lola bead jewelry wholesale International payment giants have deployed digital currencies. What is the difference between digital currencies and paper currencies?

lola bead jewelry wholesale

1 thought on “lola bead jewelry wholesale International payment giants have deployed digital currencies. What is the difference between digital currencies and paper currencies?”

  1. https http://www.gita-jewelry.com en company myprofile wholesale As far as I know, there is a lot of differences in the use of digital currencies and traditional banknotes. The same use, the technology, security, and application are different. The simplest distinction is one print on the paper, and the other is printed in the block in a digital form. On the chain information system. I. The commonality of digital currency and banknotes
    Is we know that the central bank's digital currency is developed by the central bank. Digital payment tools with value characteristics can achieve value transfer without accounts. For example, there are digital wallets in the mobile phones of two people. As long as the mobile phone has electricity, no network is required, as soon as the two people's mobile phones are touched, the digital currency in one person's digital wallet can be transferred to another person. Similar to I took out the banknotes in my pocket and put it in your pocket.
    . The differences between digital currency and traditional currency are mainly in the following aspects:
    1. Digital currencies have the general functions of traditional currency, that is, value scale, circulation and storage means, digital currency and traditional currency, all of which are all, all of which Have these three basic functions.
    2. Traditional currency is a non -exchanged currency from a full value currency to the distribution agency, that is, the currency is no longer associated with precious metals, but endorses with the government and government credit. Digital currency does not have this condition. This is also one of the main differences between digital currency and traditional currency.
    3. Different management agencies are issued by the government and supervised by the government. Digital currencies are issued by social institutions and managed by issuing agencies themselves.
    4. Traditional currency circulation is restricted by national boundaries. Digital currencies are not restricted by national boundaries.
    5. Digital currency is a new type of currency generated by the use of modern science and technology such as blockchain, decentralization, non -stringing, and point -to -point payment. It has the advantages of convenient payment, fast, and low transaction costs.
    6. Digital currency corresponds to digital assets (except virtual currency), which is based on consensus. The value scale is based on consensus; banknotes correspond to national credit, which has strong sovereign colors, and its foundation is different.
    7. Digital currency represents the direction of information technology development, banknotes are on behalf of traditional transactions.
    8. Digital currencies are based on intelligent contracts as the consensus foundation, breaking the limitations of regional and political and metallurgical, and banknotes are only a tool for political measurement to measure the value of interest groups.
    The simple understanding: currency digital currency is the form of electronic wallets. The RMB is paper currency. When used, one is to directly exchange currencies and items, and the other is to use digital currency wallets for transactions and transfer. It must be more convenient for digital currency, and there will be many problems with paper. For example, during the current epidemic, everyone should try to reduce the risks brought by banknotes.

Leave a Comment