The concept of A-share digital currency has emerged, what about the next blue ocean symbol?

Pin up:As of Wednesday, January 19, 2022, the biggest increase this week in the A-Share digital currency concept sector was almost 14% year-on-year the previous week, the performance above the Shanghai Composite Index. 1.7%) Information and politics will drive these operations, and more importantly, as the renminbi's application deepens, it will enhance the power of digital resources. Over the next five years, more central banks will try digital advantages, reforming the global financial system. In this context, the future of digital profits deserves to be considered and the growing breadth of the chain needs to be improved and better assessed.

Marlet

As of Wednesday, January 19, 2022, the biggest increase this week in the A-Share digital currency concept sector was almost 14% year-on-year the previous week, the performance above the Shanghai Composite Index. The highest growth rate was 1.7%, with the concept of digital currency showing an increase. Pan Helin, a member of the Business and Communications Committee of the Ministry of Industry and Information Technology and director of the Digital Business Center of the Center-South University of Economic Law, told a reporter from the Securities Daily: “Information and politics are important. Yes,” with the application of the digital yuan, the growth of digital currencies will inevitably lead to digital currencies. This will strengthen the economy.”

Since last December, the good news of the numerical results has not stopped. On December 2, Beijing announced the new digital currency trial of "Beijing Caihui for the benefit of people's livelihood", and on December 9 signed the digital yuan tax plan in Hainan. Apple App Store Since January 18, the application has been downloaded more than 9.4 million times in the Huawei application store alone, and on January 5, the Meituan application launched digital payments in the RMB reader of the digital city.

January 12, the state of "" Fantasy "Procedure Procedures Digital Infrades and Digital Rights. The device Diget President says to "Safety Directives" the number of progress. From the process and the benefit of the digital company, and more companies are faster than 16 days "to promote the number of my country, it is necessary to focus For improving business industry and new improvements for the private, digital technology and digital technology fusion.

Due to the status of cryptocurrency, it can destroy national and existing financial agreements and render the bank unable to control the entire national financial system. . As a result, central banks reacted well, and about 80% of the country, including major economies like the United States, China, and the European Union, began conducting central bank financial research.

According to Kearney's simulation analysis, between 2024 and 2026, central bank digital currencies are expected to increase global output by 0.1-0.5% per year, augmented by over $838 billion. If digital gains become large over the next five years, exchange rates for the economy will fall, but there will be problems in the transition.

There are many factors behind the birth of central bank digital currencies. First, central bank digital currencies can accelerate and reduce exchange rates. Second, digital financial institutions must improve the visibility and security of existing payments and finances and improve the financial or financial system. Finally, countries around the world are tightening cryptocurrency regulations and consumer acceptance of cryptocurrencies will decline, providing the market with an opportunity to replicate in central bank funds.

The digital banking system will also support financial and fiscal policy. This monetary policy has reduced the cost of fiscal regulation by 2020 and 2021. Central bank digital currencies are also expected to boost economic growth. A study by the Bank of England shows that while digital banks account for 30% of GDP, lower interest rates, taxes and exchange rates could boost US GDP by 3%. Deregulation of the financial services sector can also be strengthened. However, the future development of central bank digital currencies still faces many challenges. First, central banks need to improve their digital activities, especially cybersecurity. Central bank oversight of digital funds may also raise public concerns about privacy breaches. In addition, the digital banking industry has faced many challenges and management relationships, and banks in many countries need to establish a global partnership to respond to minimizing and solving these problems.

At the enterprise level, the role of venture capital firms as intermediaries between intermediaries and consumers will gradually disappear and the demand for retail stores will be reduced. Deposit-taking companies compete directly with intermediary banks in proportion to digital banking companies in their finances. If business ventures are scarce, setting up a digital bank account and supporting digital processes can encourage financial consolidation. In addition, central bank digital currencies can support innovation in banking products, especially credit card products and services, and provide more choice for consumers.

China is now the world leader in medium-sized banks, and many other countries have also developed experiments. In April 2020, China announced the Yuan Digital Pilot Project, announced a digital pilot project worth 30 million yuan in four cities. In May 2021, several US companies announced five “denominational dollar” trials. The Bank of Japan is also working with several large private banks to develop new "J-coin" currencies that can be exchanged for the Japanese yen. In July 2021, the European Union announced its intention to develop a "digital euro" by 2025. Nigeria plans to lead a digital banking sector by the end of 2021.

Over the next five years, more central banks will try digital advantages, reforming the global financial system. In this context, the future of digital profits deserves to be considered and the growing breadth of the chain needs to be improved and better assessed.