Token and digital currency
1、 Different definitions:
1. virtual currency:
virtual currency refers to non real currency
digital currency:digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy
3. Cryptocurrency:
cryptocurrency is a kind of transaction medium that uses cryptography principles to ensure transaction security and control the creation of transaction units
4. Token (token):
a kind of article whose shape and size are similar to currency, but the scope of use is limited and has no currency effect, and its token is the homonym of token in English
Second, the characteristics are different:1; It can also be said that virtual currency is personalized currency. In another way, it can also be called information currency
2. Digital currency:
is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities
Cryptocurrency:cryptocurrency is based on the decentralized consensus mechanism, which is opposite to the banking and financial system relying on the centralized regulatory system
4. Token (token):
usually needs to be exchanged for money, used in shops, playgrounds, mass transportation and other places, as a voucher to use services and exchange goods
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at present, digital currency is more like an investment proct, because it lacks a strong guarantee agency to maintain its price stability, and its role as a value measure has not yet appeared, so it can not be used as a means of payment. As an investment proct, digital currency cannot develop without trading platform, operating company and investment company
digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability
blockchain is the core supporting technology of digital cryptocurrency system represented by bitcoin. The core advantage of blockchain technology is decentralization. It can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the common high cost, low cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry
taking the tourism instry as an example, blockchain applications mainly focus on tourism travel, tourism community reviews, digital identity management, credit consumption management, tracking pilot's professional certificate and qualification, loyalty plan of hotels and airlines, reservation management and consumption points management. In addition, blockchain also has applications in finance, games, entertainment and other fields.
Bitcoin is a scam
because bitcoin is a kind of virtual currency, most of which are unregulated and bypass the traditional banking system. Its sharp rise worries regulators around the world. Jamie Dimon, JPMorgan's president, described bitcoin as & quot; A scam & quot;. Because compared with bitcoin, it's not real, it's going to end in the end
virtual currency similar to bitcoin is based on blockchain technology. It is a kind of accounting technology using anonymous computer network operation. No government or central bank has endorsed bitcoin. Therefore, no one can support the value of bitcoin
extended information:
pyramid selling is to absorb and allocate funds by developing the relationship between the upper and lower line. In the bitcoin investment market, the elderly and new people do not have the time advantage, nor do they rely on high profits to pull down the line. In the face of market fluctuations, no one can guarantee that they will make money, and the elderly can not force them to get income from pulling new people
bitcoin or other digital currency does not belong to any person or organization. It is an uncontrolled and decentralized program. The code is fully developed, and the total amount cannot be modified or destroyed
bgaa has not been listed in any exchange and has not been included in any platform, so we should pay attention to the risk of trading
In the field of blockchain, token refers to the negotiable proof of encrypted digital rights and interests, and in a narrow sense, token
and entity token is the token that condenses the entity contribution value, that is, the incentive token issued by the entity enterprise to the user according to the user's value creation behavior by using the blockchain technology. It has three characteristics: legal (forbidding the issuance of air currency), credible (based on blockchain Technology) and value-added (condensing entity contribution)
for example, consumption rebate, reading gold coin, click advertising rebate, etc. are suitable for online and offline consumption and interactive scenes of various enterprises and users
for example:
the transformation and upgrading of Zhongtai alliance company from a traditional enterprise of 28 years to Internet token + ecological agriculture, our token is different from pure blockchain currency and token in the market, they are all virtual currency, but we are entity token, to be exact, enterprise integral token. Buy vegetables and get points, that's all. The technology is provided by the National Institute of administration of the people's Republic of China. Different from ordinary enterprise points, Zhongtai entity pass has the legal attributes of Internet pass: constant total amount, never additional issuance, tamper proof, open and transparent, traceable, tradable, shopping, cash withdrawal, appreciation, legal compliance, central enterprise holding and investment value. It is the first entity pass in the global market at present
China Alliance token is a digital currency attached to entities, which is different from traditional bitcoin; It has all the advantages of blockchain technology, including efficient circulation, decentralized security encryption, and supervision, control and distribution by central enterprises; It is mainly dependent on the energy instry. With the continuous development of the instry, the market value of the token will continue to rise. The company's self-developed online platform will provide a series of follow-up proceres, such as access to pass and use of cash, in addition to shopping
different from the traditional integral, the entity pass is based on the blockchain, inherits the high trust system and high circulation system of the decentralization of the blockchain, and carries the value-added condensation of the real economy, which greatly improves the user's recognition and desire for the entity pass
the ecosphere of entity token can use blockchain technology to help enterprises bind the co creation relationship with users, increase the scene interaction between users and enterprises, and enhance the economic gain of enterprises. Ordinary users can create their own value while using procts
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
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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