(Shanghai Comprehensive News) The Research on Digital Currency of the People's Bank of China has matured. Huang Qifan, deputy director of the China International Economic Exchange Center, believes that the People's Bank of China is likely to become the world's first central bank to launch digital currency.
Comprehensive Reuters and Tencent News reported that Huang Qifan made the above judgment at the first Bund Financial Summit yesterday (28th).
Digital Currency Electronic Payment (DCEP) is a new cryptocurrency system based on blockchain technology.DCEP adopts a double -layer operation system, that is, the People's Bank of China first exchanged DCEP to banks or other financial institutions, and then these institutions were exchanged to the public.The significance is that DCEP is not simply digital digital currency, but an alternative to M0 (cash in circulation).
Huang Qifan pointed out that DCEP can reduce the dependence on the account of the trading link, which is beneficial to RMB circulation and internationalization.At the same time, DCEP can also achieve real -time collection of data creation, bookkeeping, and flow, providing useful reference for currency investment, monetary policy formulation and implementation.
Huang Qifan also emphasized the safety and convenience brought by blockchain technology, criticizing the American -led SWIFT (Global Interbank Bank Financial Telecommunications Association) system and Chips (New York Calculation Institute Bank Alternative Payment System), and gradually became the United States to exercise the global hegemony worldwide, Financial instruments under the jurisdiction of long -arm.
Huang Qifan took the United States in 2006 and 2014 with the help of SWIFT and Chips systems to conduct financial strikes on Iran and Russia, respectively, emphasizing the risks of RMB cross -border liquidation relying on Swift and Chips.
The global payment system will occupy the leading position
Blockchain technology has the characteristics of decentralization, information non -tampering, collective maintenance, reliable database, openness and transparency, etc., and has a transparent, safe and credible natural advantage in clearing and settlement.
Therefore, Huang Qifan pointed out that more and more financial institutions and blockchain platforms in the world are passing through cross -border payment through the blockchain trial and bypassed Swift and Chips global payment systems.
This means that once the People's Bank of China becomes the first central bank to launch digital currency, it will occupy a leading advantage and leadership position in the construction of a new global payment system based on blockchain technology.
The General Secretary of the Communist Party of China and the President of China ... Last Thursday (24th) in the collective study of the Political Bureau of the Central Committee, it was required to use the blockchain as an important breakthrough in China's core technological innovation, so that China was at the forefront of theory and occupied innovation.Heights and new industrial advantages.This means that blockchain technology has risen to China's national strategic level, and China will become leaders in international competition in this field.
