Has digital currency been tested internally

the test only lasted for a few minutes, the public could not feel anything, and the test results were only known by the internal relevant personnel in fact, the concept of digital currency has been mentioned for several years. On August 29 this year, China Construction Bank added "digital currency" to its official app; Recharge digital wallet; And & lt; Digital currency & quot; Two submenus. This activity makes people excited. Is the digital currency really going to be issued? But just excited soon, I found that the two submenus were offline. In response, CCB said to the media: CCB has carried out relevant function test in the mobile banking system. At present, the test is over< at present, online information is the test content in the process of technology development, which does not mean that digital RMB is officially launched

after being excited for so long, it turned out that it was just an oolong. However, some people said that this warm-up is likely that digital currency will be issued and used soon. What's the use of digital currency? Is it the same as WeChat Alipay? In this regard, Wang Jian, chief analyst of Guoxin Securities financial instry, believes that the number of Renminbi and banknotes and coins are RMB cash. Alipay, WeChat payment and so on are just a payment tool. Through these two channels, the balance of personal bank card is still used, or the credit card is being brushed, and the digital Renminbi payment is used. What we spend directly is digital RMB, just like cash

so, what's the significance of this digital currency? Why do you have to work hard to do this? For most people, it really won't have any impact, but for a small number of people, it will have a great impact. This small group of people are those who engage in illegal activities

for example, if some people are corrupt and accept bribes, they specify that they can't let others put money on the bank card. That means they are directly arrested, but they can't be found with cash. If we restrict the large amount of cash consumption in the future, for example, if you have to spend more than 5000 at one time, you can't use cash, you need to use digital currency. In this way, those who have bribed tens of millions of cash in their families may not want to spend all their money in their lifetime. And their illegal income doesn't go to the society. It's just paper. They still occupy space at home. Once they start to spend money in digital currency, it's easy to find out. That is to say, all our income will be counted. Once they are involved in crimes, it's easy to be caught. At that time, there will be less Telecom fraud, This is the meaning of digital currency

It is not currently available

at present, the Central Bank of China has not issued and approved the digital currency of issuers and investors

however, so far, the central bank has not issued any digital currency, and Zhou Xiaochuan, the governor of the central bank, said that the time is not ripe to issue digital currency. Moreover, the digital currency issued by the central bank is different from bitcoin, Ruitai, Laite and other digital cryptocurrencies, and the digital currency issued by the central bank is not decentralized

when the central bank issues digital currency, it needs to establish a basic digital currency system. In this system, the central bank is in charge of the digital currency issuing bank, the commercial bank is in charge of the bank, and the public and indivials hold digital wallets. This is not much different from the existing monetary system in essence, but the managed currency is changed from paper money to digital cryptocurrency

in terms of issuing mechanism, there are two modes:

one is the traditional mode of "central bank commercial bank", that is, the central bank issues digital currency from the issuing bank of the central bank to the Bank of the commercial bank. When an indivial withdraws money from the commercial bank, the digital currency is transferred from the commercial bank to the personal digital wallet

another mode is the "central bank public" mode, that is, the central bank can directly issue digital currency from the currency issuing bank to the digital wallet of the public and indivials. In essence, no matter which issuing mode, money is ultimately held by the public, which is the debt of the central bank to the public

Look at the memory, the server

we need to generate currency consensus through digital currency test

before talking about digital RMB, let's talk about the essence of currency. Currency itself has no value, but the national credit endorsement behind it is the use value of currency itself. The recently launched digital RMB is also a policy to promote the internationalization of RMB. At present, the currency in circulation in the world is settled in US dollars, because the United States, through its own military repression, requires the global oil trade to be settled in US dollars. As a result, 70% of the global trade is settled in US dollars. In order to break this settlement method, the use of digital RMB can rece the exchange rate settlement problem between countries, which is why the introction of digital RMB

the central bank's digital currency has opened a new round of pilot. As a test and promotion area of digital RMB, Hong Kong tests it in strict accordance with the rules for the use of digital RMB. This time, the digital RMB is supported by the state, and fully promotes the reform of the financial digital era. The digital circulation and revolution of currency issuance is quietly going on. I hope that the digital currency of the Central Bank of China can seize the opportunity in this revolution and let the people enjoy the dividend in the future digital currency