overview

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overview

The 2020 World Blockchain Conference·Wuhan was successfully held. Top blockchain industry experts and financial professionals gathered in Wuhan to discuss the latest developments in blockchain technology and digital currency. The sharing of the experts in this conference conveyed Blockchain technology is no longer an independently developed technology, but a necessary element of artificial intelligence, industrial Internet, privacy computing and other technologies. The implementation of new technologies in the future requires the integration of multiple technologies to jointly solve enterprise problems .

A new round of digital renminbi red envelope pilots settled in Suzhou. This pilot expanded the consumption scene from offline merchants to online malls, and exposed the "dual offline" function that has attracted the attention of the market for the first time.The stable currency Libra issued by Facebook, which shocked the world before, was renamed Diem. Now the goal has changed from the original USD stable currency based on a basket of currencies to the launch of a digital currency backed by a single USD. A digital currency backed by a single dollar, Facebook’s Diem has a higher probability of being approved. At that time, it will bring the convenience of online payment to more than 2 billion Facebook users around the world.A total of five sections, please Enioy:

policy related

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policy related

[China Blockchain Technology and Industry Development Forum group logo compilation meeting held in Jiangxi]

According to the Financial Associated Press, on December 1, the group standard writing meeting of the China Blockchain Technology and Industry Development Forum was held in Nanchang, Jiangxi. At the meeting, the compilation of three group standards, "Blockchain Service Capability Evaluation", "Blockchain Cross-chain Technical Specifications" and "Blockchain Internet of Things Application Reference Architecture", was launched. In the next step, the forum will continue to be guided by application needs, and in accordance with the principle of "emergency first, maturity first", accelerate the development of key standards, gradually improve the blockchain standard system, and contribute to the development of my country's blockchain industry.

[Executive meeting of the Beijing Municipal Government: All districts and departments should make full use of technological means such as blockchain]

On the afternoon of December 1, the Beijing Municipal Government held an executive meeting to study matters such as important livelihood projects in Beijing in 2021. The meeting studied the "Implementation Plan for Further Optimizing the Business Environment in Beijing and Better Serving Market Subjects", and stated that all districts and departments should take the initiative to promote the implementation of reform tasks, make full use of big data, blockchain and other technological means to improve For government services and the effectiveness of interim and post-event supervision, promote administrative services to be handled nearby, electronically, online, and intelligently, and solve the problem of the "last mile" of policy implementation.

[Pu'er City Releases Digital Economy and Blockchain Industry Development Plan]

According to Pu'er Daily, recently, "Pu'er City Digital Economy Development Plan (2020-2025)" and "Pu'er City Blockchain Industry Development Plan (2020-2025)" were officially released. "Pu'er Blockchain Industry Development Plan (2020-2025)" includes six parts including development background, current situation analysis, overall thinking and goals, key application areas, main tasks and safeguard measures, with a total of more than 40,000 words. "Four horizontals, four verticals and two guarantees" is the overall framework. Through the method of "invigorating production with use and promoting use with production", we will make every effort to build the Pu'er blockchain industry development system. The goal is to build Pu'er into a national blockchain by 2025. The application demonstration pilot area, the leading city for blockchain innovation and development in Southwest China, and the core gathering place for the blockchain industry in Yunnan.

[Chongqing Liangjiang New District and Chongqing Banking and Insurance Regulatory Bureau have reached a cooperation to jointly promote the accumulation of digital economy enterprises such as blockchain]

According to China Financial Information Network, on December 1, Chongqing Liangjiang New District and Chongqing Banking and Insurance Regulatory Bureau signed a strategic cooperation framework agreement. Financial support for the construction of new infrastructure such as the Internet helps enterprises develop online and digitally transform, promotes the accumulation of digital economy enterprises such as artificial intelligence and blockchain, supports the construction of a number of digital workshops, smart factories, and smart parks, and promotes smart finance and emerging industries. Technology and the real economy are deeply integrated.

[The first meeting of the overall planning and coordination mechanism for blockchain development management in Jiangsu Province was held]

According to China Jiangsu Net, on December 2, the first meeting of the overall planning and coordination mechanism for blockchain development management in Jiangsu Province was held in Nanjing. Zhang Aijun, Member of the Standing Committee of the Jiangsu Provincial Party Committee and Director of the Propaganda Department, attended the meeting and delivered a speech. Vice Governor Ma Qiulin presided over the meeting. Zhang Aijun emphasized in his speech that it is necessary to deeply understand the strategic significance of developing the blockchain, resolutely implement the central decision-making and deployment, and effectively enhance the sense of mission for the development of the blockchain. He asked relevant units to strengthen coordination, accelerate the promotion of blockchain technology and industrial ecological construction, actively promote the integration of blockchain and economic and social development, focus on strengthening blockchain application management, and strive to create a national blockchain development demonstration zone, in order to solidly promote Our province "strives to be an example, strives to be a demonstration, and is at the forefront" to make positive contributions. Ma Qiulin requested that the overall coordination of blockchain development management should be strengthened, innovation-driven and demand-oriented should be adhered to, the construction of an industrial ecology should be accelerated, the promotion of landing applications should be strengthened, and standard construction should be strengthened to ensure safety and reliability.

