kids jewelry wholesale under 1 What are the relationship between blockchain and digital RMB

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1, blockchain and digital currency complement each other, inseparable, blockchain is one of the means of digital currency circulation.
2, blockchain is the theoretical basis of digital currency. Digital currencies are established on the basis of blockchain technology. The blockchain has a certain guarantee for the security of digital currency. The most successful application of chain technology.
Is since the concept of "digital RMB" is proposed, digital RMB has often been compared with cryptocurrency Bitcoin and Ethereum with blockchain technology. So let's first figure out what digital RMB is?
Digital RMB (DIGITAL RMB) is a legal currency in digital form issued by the People's Bank of China. It is based on the designated operating institutions and exchanged it to the public. Paper money coins equivalent, valuable characteristics and legal repayment, and supports controllable anonymous.
The concept of digital RMB has two points, one is that digital RMB is a legal currency in digital form; the other is equivalent to paper banknotes and coins. And coin.
But in fact, digital RMB just borrows from blockchain technology, but as a legal currency, digital RMB has a centralized characteristics. The executives of major central banks in Europe said that the issuance of central bank digital currencies does not need to use blockchain technology. The core elements of the digital RMB system framework are "one currency, two libraries, and three centers". The technology used in the use process is NFC and distributed ledger technology.
02 What is blockchain technology?
In aspects of broad sense, blockchain technology actually uses fast -chain data structures to verify and store data, use distributed node consensus algorithms to generate and update data, and use cryptographic methods to ensure data transmission. The security of the access, the use of a smart contract consisting of automated script code, to program the new distributed infrastructure and calculation method of programming and operating data.
03 Digital RMB just borrows the technology of blockchain
D digital RMB and blockchain technology has the same characteristics, such as traceability and non -tampering. As a state -issued legal currency, the main feature of digital RMB is the "centralized management model", and one of the core features of the blockchain is "decentralization".
Previously, many countries have issued digital currencies relying on blockchain technology, such as Uruguay, Iran, Senegal, etc., but they are not popular.
This executives of major central banks in Europe stated in September 2020: If the central bank wants to issue digital currencies globally, it does not need to use blockchain technology. "Trust", so after the central bank's intervention, there is no need to use blockchain technology.
In terms of financial fields, the current blockchain technology has obtained corresponding experimental and small -scale applications in digital currencies, payment liquidation, digital bills, etc.
04 "One currency, two libraries, three centers"
The core elements of the digital RMB system framework mentioned earlier are "one currency, two libraries, and three centers". , Two libraries, three centers ". The "one currency" here actually refers to the central bank's digital currency; the "two libraries" refer to the digital currency issuance library (the database of the central bank's digital currency issuance fund) and the digital currency bank library (commercial banks store the database of the central bank's digital currency); The "three centers" refer to the certification center (responsible for identity information management), registration center (responsible for the registration of digital monetary ownership) and big data issuance centers (responsible for analysis of anti -money laundering, payment behavior, etc.).