sanoma jewelry wholesale What is digital currency
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sanoma jewelry wholesale What is digital currency
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thai silver jewelry wholesale Digital currency is an alternative currency in the form of electronic currency (which can be used for real goods and service transactions). Digital currencies have the main features of network packets. This type of data packet is composed of the data code and logo code. The data code is the content we need to transmit, and the logo code indicates where the data packet comes from and where to go.
[Extended information]
cbdc, the full name, translated as a central bank digital currency.
The Bank of England Bank of England gave this definition in its research report on CBDC: The central bank's digital currency is the electronic form of the central bank's currency. Families and enterprises can use it for payment and storage value.
The Chinese version of CBDC is described as a digital RMB, which is issued by the People's Bank of China. The designated operating institution participates in operation and exchanged it to the public. Based on the broad account system, it supports the loosening function of the bank account, with paper banknotes and coins. Equivalent and controllable anonymous payment tools with value characteristics and legal repayment.
. The DC/EP we call is the Chinese version of the central bank's digital currency, translated as "digital currency and electronic payment tools".
The authoritative international organizations: International Organization and Market Infrastructure Committee (CPMI) and Payment and Market Infrastructure Committee jointly conducted two questionnaires in 2018 and 2019. The content of the questionnaire includes the work progress of the central banks of various countries, the motivation to study digital currency, and the possibility of issuing digital currencies. 70%of the central banks have stated that they are participating in (maybe to participate) digital currencies.
In 2014, the People's Bank of China established a special research team to conduct in -depth research on digital currency issuance and business operation framework, key technologies of digital currency, issuance of circulation, and legal issues facing.
In January 2017, the central bank officially established the Institute of Digital Currency in Shenzhen.
In September 2018, the Digital Currency Research Institute established a trade and financial blockchain platform.
This photos of a central bank digital currency on the Internet on the evening of April 14, 2020 were tested in the agricultural bank account. It is said that Suzhou Xiangcheng District is an important pilot area for the central bank's digital currency (DC/EP).