["Beijing Regulations on Traditional Chinese Medicine" was officially released, supporting the application of blockchain and other technologies to carry out the traceability of the circulation of traditional Chinese medicinal materials] According to the news from Capital Window, on November 27, the 26th meeting of the Standing Committee of the 15th Beijing Municipal People's Congress The meeting passed the "Beijing Regulations on Traditional Chinese Medicine". The regulations point out that the municipal drug supervision and management department should strengthen the quality supervision and management of traditional Chinese medicinal materials in conjunction with traditional Chinese medicine, agricultural and rural departments, and support and guide drug manufacturers and traditional Chinese medicinal materials operators to use new technologies such as big data and blockchain to carry out the circulation of traditional Chinese medicinal materials. backtracking.

[U.S. lawmakers propose new bill requiring stablecoin issuers to obtain banking licenses]

According to CoinDesk on December 2, members of the U.S. Congress proposed a new bill called the "Stablecoin Network Sharing and Bank License Enforcement Act", which will require stablecoin issuers to obtain a bank charter and obtain a bank charter before issuing stablecoins. Regulatory Approval.

[Jiangxi Provincial Court Enforcement Work Conference: Actively use blockchain to promote the iterative upgrade of the enforcement work model]

On December 2, Jiangxi Provincial Court Enforcement Work Conference and On-Site Meeting to Deepen the Intensive Reform of Enforcement Procedures was held in Xinyu City. The meeting pointed out that the deep integration of execution work and information technology should be further promoted, and modern information technologies such as big data, cloud computing, and blockchain should be actively used to promote the iterative upgrade of the execution work model, and strive to achieve new results in "effectively solving execution difficulties".

[U.S. Congressman: Stablecoin regulatory draft is not conducive to protecting innovation]

U.S. Rep. Tom Emmer expressed opposition to the new stablecoin regulation draft in Congress. He said the bill failed to achieve agreement on innovation protections. "Those of us who support the development of these new innovations in the U.S. have worked hard to learn and understand a technology that will have enormous beneficial impact on low- and middle-income individuals in the U.S. and around the world," he said in a statement. Try to find common ground with the other side on the practical steps to make this happen. I hope the supporters of this bill will do the same." It is reported that Tom Emmer is a member of the Congressional Blockchain Caucus.

[Xu Qiang, Secretary of the Party Group of the Beijing Municipal Science and Technology Commission: Strive to continue to dominate in areas such as blockchain]

According to news from Cointelegraph on December 5, another U.S. congressman expressed opposition to Rashida Tlaib's draft stablecoin regulation. Republican U.S. Rep. Warren Davidson said: "This means dire consequences. It will have the worst impact on the very people Tlaib is trying to protect, namely on those who are unbanked and unserved by banks. The bill's requirements will ensure that only Only large banks can use stablecoin technology in the United States. I don’t know their motives, but I know that the consequence of doing so is to block JPMcoin and kill everything else.” Previous news, according to The Block on December 3, U.S. Representative Tom Emmer expressed opposition to the new stablecoin regulatory draft in Congress, saying that the stablecoin regulatory draft is not conducive to protecting innovation.

industry news

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industry news

[National Internet Emergency Response Center launched the "Blockchain House" mini-program "Lianchacha"]

The "Blockchain Home" data service platform launched by the National Internet Emergency Center launched the WeChat mini-program "Lianchacha". It is understood that in June this year, the National Internet Emergency Response Center launched a self-developed blockchain data service platform "Blockchain House". , project query, ledger query, situational awareness and other data services. On this basis, the newly launched mini program has added functions such as "Link Navigation", "Langya Index", and "Favorites". Among them, "Chain Navigation" can provide navigation functions for blockchain development services, platform services, and application products according to blockchain technology applications and industrial ecological development trends, helping users quickly find electronic contracts, judicial certificates, copyright protection, BaaS Platforms and other blockchain products and services; the "Langya Index" quantitatively evaluates blockchain companies based on public information, and comprehensively describes dozens of indicators from multiple dimensions such as corporate strength, business development, and technical reserves to form an index reference. The "Favorites" function can facilitate users to collect blockchain companies, projects, account addresses, etc. they are concerned about.

[Loudi City will start blockchain real estate registration electronic certificates from December 1]

According to the Securities Daily, on November 27, the Real Estate Registration Center of Loudi City, Hunan Province issued an announcement that from December 1, real estate registration at the municipal level will fully use blockchain real estate registration electronic certificates. Electronic certificates are valid electronic certificates proving that the obligee enjoys real estate rights, and have the same legal effect as paper certificates.

[Beijing promotes the pilot program of trade foreign exchange receipt and payment facilitation and the pilot program of cross-border financial blockchain service platform]

According to the Ministry of Foreign Exchange Administration of Beijing, a pilot project will be launched in the Beijing area to facilitate the verification of the authenticity of the capital account payment facilitation of the cross-border financial blockchain platform. Land first. Liu Yuling, deputy director of the Beijing Foreign Exchange Administration Department, said that in terms of improving cross-border trade facilitation, it is necessary to vigorously promote the pilot project of foreign exchange receipts and payments facilitation and the pilot project of cross-border financial blockchain service platform, accurately support the development of new business models and new models of trade, and solidly promote cross-border trade. RMB facilitation business."[National Big Data (Guizhou) Comprehensive Experimental Zone launches 7 blockchain-based industry applications]"According to Guizhou Radio and Television Station, on December 1,"The press conference on the construction of the National Big Data (Guizhou) Comprehensive Experimental Zone was held in Guiyang. Ma Ningyu, Secretary of the Party Leadership Group and Director of the Guizhou Provincial Big Data Bureau, said that the application of blockchain is accelerating. Accelerate the promotion of blockchain technology and industrial innovation and development, and build a district Blockchain Infrastructure Platform

share chain

, applied in 7 industries, including electronic certificates, project approval and supervision, credit system construction, and smart light poles, serving the whole country.

