New York consensus on digital currency

1. So far, we can't buy the digital currency issued by the central bank, but it's coming soon
according to the news on August 10, Mu Changchun, deputy director general of the payment and Settlement Department of the people's Bank of China, said at the third China finance forum that the central bank's digital currency will soon be launched and will adopt a two-tier operation system, that is, the people's Bank of China will be the upper tier and commercial institutions will be the second tier< As for why the central bank's digital currency chooses the "two-tier operation system", Mu Changchun explained:
1. The central bank's digital currency is bound to face the retail scene and the public, while the performance of bitcoin and Libra can not meet the high concurrency. After a period of research, it is decided to adopt the two-tier system
2. It is a complex system engineering for big countries to issue central bank digital currency
3. The IT infrastructure application and service system of commercial banks and other institutions have been relatively mature, the user base is huge, and the service habit has been formed; There are plenty of talents and it experts; The system has strong processing ability, and has accumulated some experience in the application of financial technology
4. Through the design of two-tier operation, risk can be avoided to concentrate on a single indivial
5. Single layer investment will lead to "financial disintermediation". If the central bank directly releases digital money to the public, it will crowd out the deposits of commercial banks and affect the loan delivery ability of commercial banks; In extreme cases, it will also subvert the existing financial system, leading to the "grand unification" of the central bank
6; It will not affect the existing monetary policy transmission mechanism
7. The central bank will not preset the technology route, any advanced technology may be used in the research and development of the central bank's digital currency; The boundary between electronic payment and central bank digital currency is fuzzy; It can fully mobilize market forces and realize system optimization through competition
it can be seen that the central bank has recognized the legitimacy of bitcoin and Ethernet in disguised form. However, the central bank's digital currency is different from the traditional blockchain digital currency. It is 1:1 anchored RMB. I regard it as RMB digitization. The central bank's digital currency, paper money, coins and bonds exist at the same time, but in different ways. It is a kind of stable currency, and there is no room for speculation
at the beginning of this year, the most influential event of digital currency is Facebook's upcoming launch of digital currency Libra. If successful, it will bring 3 billion Facebook users into digital currency. However, Libra has not included the RMB in its basket of currencies. Coupled with the sweater war and exchange rate war with the United States, this may be the reason why the central bank urgently launched the central bank's digital currency. It is said that Wal Mart will also launch digital currency. With JPMorgan's issuing currency before, it can be predicted that traditional business giants will enter the era of blockchain digital currency one after another
the issuance of digital currency by the central bank may be a great benefit to the users of China's currency circle. Due to some policy reasons, the users' access to the digital currency world is not very smooth, which is the problem of difficult access to money. The most common stable currency, usdt, does not seem to be very stable and over issued seriously. In addition, the attorney general's office in New York investigates TEDA and other reasons, There may be a risk of thunderstorm at any time. According to statistics, about 80% of the users who use usdt are Chinese users, while the United States uses USD directly, and a few will use usdt. If the central bank introces digital currency, it will greatly facilitate digital currency users
finally, the other role of the central bank's digital currency is cross-border trade settlement. If it is combined with Alipay and WeChat payment, it will compete abroad and compete with Libra internationally.

2.

Entity token is the token that condenses the contribution value of entity, that is, the incentive token issued by entity enterprises to users according to their value creation behavior by using blockchain technology. For example, consumption rebate, click advertising rebate, etc. are suitable for users' online and offline consumption and interactive scenes

Tong Zheng is the most beautiful flower and fruit of blockchain technology. They are inseparable. The most important thing of Tong Zheng is to confirm the right of assets and transaction behavior in an economy. There are many types of pass, such as equity type, currency type, physical type and so on

for example, in the past, it was very easy to confirm the rights and interests of goods, but it was very difficult to confirm the rights and interests of enterprises. In the future, many business models will change because of the introction of token, such as the business model of franchisees and agricultural cooperatives. Such business fields as points, crowdfunding, franchise and distribution can be reshaped by token economy, Digitize assets and behaviors

extended data

when blockchain technology is applied at different levels, it will proce different efficiency improvement or other social values. At the level of distributed ledger, in the past, bookkeeping was through a certain organization, but in the era of blockchain, it is possible to rely on consensus mechanism for distributed bookkeeping. Its advantage is tamper proof, which can be used in many fields

for example, the efficiency of electronic invoice has been greatly improved, which no longer needs the management of tax bureaus, and the information can not be tampered with. This kind of account book technology, which is only used for blockchain, is also a non currency blockchain that has been discussed more at present, which can increase the credibility. The efficiency of the shipping instry can be greatly improved by using the public ledger, that is, the alliance chain

in the value transmission network, there can also be blockchain. Through blockchain, a technology of credit construction, a network of point-to-point value transmission is constructed. For example, Ruibo carries out clearing through the blockchain network, and then makes payment. All capital flows are traceable

