What's the difference between digital currency and yu'ebao

1.

digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines the virtual currency as the digital representation of value, not issued by the central bank or the authorities, nor linked to legal tender. But because it is accepted by the public, it can be used as a means of payment, and can also be transferred, stored or traded in electronic form.

Alipay (China) Network Technology Co., Ltd. is the third party payment platform in China. Committed to providing "simple, safe and fast" payment solutions. Since its establishment in 2004, Alipay has always regarded "trust" as the core of procts and services. It has two independent brands: "Alipay" and "Alipay wallet". Since the second quarter of 2014, it has become the largest mobile payment manufacturer in the world

2. Alipay and so on are only electronic payment methods. The money used in the transaction is coming through bank accounts, that is, the money in Alipay actually corresponds to a banknote, and the digital money is money. In the actual use experience, digital money and electronic payment may feel similar, but they are still quite different in essence< In addition, digital currency is 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 to "Wright coin", "Dog Coin" and "Yuan Bao coin" in China

however, there is no centralized issuer for these digital currencies, and anyone is likely to participate in the manufacturing and global circulation. The digital currency of the central bank is the legal currency issued by the central bank, encrypted and supported by national credit. It is understood that at present, the research and development of the prototype system of legal digital currency is in progress. As for when China's legal digital currency will be launched, there is no timetable.

3. The biggest difference between the digital money introced by the state and Alipay and WeChat is that after downloading the mobile phone software, the mobile phone can complete the transaction if the cell phone has electricity.

4. Alipay is the way of electronic payment. The money used in the transaction is from bank account. That is to say, the money in Alipay actually corresponds to a banknote, and the digital money is money. Jinfu fortune editor thinks that in the actual use experience, digital currency may feel similar to electronic payment, but there is still a big difference between them in essence.

5.

Digital RMB (DC / EP) "ready", how will the future payment field usher in changes

in addition, for the areas that the central bank's digital currency can do but the third-party payment can not cover, Wang Zhicheng said that digital currency may have a great connection with the convergence of digital assets in the future, which means that shopping and selling use the same media, and things with similar media will have a better matching degree, which is easy to be accepted by everyone, "In the future, for example, for any financial procts and transactions between virtual assets, the matching degree and convenience of using the central bank's digital currency will be much higher than the current third-party payment."

6. Not to mention a few streets, probably three years ahead of Ethereum. Let's not underestimate MOAC's IPFs. MOAC is the first technology in the world, and filecoin hasn't seen it yet; Don't underestimate the IOT that MOAC will come out soon. Now all the IOT projects can't be done; Don't underestimate the atomic cross chain of MOAC. Polkadot will take 2-3 years.

7.

digital currency compares with Alipay: digital currency is equivalent to RMB with legal compensation. Digital currency is more perfect and convenient01 and the central bank say there is no competition between digital money and Alipay. p> On October 12, digital currency was tried in a district of Shenzhen. It is precisely because of this that digital currency officially came into people's sight. Digital currency has appeared before, but it is not digital RMB, but in other ways

many people speculate whether the arrival of digital money will have an impact on WeChat and Alipay payment. Mu Changchun, director of the digital Monetary Research Institute of the Chinese people's Bank of China, on 25 June, said that there was no competition between digital money and Alipay 10.

but if the transaction amount is relatively large, it needs identity verification , and it is more secure, for every money, the central bank can find out where it is going, know who the other party is , and put an end to some unidentified transactions and some scams