[Hangzhou Marathon will send competition results through blockchain certificates]

The Hangzhou Marathon will send race results through blockchain certificates. Hang Ma said that, first of all, the characteristics of the blockchain that cannot be tampered with, leave traces throughout the process, and can be traced ensure the authenticity and validity of the grade certificate. Secondly, the step of uploading the results when registering for each competition can be much simpler, and the organizing committee can also be directly authorized to retrieve the results from the chain, and the results are true and valid, and are also valid in other countries.

[Russian bank Alfa-Bank uses blockchain technology to provide services for freelancers]

Alfa-Bank, one of the largest private commercial banks in Russia, is exploring blockchain technology to provide services to freelancers. According to a Dec. 1 announcement, Alfa-Bank will use a blockchain-based application to provide automated services to freelance and self-employed workers. Based on Waves Enterprise's blockchain platform, Alpha Bank's new service covers the entire process of registration and payment of self-employed individuals, including payment settlement, income registration and tax payment.

【Tencent Announces Four Patents Related to Blockchain and Cryptocurrency】

According to data from Qichacha, Tencent Technology (Shenzhen) Co., Ltd. announced four patent applications related to blockchain and cryptocurrency on December 1, including data processing methods, devices and equipment based on blockchain, A smart contract generation method for encrypted currency, related equipment and storage media, a blockchain-based smart contract security detection method and related equipment, a cloud game system based on a blockchain system, and a cloud game control method.

【JD Digits and China Financial Certification Center will jointly build the "Blockchain-Electronic Contract Deposit Alliance Chain"】

According to news from Sina Finance, on December 1, JD Digits and China Financial Certification Authority (CFCA) held a strategic cooperation signing ceremony in Beijing. Relying on the signing of the reciprocal cooperation agreement, in the future, the two parties will integrate their respective resource advantages in financial scenarios, technologies, and customers, and promote cooperation in electronic certification business, judicial practice, password applications, and information security services based on Zhizhen Chain technology. At the same time, the two parties will jointly Build innovative products such as "Blockchain-Electronic Contract Deposit Alliance Chain" and "Blockchain-Distributed Identity Verification Alliance Chain".

[Beijing promotes cross-border financial blockchain service platform pilot]

According to the Securities Daily, recently, the official website of the Beijing Foreign Exchange Management Department of the State Administration of Foreign Exchange disclosed that in terms of improving cross-border trade facilitation, it will vigorously promote the pilot program of trade foreign exchange receipt and payment facilitation and the pilot program of cross-border financial blockchain service platform. Beijing will pilot a cross-border financial blockchain platform capital account revenue payment facilitation authenticity review scenario in the Daxing Airport Area (Beijing Daxing) of the China (Hebei) Pilot Free Trade Zone.

[Blockchain international trade financing platform Contour is about to enter the Beta testing stage]

On December 1, SEB Bank of Sweden officially announced that it has completed part of the creation of the blockchain international trade financing platform Contour. Currently, the bank is running a test environment that will go into beta testing ahead of the imminent launch of a live production environment. According to the press release, the platform aims to minimize the time it takes to process transactions related to letters of credit. According to SEB, the platform can reduce the time it takes to complete a transaction from an average of 10 days to less than 24 hours.

[People's Daily Online "China Blockchain Application Blue Book (2020)" published]

On December 2, the "Blue Book of Blockchain Application: Research Report on China's Blockchain Application Development (2020)", planned by the People's Network Blockchain Research Institute and published by Social Science Literature Publishing House, was officially published. The book is divided into general report, technology innovation chapter, industry application chapter, industry and market chapter, special topic chapter and other parts. The general report mainly summarizes the basic situation, overall characteristics, opportunities and challenges of my country's blockchain application development in 2019. Ye Zhenzhen, Secretary of the Party Committee, Chairman, and President of People's Daily Online, pointed out in the preface of the book that, as a representative of the new generation of information technology, blockchain is an "examination question" of the era. "Difficulty in application" is still a major bottleneck plaguing the development of blockchain. How to solve application problems will be the key to getting high scores on the "examination questions" of this era. As for answering the "examination question", he emphasized that, first, the role of the government must be played in an all-round way, not only as a "referee" but also as a "coach"; To develop, we must serve independent innovation; third, we must accurately grasp the characteristics of technology, not only to explore intergenerational inheritance, but also to focus on developing strengths and avoiding weaknesses.

[The proposed new stablecoin bill in the United States has been strongly opposed by those in the cryptocurrency field]

According to Cointelegraph, the new stablecoin bill proposed by members of the US Congress has been strongly opposed by people in the cryptocurrency field. CoinShares chairman Danny Masters said cryptocurrencies have lowered the cost of services for those excluded from banking. With the introduction of this bill, costs and compliance will increase and, as a result, sever ties to the very populations that sponsors seek to protect. U.S. Rep. Tyler Lindholm of Wyoming said the bill goes against the fundamental spirit of decentralization in the crypto sector. Shapeshift chief executive Erik Voorhees also said the bill was doomed to fail.