3. Just the day before yesterday, the central bank openly recruited digital currency talents and increased research in the field of digital currency and blockchain, which fully shows that China has recognized digital currency and blockchain, and also implies that digital currency and blockchain will affect the future finance
internationally, Japan has unconditionally supported bitcoin, the European Central Bank has said that it will not regulate bitcoin, bitcoin continues to prevail in the United States, and South Korea has incorporated bitcoin into its bulk commodities. Bitcoin is everywhere, and its popularity is so high that how can the price not rise
of course, bitcoin has not been smooth sailing this year, and it can even be said that it is "ill fated". What's wrong? Let's look below:
on January 5, 2017, bitcoin broke through the historical high of three years ago, broke through the 8000 yuan mark, and once soared to 8873 yuan
then, on January 6, the people's Bank of China and its Shanghai headquarters interviewed three bitcoin exchanges in Beijing and Shanghai, namely, fire coin.com, bitcoin.com and bitcoin China. They were asked to carry out self-examination on recent anomalies and carry out corresponding rectification
as a result, bitcoin prices plummeted to 4944 yuan a few days later
on April 1, 2017, Japan recognized the legitimacy of bitcoin and other virtual currency payment means, and the "Payment Service Amendment Act" officially signed by the Japanese cabinet came into effect. In addition, e to the uncertainty of trump policy, the US Securities and asset markets are volatile, and demand for risky assets is increasing.
from May 22 to May 24, 2017, the third consensus conference was held in New York. Miners and investors were full of expectations to reach a consensus on bitcoin expansion, and bitcoin prices ushered in a big explosion. The price of bitcoin broke through 20000 yuan on June 10, and reached a new high of 21388 yuan on June 11
at this time, the news about China's regulatory policy on bitcoin came out in June and intensified. The bearish sentiment of the market rose and the price of bitcoin kept falling. As of July 16, the price of bitcoin had dropped to about 13000 yuan
later, influenced by the good news of bitcoin bifurcation on August 1, 2017, bitcoin price rebounded again in late July and reached new highs repeatedly. On August 17, bitcoin price broke through the 30000 yuan mark, and then remained stable at a high level
on September 4, seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, and bitcoin prices plummeted to 21000 yuan, a daily drop of 27%
with the closure of China's virtual currency platform, the price of bitcoin continued to bottom out. On September 16, the price of bitcoin fell below 20000 yuan, with the lowest price of 16250 yuan
at this time, everyone thinks that bitcoin is over. But just two weeks later, on September 30, the FSA issued operating licenses to 11 bitcoin exchanges. This event triggered the upsurge of investment enthusiasm around the world, and the market was full of emotion, which promoted the continuous rise of currency price
facts have proved once again that bitcoin is like an invincible Xiaoqiang, facing heavy pressure, and its price rises instead of falling.

4.

According to the report, at around 9:30 yesterday, the price of bitfinex bitcoin was as high as $2310, equivalent to about 15922 yuan; The price of bitcoin on fire coin network also broke through the integer level of 15000 yuan, with the highest approaching 16000 yuan. So far, the domestic bitcoin price has doubled again, with an increase of 115% in the past 30 days

It is worth noting that after this round of rise, the number of domestic investors has increased, but the trading volume is still much lower than before. According to some data, the global share of RMB bitcoin trading rose from less than 10% to 11.9%, ranking only third

6. The "bitcoin consensus conference" is held by coindesk, a media and research company in the field of blockchain. The guests will include experts in the field of blockchain and representatives of the development project of memory digital currency. The number of participants is graally increasing every year, and the tickets are also rising all the way. When I played stock before, the teacher of Yingfu College of Finance and Economics said that it was more professional

it is worth noting that the price of bitcoin fluctuates significantly ring the annual meeting, and it also becomes a hot spot in bitcoin market.

7. Walk about 80 meters from Ningbo passenger transport center to the airport bus Ningbo passenger transport center terminal; It takes about 10 minutes from the airport bus passenger center station line (take 1 stop) to the airport bus Lishe International Airport Terminal

the whole journey is from Ningbo East bus station; Take bus No. 750 (3 stops), get off at Huangli Xincun station, and then go to the airport bus Ningbo civil aviation ticket office terminus to transfer; Airport bus Ningbo civil aviation ticket office line (take 3 stops) to airport bus Lishe International Airport terminus

the whole journey takes about 37 minutes