China's digital currency Experimental Zone
Hello, where are the first batch of pilot cities of the central bank's digital currency? Do you think they are well deserved super first tier cities "Beijing, Shanghai, Guangzhou and Shenzhen"? I want to tell you that it's not all right. Except Shenzhen, the other three cities are Cheng, Suzhou and xiong'an new area. At present, Shenzhen is the earliest city to launch digital currency. On October 9, Shenzhen issued 10 million digital currency. 50000 people, 200 yuan per person, can enjoy the welfare, which is distributed to everyone free of charge through the way of wagging number. Here, I can only envy you. The implementation of digital currency is so fast. The friends in the pilot cities are lucky. I just want to watch you win the lottery
the first batch of pilot cities are selected in these four cities, which is the first step for digital currency to go to the whole country. When it matures in the future, it will be promoted to more pilot cities. So don't worry, just wait. Even if our city is not a pilot, it doesn't matter. Next time it will be our city. The pilot is just to test the stability of the system, and we don't have a great chance to get the red envelope of digital currency. There are so many people in Shenzhen, and only 50000 numbers are selected. Here we would like to express our support and thanks to the cities selected as the pilot cities of digital currency
At 8:00 on October 11, Shenzhen & lt; Enjoy Luohu digital RMB red envelope & quot; At the end of the appointment, the system successfully completed the pilot appointment registration, which is an important step in the development process of digital RMB. Adrian said: & lt; China's digital currency pilot leads the world, and the IMF pays close attention to the pilot situation of China's digital currency in some urban areas& rdquo; From the perspective of monetary statistics, the central bank's digital currency belongs to the category of M0, that is, cash, not M1 or m2. Therefore, he does not think it is necessary to worry about the impact on banks in the initial stage{ RRRRR}
overall, the impact of digital RMB on China's financial system will be all-round, and the development of China's digital system will usher in a new era
Digital currency has been issued in some cities in China, but it will take some years for it to be popularized{ RRRRR}
3. It takes a while for digital currency to be popularized in an all-round waydigital currency is to turn paper money into a number that people can see on the Internet, which is more convenient for people to operate as long as we use the mobile phone in our daily life, we can complete a series of commodity transactions without using the Internet. At that time, it will be the real realization of a mobile phone that can travel all over the world
with the development of Internet technology and the profound changes of global payment methods, digital currency with higher operation efficiency and stronger economic adaptability is becoming a new trend of currency development in the future
in this trend, central banks and financial institutions around the world are concting research on currency digitization and related technologies. At the "fintech summit in Shenzhen, China" hosted by Shenzhen Municipal Government on December 20, more than 40 units, including Ping An Group, Weizhong bank and Dacheng Fund, announced that they would jointly initiate the preparation for the establishment of China's Shenzhen fintech digital currency alliance, and cooperate with the central bank and other financial regulatory departments to study and formulate digital currency instry standards and relevant institutional mechanisms
currency digitization is the general trend
in a global science and technology innovation survey released by KPMG, digital currency, 3D printing, Internet of things and biotechnology are listed as the most promising technologies in the next three years. At present, many countries in the world are promoting the research of currency digitization
at the beginning of this year, the Bank of England announced a new research report that the combination of digital currency and mobile technology may completely change the shopping habits of British people, and the Bank of England is considering using this technology to release official digital currency. Sweden's central bank is considering issuing its own digital currency, ekrona, in response to a sharp decline in the country's cash use
in 2014, the Central Bank of China set up a special research group to demonstrate the feasibility of issuing legal digital currency. At the beginning of this year, the central bank held a seminar on digital currency to further clarify the strategic objectives of the central bank in issuing digital currency. In November, the 2017 annual personnel recruitment plan of the printing Science Research Institute, a unit directly under the central bank's official website, showed that six professionals with master's or doctor's degrees would be recruited for digital currency research and development< In an interview with the media a few days ago, Yao / > deputy director of the science and Technology Department of the central bank and head of the preparatory group of the digital currency Research Institute, said that the prototype scheme for the central bank to issue legal digital currency has completed two rounds of revision, and is expected to be tested in relatively closed application scenarios such as the bill market in the future, but there is no clear timetable for the launch of legal digital currency in China<
Third Party Payment institutions may disappear
at the first "China Shenzhen fintech (Financial Technology) summit" held on December 20, the reporter of daily economic news learned that, under the guidance of Shenzhen municipal government, Ping An Group, China Merchants Bank, Weizhong bank More than 40 units, including Dacheng Fund, will jointly initiate the preparation for the establishment of China's Shenzhen fintech digital currency union and fintech Research Institute