[JD Digits blockchain technology won the pilot demonstration project of network security application of the Ministry of Industry and Information Technology]

According to news from the financial world, on November 30, the 2020 China Cyber ​​Security Industry Summit Forum co-sponsored by the Ministry of Industry and Information Technology and the Beijing Municipal People's Government opened in Beijing. At the forum, JD Digital's blockchain technology was awarded the pilot demonstration project of the Ministry of Industry and Information Technology's network security application. In the field of blockchain security, JD Chain’s domestic open-source blockchain underlying engine and JD BaaS blockchain-as-a-service platform independently developed by JD Digits are two core technology platforms that effectively guarantee multiple data security from the underlying technology.

[Shenzhou Information was included in the "Blockchain 50 Index"]

According to the Flush Financial Research Center, according to the index compilation rules, the Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. decided to implement regular adjustments to the sample stocks of a number of indexes on December 14, 2020. China Information was officially included in the "Blockchain 50 Index".

[Shenzhen's first blockchain frozen food traceability platform landed in Yantian]

According to the Shenzhen Business Daily, recently, Tencent's "Cold Chain Food Trusted Traceability Platform" took the lead in landing in Yantian. In the event of an epidemic-related problem, the entire cold chain can be traced. At present, Tencent's "Cold Chain Food Trusted Traceability Platform" has provided credible traceability services for market supervision departments and cold chain food and logistics companies in Hainan Province, Shenzhen and other places, assisting the government to detect cold chain food from the source. Prevent and control potential risks.

[Mango TV and the Planning Institute of the State Administration of Radio, Film and Television have strategic cooperation and will jointly explore the application of blockchain technology in the field of radio, television, listening, and communication integration]

According to interface news, the Radio and Television Planning Institute of the State Administration of Radio and Television and Mango TV signed a strategic cooperation agreement in Changsha. The two parties will work on the formulation of national/industry, enterprise and institution standards, 4K ultra-high-definition program quality assessment, the application of blockchain technology in the field of radio and television listening integration and communication, the development and application demonstration of radio and television intelligent soft terminals, and the evaluation and evaluation of network audio-visual applications (APP) , carry out extensive and comprehensive cooperation in the fields of network security protection technology research and application, as well as equipment, system and program evaluation.

【Malaysia Exchange develops blockchain technology to issue bonds, CCB participates in internal testing】

According to Caixin.com, the branch of China Construction Bank in Malaysia participated in a project of Bursa Malaysia using blockchain technology to issue bonds. The fintech project has now completed a proof of concept.

[Spanish ride-sharing giant Cabify uses blockchain platform to track car carbon emissions]

Spanish ride-sharing giant Cabify announced that it has partnered with Spanish blockchain fintech company ClimateTrade to digitize and track vehicle carbon emissions. The partnership will track users' rides and offset CO2 emissions by distributing points on ClimateTrade's blockchain marketplace.

[The sample stocks of the Shenzhen Stock Exchange Index will be adjusted soon, and 6 technology companies including China Information Technology will be included in the Blockchain 50 Index]

The Shenzhen Stock Exchange recently announced that according to the index compilation rules, the Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. decided to implement regular adjustments to the constituent stocks of the Shenzhen Component Index, ChiNext Index, Shenzhen 100 and other indexes on December 14, 2020. Among them, 6 technology companies including Shenzhou Information, Glodon, and Feitian Chengxin were included in the "Blockchain 50 Index".

[Report: Blockchain Technology Market Expected to Grow $8.07 Billion Between 2020-2024]

According to a report by research firm Technavio, the blockchain technology market is expected to grow by $8.07 billion between 2020 and 2024. Due to the widespread spread of the COVID-19 pandemic, the blockchain technology market will be positively impacted during the forecast period. According to Technavio's market research on the pandemic, the market growth is likely to increase compared to 2019.

[Blockchain service network BSN will undergo quarterly version iteration on January 31, 2021]

The Blockchain Service Network (BSN) announced that it will release new technical services while optimizing the existing BSN functions, performance and service experience. According to the BSN Development Alliance plan, the next quarterly version iteration is scheduled for January 31, 2021. The next optimization will be iterated in three parts: domestic portal, international portal and BSN basic network. On the domestic portal, the optimization includes: the launch of an open consortium chain, the commercialization of the CITA national secret framework, the commercialization of the BSN-based IPFS private network, and the launch of a test version of the consortium chain’s proprietary node service, etc. On the international portal, the optimization includes: adapting 9-12 public chains within three months, providing external services on the international official website and international nodes, and launching a test version of the alliance chain proprietary node service, etc. In terms of the BSN basic network, the optimization includes: the underlying implementation of CITA commercial use, the launch of the commercial use of the BSN Cross-chain Communication Hub (ICH), and the initiation of the framework adaptation of the BSN Open Consortium Chain.

[United Nations releases blockchain solution aimed at improving urban land registration in Afghanistan]

At 9 am on December 5, 2020, the 2020 World Blockchain Conference Wuhan officially opened at the Wuhan International Convention and Exhibition Center. Leaders of the Wuhan Municipal Party Committee, academicians of the Chinese Academy of Sciences, well-known blockchain experts and scholars at home and abroad, famous economists, well-known entrepreneurs and investors were invited to give keynote speeches at this summit.

central bank digital currency

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central bank digital currency

[Securities Times: Central Bank Digital Currency Accelerated Testing, Industry Chain Welcomes Development Opportunities]

According to the Securities Times, since the beginning of this year, the research and development process of my country's central bank digital currency has been significantly accelerated. At present, early technical indicators and other tests have been completed, and pilot projects are being carried out at the regional level in some cities. In addition to the pilot cities, the test application scenarios are also expected to expand. The industry expects that the top-level design of the digital renminbi is basically complete, the implementation of applications is accelerating, and related industrial chains will usher in development opportunities. Hengbao Intelligent, a subsidiary of Hengbao Co., Ltd., has a number of patents such as digital currency wallets; the Fincube solution jointly developed by Sifang Jingchuang and Huawei can provide financial institutions with digital currency and other technical support.

