currency

  • Digital currency is expected to receive priority development due to technological advantages

    Digital currency is expected to receive priority development due to its technological advantages Changes are brewing amid the stability of the international monetary diversification pattern The COVID-19 epidemic has not changed the distribution pattern of international currency status, and the pattern of the “duopoly” of the US dollar and the euro has not changed. Data show that as of the end of December last year, the pattern of the international payment field was that the US dollar and the euro formed the far leading first echelon, accounting for 42.2% and…

    News 2023-10-28
    091
  • The central bank’s digital currency DCEP is about to be tested internally. What changes will happen to the blockchain landscape?

    The central bank’s digital currency DCEP is about to be tested internally. What changes will happen to the blockchain landscape In recent years, as blockchain technology has received widespread attention, my country’s development in blockchain technology research has also received great attention. As the central bank’s digital currency gradually “surfaces”. Recent reports on the central bank’s digital currency DCEP’s first batch of pilot work plans in China have also confirmed that the implementation of DCEP seems to have accelerated. Earlier, media reports speculated that due to the impact of this…

    Industry Analysis 2023-10-19
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  • The development history of currency and the birth of blockchain technology

    In the era of primitive society, social and economic systems were underdeveloped, and financial systems and tools had not yet been invented. Since humans are social animals, they naturally perform their own duties. Some are responsible for hunting, while others are responsible for gathering wild fruits or making tools. Because of this, the materials in everyone’s hands are uneven, and bartering naturally occurs. People will exchange what they need with others. The following is a detailed introduction to the birth of blockchain technology: It was not until the Shang Dynasty…

    2023-09-27
    097
  • What are Bitcoin and Blockchain? What is the relationship between them

    Today, let’s learn about Bitcoin, blockchain and the relationship between them. What is Bitcoin? The Bitcoin system is a network system used to build this digital currency. It is a distributed peer-to-peer network system. Unlike currency in the traditional sense, Bitcoin is not a currency with physical banknotes issued by a certain monetary institution. Specifically, it should be a virtual currency that only exists on the Internet and is decentralized. Bitcoin is generated through a large amount of calculations based on specific algorithms. The Bitcoin economy uses a distributed database…

    2023-09-22
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