according to Yao Yudong, chief economist of Dacheng Fund, the alliance will cooperate with the central bank and other financial regulatory departments to study and formulate the digital currency instry standards and mechanisms. The Research Institute will comprehensively carry out the research on fintech infrastructure and innovative business, and explore and promote the application of big data, cloud computing, artificial intelligence blockchain and other technologies
as one of the sponsors of the alliance, Li Lin, founder and chairman of fire coin, pointed out that when it comes to digital currency, it should be made clear that there is an essential difference between the digitization of legal currency and digital currency. The essence of encrypted digital currency represented by bitcoin is a standardized digital asset. However, because the digitization of legal currency may choose to use the underlying technology of encrypted digital currency blockchain as one of the core implementation technologies, there is a close relationship between the two
Li Lin said that blockchain has outstanding technical advantages in security attributes such as non repeatable transaction, non forgery and non tampering. Digital currency represented by bitcoin has the characteristics of disintermediation, openness, transparency and traceability, which will have a profound impact on the future circulation of sovereign digital currency
"in the global cryptocurrency operation and circulation system, there is a unified and open protocol, and different institutions follow the standard protocol, which provides the basis for the cross platform circulation of currency accounts. There is no need for third-party payment companies to provide services to connect with different banks. " Li Lin gave an example. In his view, in the future, if the sovereign digital currency uses the unified and open blockchain agreement or other agreements, and only provides technical services of cross bank agreement, the third-party payment company will disappear
at the same time, Li Lin pointed out that the structural system of encrypted digital currency under the decentralized structure has brought great problems to government supervision, so there will be some changes in the sovereign digital currency system. For example, anonymity is controllable anonymity, unlike complete anonymity in the bitcoin network.
The differences are as follows:
1. Bitcoin is valuable and highly valuable because it costs a lot of labor to obtain it; The value of mchain is not high. The value of 100 mchain is almost the same as that of counterfeit money, and the cost is a few cents
2. Compared with bitcoin, mchain token has more novel playing methods and reward mechanisms. These reward mechanisms actually enable players to play and gain to a certain extent, while bitcoin is boring
3. Bitcoin is well known by people, while mchain token has not emerged for a long time, only a few people know it
extended data:
the name of bitcoin is currency, not real currency. Looking around the world, only Germany recognizes it as the equivalent of "private currency". Since it is not a currency, the financial regulatory authorities of various countries will not regulate bitcoin as they regulate currency. In this way, bitcoin is becoming a special "equivalent" wandering in the gray area
recently, bitcoin and its derivative financial transactions are in full swing. Bitcoin futures trading has been approved by a number of exchanges in the United States, but not regulated. This gives the bitcoin a seemingly "legitimate" coat, and makes bitcoin more like the tulip bubble of Holland in seventeenth Century: the "makers" who have a clear purpose are making money full of money. Compared with the high point of 20 thousand US dollars / p>
, the price of bitcoin is deep at present, but if the government strengthens supervision in the future, or its own capacity limit leads to shrinkage, the level of bitcoin will go deeper. In the past, the price of bitcoin has been slashed, and its future trend is particularly alarming
Shanghai will launch the digital RMB pilot this year. Which other cities will also promote the digital RMB pilot? I believe everyone is very concerned about this issue, so what is digital RMB? China's legal digital currency is replaced by the digitalization of banknotes, which is & lt< digitalization of RMB & quot;. The functions and properties of this digital currency are exactly the same as the banknote we usually use, except that the form of the banknote is changed to Digital { RRRRR}
as mobile payment continues to be deeply integrated into our daily life, the emergence of digital RMB has become an inevitable trend ; As long as everyone's mobile phone has a digital wallet of digital RMB, then we no longer need the network, we can achieve mutual currency payment. In the research and development work of digital RMB in China, there is no preset technical route, so that all people divergent thinking can compete fairly , and more people are full of enthusiasm for the research and development of digital currency. It has fully mobilized the enthusiasm and creativity of competitors in the social market
Today in the 21st century is an era of advanced network technology. So with the progress of the times, our lives are also undergoing earth shaking changes. Especially our way of life. The paper money we use is graally decreasing, and more and more people use digital RMB. This is not only an era of innovation for us, but also an era full of challenges and unknowns. In many areas of China, we are trying to promote digital RMB. Science and technology are developing, and human beings are progressing{ RRRRR}
03. It provides a certain guarantee for people's property safety. The push of digital RMB. And use, to a large extent, to rece the emergence of counterfeit money. At the same time, the use of digital currency has broken the defects and deficiencies of the previous paper currency. To a certain extent, it can prevent people's property loss and is easy to carry