[European Central Bank President: The digital euro will be a symbol of the ongoing European integration process and will eventually help to unify Europe's digital economy]

According to the official website of the European Central Bank, Lagarde, President of the European Central Bank, published a signed article "The Future of Money-Innovating While Maintaining Trust", saying that we can learn important lessons from the past to understand the factors that affect the future of currencies, Including the possible introduction of a digital euro. Ensuring that the euro meets the needs of European citizens is at the heart of the ECB's mission. The ECB wants to ensure that the euro remains fit for the digital age. The Eurosystem is assessing the implications of the possible introduction of a digital euro, which would legally be a liability of the central bank. A digital euro will complement cash and ensure consumers continue to have unrestricted access to central bank money in a form that can meet their evolving digital payment needs. The issuance of a digital euro may be necessary to ensure both continued access to central bank funding and monetary sovereignty. A properly designed digital euro would create synergies with the payments industry and enable the private sector to build new businesses based on services related to the digital euro. The digital euro will also be a symbol of the ongoing European integration process and ultimately help to unify Europe's digital economy.

[People's Bank of China Governor Yi Gang: Steadily promote the research and development of digital currency and improve the legal framework of legal digital currency]

According to the Shanghai Securities News, recently, Yi Gang published "Building a Modern Central Bank System" in "The Central Committee of the Communist Party of China's Suggestions on Formulating the Fourteenth Five-Year Plan for National Economic and Social Development and the Long-term Goals for 2035" Tutorial Reader article. The article mentioned that it is necessary to improve the long-term mechanism for the central bank to regulate the liquidity, capital and interest rate constraints of bank money creation; to maintain the growth rate of money supply and social financing scale and the nominal GDP growth rate that reflects potential output. . An independent central bank financial budget management system must be implemented to prevent the monetization of fiscal deficits and build a "firewall" between the two "money bags" of finance and the central bank. Steadily promote the research and development of digital currency, carry out controllable pilot projects in an orderly manner, and improve the legal framework for legal digital currency. Improve the macro-prudential management system, strengthen the overall supervision of systemically important financial institutions, financial holding companies, and financial infrastructure, and gradually incorporate major financial activities, financial markets, financial institutions, and financial infrastructure into macro-prudential management.

[Huang Guoping, Academy of Social Sciences: It is less likely that the digital renminbi will be freely convertible into gold and foreign exchange in the future]

Huang Guoping, director of the Investment and Financing Research Center of the Chinese Academy of Social Sciences, said in an interview that in the pilot phase, in order to attract more people to use the digital renminbi, the policy may be a little looser, allowing the digital renminbi to be exchanged for gold and foreign exchange. a short-term incentive. In Huang Guoping's view, in the long run, it is less likely that the digital renminbi will be freely convertible into gold and foreign exchange in the future. The digital renminbi is the digitization of banknotes. The digital renminbi has all the functions that the banknotes have, but the digital renminbi does not have the functions that the banknotes do not have. Since banknotes cannot be exchanged for gold and foreign exchange, there is a high probability that digital renminbi is also not possible. However, since the digital renminbi has not been officially launched, relevant policies are still under study and discussion. Whether it can be exchanged for gold and foreign exchange ultimately depends on the national currency and foreign exchange policies.

[Mu Changchun: Digital RMB accounts may have other forms of authentication]

Mu Changchun, director of the Digital Currency Research Institute of the People's Bank of China, said in an interview that the digital renminbi account does not have to be bound to the mobile phone number, but only uses the mobile phone number to open a digital renminbi wallet in order to receive authentication information such as verification codes. Other forms of authentication. In addition, Mu Changchun said that WeChat, Alipay and digital renminbi are not in the same dimension. WeChat and Alipay are financial infrastructure and wallets, while the digital renminbi is the money in the wallet. In the electronic payment scenario, the two wallets of WeChat and Alipay are filled with RMB stored in commercial banks. After the digital renminbi is issued, everyone can still use WeChat and Alipay to pay, but the money in the wallet has increased the digital renminbi.

[Sbercoin may be issued by Sbercoin in 2021]

Sberbank may issue its own cryptocurrency, Sbercoin, in 2021, according to Herman Gref, CEO of Sberbank. Sberbank is partnering with JPMorgan to issue Sbercoin and may launch it in an experiment next year.

[Facebook-backed cryptocurrency Libra has been renamed Diem]

Facebook-backed cryptocurrency Libra has been renamed Diem in an effort to regain regulatory approval by emphasizing the project's independence, Reuters reported. Diem, which means "day" in Latin, is now aiming to launch a digital currency backed by a single dollar, said Stuart Levey, CEO of the Diem Association.

[Russian financial institutions express concern over proposed CBDC]

On Monday, the Central Bank of Russia and a number of banks and financial institutions discussed the digital ruble through a teleconference. Many attendees said they were looking forward to piloting the digital ruble, but some hinted that they were concerned about certain features of the project. Sberbank Deputy Governor Anatoly Popov expressed concern that the digital ruble will be launched as a fully centralized system. In that case, Russian retail banks would have to compete with regulators for customers, he said. Sergey Shvetsov, deputy governor of the country's central bank, agreed that there is indeed competition, as the digital ruble will be a third form of currency in Russia, not a replacement for cash or electronic payments. He added that retail banks still have an advantage in this competition because they can offer interest on deposits, which the digital ruble does not have. Sberbank suggested that banks should act as intermediaries to convert customers’ balances into digital rubles.

