Since the birth of bitcoin in 2008, in slightly more than 10 years, digital currency has rapidly penetrated into people’s daily communication. In June 2019, Facebook launched a white paper on the digital currency Libra project, which is planned to be officially launched in June 2020. For a time, there seems to be a relatively […]
Articles Tagged: Digital currency
What is the development process of Ethereum price
Ethereum is different from pure digital currency. It introduces smart contract into blockchain. It opens up new types of blockchain projects. So, as the second largest project in the market value of encryption in the world, how does its price change? Why does the price change? Although the specific reasons for each price change are […]
When will the encryption era come
The past decade ended last month. It’s interesting to see how far finance and technology have developed. We don’t have stripe, square, and even 4G and tablets are just an idea. But interestingly, at the turn of the past decade, we did have bitcoin. Finance and payment is a changing field. We saw gold gallons […]
What will China’s digital currency look like in the future
In the second half of 2019, the central bank issued the financial technology development plan (20192021), which proposed to establish and improve the “four beams and eight pillars” of China’s financial technology development by 2021, further enhance the scientific and technological application capacity of the financial industry, and realize the in-depth integration and coordinated development […]
How feasible is the central bank’s digital currency
Federal Reserve director Lael Brainard said on the 5th that the Federal Reserve is studying a series of issues related to digital payment and digital currency, including policies, design and legal formulation around the issuance of digital currency. This shows that the Fed’s attitude towards digital currency has changed compared with the past. In November […]
How can the central bank’s digital currency and cryptocurrency be connected
Vitalik buterin, co-founder of Ethereum, proposed a method of using cryptocurrency to trade central bank digital currency. Buterin raised a question on twitter, that is, can the central bank’s digital currency transactions be proved by encryption? In other words, whether it is possible to use mathematical methods to prove the completed transactions of central bank […]
How long will it take for a consumer centric central bank digital currency
Christian Noyer, former vice president of the European Central Bank and former president of the Bank of France, said that although more than 50 central banks are interested in central bank digital currency, it may take another 10 years for consumer centric central bank digital currency to develop. Noyer also predicts that digital payments between […]
What is the relationship between digital currency and financial security
Blockchain, digital currency and financial security are three closely related topics. Let me start with digital currency. 1、 Digital currency: why digital currency? When it comes to digital currency, we have to talk about bitcoin. Bitcoin came out in January 2009. What’s the background? It was the US subprime mortgage crisis in 2007. When did […]
Development trend of cryptocurrency in the next 10 years
The past decade ended last month, and it’s interesting to see how far finance and technology have developed. We don’t have a stripe, a square, or even a 4G or tablet. It’s just an idea. But interestingly, at the turn of the last decade, we did have bitcoin. Finance and payment is a changing field. […]
What are the potential use cases of digital currency
Central banks in the UK, Japan, the eurozone, Sweden and Switzerland have come together to assess the potential use cases of digital currencies. After Facebook announced last year that it plans to launch a cryptocurrency called Libra, discussions about such a currency have become active CNBC。 Given this development, it is clear that those who […]