August 26 Hangzhou blockchain

1. For G20 mechanism, Hangzhou summit is the node of transformation from crisis response to long-term governance. The G20 summit mechanism initially emerged e to the urgent need to deal with the crisis, while the mission of achieving sustainable development in 2030 requires the G20 to transform to long-term governance. This year, the G20 has further improved its governance structure and established more ministerial meeting mechanisms to strengthen its long-term governance capability. In order to achieve global development, the G20 Hangzhou summit also invited ASEAN, African Union, new partnership for Africa's development and the group of 77 to participate in the meeting, which better reflects the theme of "inclusiveness"
at present, all countries are living in the community of human destiny of "you have me and I have you". No country can walk out of the economic crisis alone and achieve sustainable development. Only in "innovation, vitality, linkage and inclusiveness" can we achieve common prosperity.

2. Hangzhou is considered to be one of the "top four blockchain innovation cities in China", and it is in the forefront of the research and application of blockchain technology in all cities in China. Blockchain Instrial Park is also developing more rapidly than other regions. For blockchain Instrial Park, in fact, the implementation of blockchain application is very important. This year, launched by Changsha high tech Zone blockchain Instrial Park, there is a SMIC blockchain service platform project, which is a blockchain application implementation project and a blockchain + public service mode. Enterprises are being recruited to join the chain. This platform is now a provincial key blockchain development project.

3.

in the shock stage after the early surge, the stock has a great chance to continue to shock next week

My humble opinion is for your reference

4. Hefei, Anhui Province

5. What opportunities and challenges does the emergence and use of e-money bring to the monetary management of banks

in the era of economic globalization, with the development of information technology, great changes have taken place in people's proction and lifestyle, which also further promotes the development of monetary form. As a new form of money, e-money has become an indispensable part of today's economy with the advantages of convenience, quickness and accuracy. Its importance is graally strengthened. At the same time, the development of e-money has also brought many opportunities and challenges to the monetary management of banks<

opportunities:
1. Reced the deposit reserve and excess reserve of commercial banks
firstly, the central bank has not yet collected deposit reserve for e-money. The electronic currency issued by financial institutions performs the basic function of currency exchange medium and plays the role of replacing deposits and cash. However, it deviates from the financial system and does not pay the deposit reserve. Secondly, the central bank determines different ratios of deposit reserve ratio according to the liquidity of money. The stronger the liquidity is, the higher the deposit reserve ratio is. Due to the rapid conversion of e-money, it can be classified as current deposit or fixed deposit. In this way, it is possible for commercial banks to pay less deposit reserve, and ultimately rece the efficiency of legal deposit reserve ratio. Third, e to the short conversion time and low cost of e-money assets with different maturity structures, it is unnecessary for commercial banks to hold higher excess deposit reserve of the central bank, thus recing the source of deposit reserve of the central bank. On the other hand, the convenient and quick payment and settlement means of e-money rece the economic transaction cost, and the interest income in the form of current deposit or even time deposit is the opportunity cost of cash assets

2. The widespread use of e-money has greatly reced the operating costs of banks, accelerated the circulation speed of money, and improved the service efficiency of banks.
for banks, usually a large amount of money is needed for counting, bookkeeping, storage, transportation and security, but the rapid development of e-money can greatly simplify these work, And save the high cost of handling coins and notes. With the help of computer information technology, electronic money can play the role of transaction, circulation and payment with the help of electronic information flow, which will inevitably rece the transaction cost and improve the circulation and transaction speed of money market and commodity market

3. It is convenient for transfer and transfer between different branches within the bank< The transformation of the national economic development mode will focus on stimulating domestic demand, and the development of bank credit card instry is facing a golden opportunity< In addition to the original banking business, commercial banks have also launched new businesses, such as handling deposits and withdrawals outside the counter, opening personal financial accounts such as consumption accounts, investment accounts, foreign exchange trading accounts, etc., to handle personal consumption credit, ecation investment credit, portfolio tools, etc, Actively contact with large shopping malls, supermarkets and other units that use electronic money frequently, set up POS machines in the above units, connect banks, units, governments and indivials, and form a huge service network with commercial banks as the core
6. The change of the marketing mode of entering the bank
the emergence of e-money has an important impact on the total circulation scale of e-money among commercial banks, other financial enterprises and non-financial enterprises, so that the functions of commercial banks will undergo a major transformation, and there will be fierce competition among commercial banks for the market share of online e-money payment and settlement, Promote the bank to establish the main customer-oriented marketing, and strive to occupy more customers<

challenge:
1. China's annual consumption of e-money has increased significantly since 2003, and the income brought by e-money consumption to its issuers has also increased significantly. If commercial banks do not strive for more e-money issuing qualifications or stay at the current e-money business service level, they will lose their share of e-money business income

2. If commercial banks issue e-money, when users purchase e-money initially, the traditional money deposits of users decrease, the e-money deposits increase, and the traditional money deposits of society also decrease. If the central bank does not draw the deposit reserve for e-money deposits of commercial banks, the total amount of e-money deposits will continue to increase with the use of e-money for payment; Correspondingly, the deposit creation process of traditional money will stop, so the total amount of traditional money deposits of commercial banks will decrease, and then the deposit reserve will decrease.

6.

At present, there are many mutual insurance companies, but the mutual insurance platform that uses blockchain technology only has mutual assistance. It can be regarded as the network mutual assistance platform (mutual insurance) that really applies blockchain technology and lands. Not all mutual insurance companies are using blockchain technology, just the concept of blockchain

How to buy insurance, which is better, hand in hand to teach you to avoid these "pits" of insurance