[Gold Standard Committee: Steadily promote the development of legal digital currency standards]

According to the China Securities Journal, the National Financial Standardization Technical Committee recently held the 2020 work conference and the fourth plenary meeting of the fourth committee. The relevant person in charge of the Gold Standard Committee pointed out at the meeting that it is necessary to focus on new technologies, new formats and new models, strengthen regulatory technology, compliance technology and other regulatory and guide industry standards, and steadily promote the development of legal digital currency standards in an open and inclusive manner.

[European Central Bank President Lagarde says China leads the way in developing digital currency]

European Central Bank President Christine Lagarde said that the European Central Bank will need some time to prepare to launch a digital currency, and speed is not a top priority. "The People's Bank of China is the frontrunner, has started this work, has begun to explore the feasibility, characteristics and pros and cons of a digital yuan. I think it is still in the experimental stage, but it is true that the yuan is ahead of the euro and the dollar in this regard."

[Wang Xiaohong: Deepen China-ASEAN cooperation in the field of financial opening and promote digital currency cooperation]

According to the Shanghai Securities News, Wang Xiaohong, deputy director of the Information Department of the China Center for International Economic Exchanges and a professor, said in an interview today that ASEAN has become my country's largest trading partner and important investment partner. Under the guidance of the Ministry of Finance, deepen bilateral cooperation in trade and investment, technological innovation, digital economy, cultural exchanges, financial opening and other fields. It is necessary to make full use of the ASEAN market to promote the internationalization of RMB, promote the use of RMB for trade settlement and two-way investment between my country and ASEAN countries, develop offshore finance, and strengthen digital currency cooperation.

[European Central Bank board member: will ensure support for cash payments while supporting digital euro innovation]

On December 3, Fabio Panetta, member of the board of directors of the European Central Bank (ECB), said that the freedom of consumers to choose the payment method is very important to us. Our aim is therefore to provide a strong backstop for cash, ensuring its acceptance and access across the Eurozone, while promoting innovation in digital payments, including our work on a possible digital euro.

[Swiss central bank member: The Swiss central bank has successfully completed experiments on wholesale digital currencies]

Maechler, member of the Swiss National Bank, said that the Swiss National Bank has no plans to launch a retail central bank digital currency, and has successfully completed experiments on wholesale digital currencies. Experiments with the Bank for International Settlements and six exchanges have shown that digital currency payments are feasible. No decision has yet been made on a central bank digital currency and more research is needed. Additionally, the BIS revealed that the next phase of the digital currency trial will be completed by the third quarter of 2021.

[Bank of International Settlements Report: CBDC can only be issued successfully if the private and public sectors work together]

On December 3, the Bank for International Settlements (BIS) released a report saying that the issuance of central bank digital currency (CBDC) can only prove successful if the private and public sectors work together, because it will further promote the real world. Digital currency test. The BIS reported that the tests conducted showed that digital currency payments are feasible, but also noted that without a central bank-backed private sector, governments will have a hard time getting their CBDC projects off the ground.

[Report: Banks should pay interest on CBDC to reduce tax avoidance]

A recent new report from the Bank of Korea discusses the impact of a possible central bank digital currency (CBDC) on tax avoidance. Mechanisms that allow holders of digital currencies to increase interest on their holdings could help incentivize full and transparent activity using digital tokens to minimize incentives for potential tax evaders, the report noted.

[Experts suggest that the "Shanghai Municipal Regulations on Promoting the Construction of an International Financial Center" should be amended to focus on digital currency]

The "Regulations of Shanghai Municipality on Promoting the Construction of an International Financial Center" was first released in 2009. At present, experts and scholars are discussing the new legal requirements and new countermeasures in the new construction process of Shanghai International Financial Center, and proposed amendments to the "Regulations". Among them, digital currency It has become the topic of concern in this "Regulations" revision. Li Jianwei, an expert at the Law Institute of the Shanghai Academy of Social Sciences, said that digital currency has efficiency values ​​such as economy and convenience, and its security should be guaranteed. Digital currency must be a legal currency and must be incorporated into legal norms as soon as possible. If so-called digital currency is arbitrarily fabricated, it will inevitably cause disorder in the monetary and financial fields, cause huge losses, and bring negative impacts on social and economic development.

[Hong Kong Monetary Authority: is studying the technical test of using digital renminbi for cross-border payments]

The Hong Kong Monetary Authority stated that it is working with the Digital Currency Research Institute of the People's Bank of China to study the technical test of using digital renminbi for cross-border payments and make corresponding technical preparations. Although there is no timetable for the launch of the digital renminbi, it is believed that it will provide an additional payment option for residents of the two places who need to make cross-border retail consumption in the future.

[Citigroup CEO: Citigroup is helping governments create digital currencies]

Citigroup CEO Michael Corbat said his bank is helping governments "all over the world" create sovereign digital currencies, also known as central bank digital currencies (CBDCs). Corbat said CBDCs are an "inevitable" development in the future of money, and Citigroup is helping to make that future a reality. Citi has been working with a number of governments around the world on the creation and commercialization of (sovereign digital currencies), he said.

[Federal Reserve Director Bowman: There is still a lot of work to be done on digital currency]

Federal Reserve Governor Bowman said that there is still a lot of work to be done on digital currencies. A digital dollar needs to include extensive public consultation.

