A new era of digital currency is coming?
was stimulated by the news that the central bank's digital currency application was settled in Suzhou. Digital currency concept stocks have successively set off a wave of daily limits. Many individual stocks have gone out of the continuous market against the market, and some individual stocks have risen nearly 40% since April. At the same time, Bitcoin also swept the previous decline and broke through the $7,000 mark today.
In its research report, CITIC Securities stated that the central bank's digital currency promotion has accelerated again, reflecting the demand of the digital economy and the promotion of demonstration by overseas central banks, and the functions, positioning or reconstruction of payment institutions in the future.
Digital currency concept stocks set off a wave of daily limit
Many individual stocks came out of the continuous market
April 16, digital currency concept stocks rose sharply intraday in the afternoon, leading the concept sector. As of the close, the relevant index rose by 6.97%
From the perspective of individual stocks, nine individual stocks including Jinguan Co., Ltd., Zhongying Internet, Radio and Television Communications, Hengbao Co., Ltd., Feitian Chengxin, Digital Certification, Sifang Jingchuang hit the daily limit. There are also many individual stocks that have risen by more than 5%.
Many individual stocks have already emerged from the continuous market. Yesterday, digital currency concept stocks strengthened across the board, with stocks such as Julong Co., Ltd. , Gaoweida , Huijin Co., Ltd. hitting the daily limit.
Among them, Huijin Co., Ltd. and Gaoweida have hit the daily limit for two consecutive days. Since April, Gaoweida has risen by 39.64%, Julong Co., Ltd. has risen by 33.17%, and Huijin Co., Ltd. has also risen by 27.32% since April.
data shows that Shanghai Ruimin, a subsidiary of Gaoweida , united with Minsheng Bank and the Beijing-Tianjin-Hebei collaborative bill trading center, actively researching blockchain-based bill application scenarios, and the company itself is also promoting the transformation of the bill network based on blockchain.
Julong Co., Ltd. stated on the interactive platform that the company's RMB management system based on Guanzi big data has applied related technologies of blockchain. Huijin Co., Ltd.'s R&D investment includes the research and development of a blockchain-based currency handover system.
Central Bank digital currency application settled in Suzhou?
From the news perspective, the sharp rise in digital currency concept stocks was mainly stimulated by the news that the central bank's digital currency application was settled in Suzhou.
It is reported that the staff members of district-level agencies and enterprises and institutions in Xiangcheng District, Suzhou, who are paid by the four major state-owned banks of Workers, Agricultural and China Construction will complete the installation of the central bank's digital currency (DC/EP) digital wallet in April. In May, 50% of its transportation subsidies will be paid in the form of digital currency.
According to the response from many media, relevant people have confirmed that the news is true, and the Financial Regulatory Bureau is responsible for the project. This is the first practical application of the central bank's digital currency since the news of its research and development.
In addition to Suzhou, there are also reports that the central bank's digital currency will also be tested in three pilot cities: Shenzhen, Xiong'an and Chengdu. On the evening of April 14, pictures of the central bank's digital currency on the inside of the Agricultural Bank of China's account have begun to circulate. Judging from the picture, its main functions include four major functions: "scan the code to pay", "remittance", "receiving and payment", and "touching".
Securities Times reporters asked people close to the central bank for verification about the central bank's internal testing of the central bank's digital currency in the Agricultural Bank of China, and the reply he received was "it has been in internal testing, and the official caliber of the central bank shall prevail." According to the Securities Times, since the end of last year, the central bank's digital currency has gradually tried to test the application of external business scenarios with the participation of the four major banks of the Workers, Peasants, China Construction and Construction.
What is the central bank digital currency?
proposed the idea of building a digital currency in 2014. The progress of central bank digital currency is the focus of market attention.
What is central bank digital currency? Mu Changchun, director of the Central Bank's Digital Currency Research Institute, once systematically introduced the Central Bank's digital currency in the course, saying that the Central Bank's digital currency is a digital payment tool with value characteristics and can achieve value transfer without an account. Judging from the introductions of all parties, the functions and attributes of digital currency are similar to those of paper money.
digital currency can reduce the circulation cost of cash on the one hand; on the other hand, its "electronic payment" function can improve the convenience of payment. The central bank's digital currency can achieve value transfer without an account.In specific scenarios, as long as there is a DCEP digital wallet on the phone, there is no need for the Internet. As long as two mobile phones are touched, the transfer function can be realized.
Bitcoin breaks through $7,000
Differences in the currency circle
The new progress of the central bank's digital currency has also made the currency circle excited. Stimulated by the news, the Bitcoin and digital currency markets have also started a rebound. Bitcoin rose sharply today, with the price breaking through the $7,000 mark, an increase of more than 7% at one point.
However, the industry also has different opinions on whether the central bank's digital currency is good for Bitcoin. Some people in the currency circle believe that the launch of central bank digital currency is a negative for Bitcoin. In terms of application scenarios, Bitcoin has filled the gap in the lack of digital currency in various countries, but the emergence of central bank digital currency will seize the application scenarios and markets of BTC.
The People's Bank of China and five other ministries and commissions have issued the "Notice on Preventing Bitcoin Risk", clarifying that Bitcoin does not have monetary attributes such as legal tenderness and mandatoryness.
Ant Blockchain launches "Open Alliance Chain"
Digital Currency Relying on blockchain technology to achieve decentralization. In addition to the progress made in the central bank's digital currency, Ant Blockchain technology and application capabilities are also accelerating.
htmlOn April 16, Ant Blockchain officially launched the "Open Alliance Chain" for small and medium-sized enterprises, fully opening up the technology and application capabilities of Ant Blockchain for the first time. Starting from now on, small and medium-sized enterprise developers can develop related blockchain applications like building blocks, and jointly build the future of the digital economy with Ant Blockchain.It is understood that Ant Financial started developing and opening up alliance chains at the end of last year, lowering the threshold for "on-chain" of small and medium-sized enterprises to several thousand yuan. The Open Alliance Chain is based on the technology independently developed by Ant Blockchain, which can support 1 billion account size and 1 billion daily transaction volume, and achieve 100,000 cross-chain message processing capabilities (PPS) per second.
At the same time, the open alliance chain can also share the blockchain application capabilities accumulated by Ant Blockchain over the years. At present, dozens of solutions have been accumulated on the open alliance chain, covering supply chain finance, logistics, public welfare and charity and other scenarios.
General Manager of Ant Blockchain Platform Department said, "In the past three years, relying on leading technical strength, Ant Blockchain has become the largest blockchain productivity platform in China, allowing more than 40 complex scenarios to undergo a qualitative change in industrial collaboration. In the next three years, we will support millions of enterprises to achieve large-scale innovation through open alliance chains and promote the arrival of the value Internet era of the whole people to go on the chain."
Future payment institutions' functional positioning or reconstruction
CITIC Securities released a research report saying that the central bank's digital currency promotion will be accelerated again, reflecting the demand of the digital economy and the promotion of overseas central banks. The dual-layer operation system of central bank issuance + commercial banks (payment institutions) distribution is becoming clearer, and the functions and positioning of payment institutions may be restructured in the future: banks are expected to accelerate the layout of payment business with digital wallets; the differentiation of third-party payment institutions is accelerating, and distribution institutions and diversified licensed institutions will benefit; cross-industry and industry competition among payment and clearing institutions is intensifying.
This article is from China Fund News
