Shenzhen, as one of the four pilot cities, distributed a digital RMB red envelope of100000 yuan to 50000 citizens by lottery, which can be consumed by 3389 merchants without threshold. This is a landmark event of digital currency, the central bank of China.
Maybe you will ask: Since WeChat Alipay is so easy to use, why popularize digital currency?
Xiao Su will answer for you.
First of all, digital RMB is the legal tender in digital form issued by the People's Bank of China, and its status is the same as that of cash currency.
Secondly, you can look at the picture and tell the difference intuitively.
1. Maintain legal tender status and currency issuance rights. The emergence of digital currency such as Bitcoin and Libra may have an impact on the national financial system.
2. Improve the efficiency of the payment system. The characteristic of payment is that settlement can improve the capital turnover efficiency of enterprises and individuals.
3. digital currency can also make up for some shortcomings of traditional paper money, such as reducing the cost of issuing paper money, improving the efficiency of money delivery, taking into account anonymity, portability and three evils (anti-money laundering, anti-terrorist financing and anti-tax evasion).
4. Digital RMB adopts controllable anonymity mechanism, which can strengthen the monitoring and tracking of illegal activities such as money laundering and terrorist crimes, and protect users' privacy.
5. For the elderly, digital currency can realize direct transfer payment, which is very convenient without networking and switching any bank accounts.
To use digital RMB, you need to download the "Digital RMB APP" first. This app has not yet been launched in major app stores. Winners can only download through the link provided in the short message and register and log in with their mobile phone number.
Although users don't need to bind bank accounts, they still need to exchange digital RMB for the public through commercial banks because they use the two-tier operating system to receive digital RMB.
The colors of digital RMB collected by different banks are different. China Bank and Industrial and Commercial Bank are red, China Construction Bank is blue, and Agricultural Bank is green, which is basically the same as the bank logo color.
In usage, digital RMB is similar to commonly used third-party payment platforms such as WeChat payment and Alipay. You can choose to scan the code to pay, or you can display the payment code for the merchant to scan. At the same time, you can also set whether to turn on secret-free payment for small secrets.
The difference is that digital RMB also supports "touch" payment, which is a near-field payment based on NFC, and the experience is similar to taking a subway bus with a transportation card.
Generally speaking, the issuance of digital currency is an important milestone in the history of currency development, but it has not changed the property of currency, only changed its form of expression.
Whether the development of digital currency can promote the currency to a freely competitive market to maximize its efficiency may still be a long evolution, but overall, digital currency is an innovation and a trend!