[The European Central Bank plans to conduct preparatory experiments on the digital euro in four areas]

Compared with the red envelope pilot in Luohu District, Shenzhen, the Suzhou red envelope pilot is similar to Shenzhen in terms of the amount of a single red envelope and the application and collection path, but also has three important breakthroughs: including the expansion of participating banks from 4 to 6, "dual offline" The function will be launched for the first time, and the consumption scene will expand from offline merchants to online e-commerce. The "dual offline" function of the digital renminbi, which has attracted much attention from the market, will be exposed for the first time in the Suzhou red envelope pilot. According to the reporter’s understanding, the Suzhou municipal government will work with the operating organization to select some personnel from those who signed up for the offline wallet experience program as offline wallet experience personnel, and the number of experience personnel will be controlled within 1,000. Previously, digital renminbi authorities revealed on internal occasions that, unlike mobile payments, digital renminbi can be understood as a property rights system, which does not involve issues such as asynchronous information flow and capital flow, so it can support the use of dual payment in special scenarios such as airplanes and basements. Offline payment function. In the future, anything that can become a unique identity can become an account system, such as a license plate, or even a utility meter, electric vehicle, and terminals will be further extended, and mobile phones will no longer be the only payment center. In addition to offline merchants, online e-commerce companies also participated in this red envelope pilot program for the first time. JD Digits revealed that technology and related scenarios were provided in this pilot. Including online shopping malls and offline scenes such as JD.com's Five Star Appliances, JD Home, and JD Convenience Stores. Among them, the online shopping mall supports online payment and cash on delivery. In addition, Huawei, vivo and other mobile phone manufacturers also participated in this red envelope pilot.

Investment and financing news

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Investment and financing news

[Canaan Technology announced its financial report for the third quarter: total revenue of 163 million yuan]

According to Cryptonews on December 1, South Korean game giant Nexon sold one of its most important blockchain subsidiaries, Entertainment Lab. The move could mean a shift in focus from encryption to fintech for Nexon and its owner, Kim Jong-ju, some experts said. The deal was reported to have taken place in late September, but has remained strictly under wraps until today.

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[He Baohong: In the future, blockchain and industrial Internet will be infrastructure-oriented]

He Baohong, director of the Cloud Computing and Big Data Research Institute of the China Academy of Information and Communications Technology, said that after more than ten years of development, the computing infrastructure has taken a very solid step. After the infrastructure of communication and computing is gradually completed, in the future, artificial intelligence, blockchain, and industrial Internet will also be infrastructure-oriented. This is just a matter of time sequence, but the rhythm of its development cannot be messed up.

[Li Lihui: Blockchain has unique technical advantages to meet the needs of the digital economy and society]

At the opening ceremony of "Believe in the Future--2020 World Blockchain Conference Wuhan", Li Lihui, former President of the Bank of China and head of the Blockchain Working Group of China Internet Finance Association, delivered a speech entitled "Blockchain Technology and Digital Transformation" speech. He said that the "forced adaptation" of the life pattern and business model of the whole society further proved the trend of digital transformation. In the world of Internet of Everything, relying on blockchain technology, artificial intelligence technology and big data technology, a digital trust mechanism can be established. He pointed out that blockchain is a distributed ledger formed by adding blocks confirmed by consensus in order using cryptographic technology. In the economic dimension, the blockchain is understood as a "trusted, interactive, encrypted, and shareable value chain", and the blockchain has unique technical advantages to meet the needs of the digital economy and society. The blockchain forms a trustworthy bond in an environment where trust is unknown or weak, saving the time and cost required for credit formation, and boosting commercial credit in a certain range and to a certain extent; establishing a zero-time difference, Zero-distance authentication tools to improve the actual efficiency and operational reliability of the Internet of Things.

[Li Li, general manager of Tencent Cloud Blockchain: Industrial blockchain is showing four major development trends]

At the opening ceremony of "Believe in the Future - 2020 World Blockchain Conference Wuhan", Li Li, general manager of Tencent Cloud Blockchain, delivered a keynote speech on "Thinking and Action of Industrial Blockchain". He said that the industrial blockchain can build a trusted network of ecological co-creation and value sharing, and solve some problems of the industrial Internet, such as the trusted connection of industrial elements, the shaping and sharing of industrial value, and the collaborative innovation of industrial ecology. The industrial blockchain is showing four major development trends: 1. The industrial blockchain has become the main battlefield for blockchain development; 2. The combination of cloud and chain, the integration of blockchain and cloud computing is getting closer; 3. Blockchain as a service , BaaS has become a trust infrastructure; 4. Policy dividends continue, and government support is still an important driving force for industrial development.

[Li Guoquan: New Zealand and China have many complementarities in the fields of blockchain and digital currency]

At the opening ceremony of "Believe in the Future-2020 World Blockchain Conference Wuhan", Professor Li Guoquan of Singapore University of Social Sciences delivered a speech entitled "DCEP and RCEP: A New Pattern of Inclusive Token Economy". He said that New Zealand and China have many complementarities in the fields of blockchain, financial technology, digital currency, and related laws and policies. Although China's DCEP (or eRMB) does not fully adopt blockchain technology, it draws on the design concept of Bitcoin UXTO and focuses on retail business, focusing on solving the digital payment needs of businesses and people. Singapore's Central Bank Digital Currency Project Ubin (Project Ubin) makes full use of blockchain technology and focuses on settlement and wholesale business between the country and financial institutions. He also pointed out that Singapore will become an important node in the internationalization of eRMB, the digital currency cooperation between the Central Banks of Singapore and China and the internationalization of the RMB, the 660 million people in China and ASEAN (ASEAN), small and medium-sized enterprise financing, and small personal transfers has great and far-reaching significance.

