known providers of domestic online payment platform services mainly include Shouxin "easy payment", Yida Xindong, cloud net, etc. Among them, the service scope of platform service providers such as Shouxin and Yida Xindong has spanned B2B, B2C, C2C and other fields, accumulated a certain number of fixed users at home and abroad, and occupied the congenital business background advantage. With the rise of online games in China, cloud net has become a black horse in the electronic payment instry
Free: Alipay, fortune com, PayPal
charges: speed remittance, online banking, fast cash, ring IPS, first letter payment, cloud network, YEEPAY
third party platform settlement payment mode has the following advantages:
(1) is more secure, credit card information or account information only need to inform payment intermediary. Without telling every payee, the risk of credit card information and account information losing secrets is greatly reced
(2) the payment cost is low, and payment intermediaries concentrate a large number of electronic small transactions, forming scale effect, so the payment cost is low
(3) easy to use. For the payer, what he is facing is a friendly interface, without considering the complicated technical operation process behind
(4) payment guarantee business can protect the interests of the payer to a great extent
the settlement payment mode of the third party platform has the following disadvantages:
(1) this is a payment mode of virtual payment layer, which requires other "actual payment methods" to complete the operation of the actual payment layer
(2) the bank card information of the payer will be exposed to the third-party payment platform. If the credit or confidentiality of the third-party payment platform is not good, it will bring relevant risks to the payer
(3) the legal status of the third-party settlement and payment intermediary is lack of regulations. Once the third-party settlement and payment intermediary is bankrupt, the "electronic currency" purchased by consumers may become bankruptcy claims and cannot be protected;