[China Academy of Information and Communications Technology Golden Key: Blockchain network development will go through 3 stages]

At the opening ceremony of "Believe in the Future--2020 World Blockchain Conference Wuhan", Jin Jian, director of the Industrial Internet and Internet of Things Research Institute of China Academy of Information and Communications Technology, delivered a keynote speech "Spark Chain Network New Infrastructure Practice Progress". He said that the development of the blockchain network will go through three stages: 1. Complete digital point-to-point payment based on the blockchain protocol. This stage includes new applications of the existing Internet, such as Bitcoin and Ethereum; 2. Digital registration of physical assets To the blockchain for transactions based on contracts; at this stage, assets will be digitized and registered to the blockchain, enabling real-time valuation and smart contract transactions, while being marked by a wide range of physical assets. 3. A collaborative network based on distributed intelligent computing power centers; large-scale social collaboration will emerge, including new forms of social governance, governments, enterprises and open source communities.

[Wang Weibing of Inspur Group: "SM9+Identification Analysis+Blockchain" empowers the Industrial Internet]

At the opening ceremony of "Believe in the Future--2020 World Blockchain Conference Wuhan", Wang Weibing, Chief Architect of Inspur Group Blockchain Technology Research Institute, delivered a speech entitled "Industrial Blockchain and Industrial Internet". He said that the public key cryptography system is commonly used in the Internet and blockchain. Its characteristic is that the private key is automatically generated by the user, deduced as a public key, and then bound to a real-name identifier. Said to be the logo. Blockchain, identification code (SM9) and identification analysis are the three technical elements of industrial blockchain. Industrial blockchain emphasizes the cooperation between people and equipment, equipment and equipment, and replaces the existing blockchain with identification cryptographic algorithms. There are public key cryptography algorithms that make blockchain more suitable for industrial fields. The industrial blockchain generates trust and value, cryptography provides authentication and security, and the industrial Internet identification analysis system realizes data sharing and analysis services, and the three form an interconnected and complementary relationship.

[Li Wei, CEO of Qulian Technology: The blockchain industry must be combined with the Internet of Things, and many industries must cooperate]

At the opening ceremony of "Believe in the Future--2020 World Blockchain Conference Wuhan", Li Wei, CEO of Hangzhou Qulian Technology, delivered a keynote speech "Blockchain Technology and Industrial Development". In his keynote speech, he said that the blockchain guarantees the security of the entire digital world. We are in the digital world, but no matter what, we still live in the physical space. How safe is this physical space? In fact, the blockchain The chain itself cannot be traced. The blockchain must be combined with the Internet of Things, combined with our entire grasp of the digital world, or we need the industrial Internet to map the assets on the object to the blockchain. The digital asset of the letter. The blockchain is definitely not developed by itself, and requires the cooperation of many industries. The first is the industrial Internet, which is the digitization of assets in the physical world. The second is data transactions. Blockchain has a great relationship with digital transactions. Data is an asset. It is impossible to trade according to the traditional model, because it has unlimited replication and the cost of replication is zero.

[Shen Changxiang, Academician of the Chinese Academy of Engineering: The blockchain must strengthen its own security and system security, and Trusted Computing 3.0 can build a blockchain security defense line]

At the opening ceremony of "Believe in the Future-2020 World Blockchain Conference Wuhan", Shen Changxiang, an academician of the Chinese Academy of Engineering, delivered a keynote speech "Guaranteeing the High-Quality and Healthy Development of Blockchain with Active Immune Trusted Computing". In his speech, he said that the blockchain is an appendable account book that uses cryptography to encode valid transactions in the system, and the security of the password itself must be strengthened. The security of the blockchain is equal to that of other important information systems, and system security must be strengthened. We can use Trusted Computing 3.0 to build a solid defense line for the blockchain. Trusted computing 3.0 realizes the trustworthiness of computing resource system services, helps the blockchain computing process not to be interfered with maliciously, and actively immunizes against malicious attacks. Trusted Computing 3.0 realizes the controllability of transaction data, enabling safe and reliable storage and transmission of blockchain data such as Bitcoin. Trusted Computing 3.0 realizes the manageability of the transaction process, making the transaction process authentic, unforgeable, and credible co-management.

[Huawei blockchain Zhang Xiaojun: Data sharing is the foundation of blockchain applications and the current top priority]

At the 2020 World Blockchain Conference Wuhan, in the afternoon of "Boosting the Digital Economy and Sharing Data Security—Blockchain Big Data Forum", Zhang Xiaojun, Chief Strategy Officer of Huawei's Blockchain, delivered a keynote speech "Blockchain and Data Security" ". In his speech, he said that we have seen many blockchain applications, but in fact there is only one application in the blockchain, that is, data sharing. If the data cannot be connected, then all applications are nonsense, and the data is what can be used in the blockchain to generate applications. fundamental. Big data has become fundamental, that is, how we can get through the data and how to realize the limited sharing of data has become the top priority we are talking about in the blockchain. In the process of big data development, there are trust issues and many pain points between data owners and users. As the government and enterprise industry enters the stage of cross-industry collaborative governance, data sharing and circulation are required. In addition, cross-industry data circulation has become a rigid demand, and data privacy protection is facing challenges, all of which are for the purpose of value exchange.