At the special session of the 12th Lujiazui Forum (2020), Mr Meng wenneng, President of tDigital currency markethe monetary authority of Singapore, said that he looked forward to cooperating with China in the field of digital currency. Meng said the main goal of Ubin (Singapore's digital currency program) is to reduce cross-border payment and settlement costs, reduce settlement time and ensure its security. Regarding the possibility of cooperation in digital currency between China and New Zealand, Meng wenneng said that he was looking forward to close cooperation with China in this field. Meng wenneng said that in the CBDC (central bank digital currency) aspect, has carried on the thorough and the positive exploration. Singapore looks forward to exchanges and cooperation with China in this regard.
Still committed to providing cash. We will conduct a practical experiment on the digital currency of the central bank. Even if the cash flow does not decline, it is appropriate for the Bank of Japan to issue digital currency from the perspective of improving the stability and efficiency of the payment and settlement system. The hope is to ensure that the central bank's digital currency can be used for cross-border payments, not just domestic payments. Even if the Bank of Japan wants to issue general central bank digital currency, it should maintain a two-tier system and issue digital currency indirectly through intermediaries. The first phase of the concept experiment is planned for early 2021.
The Institute of digital currency signed a strategic cooperation agreement with the people's Government of Changning District of Shanghai, aiming to jointly create a high-quality financial technology functional platform and a demonstration area of blockchain technology application, and make continuous contributions to the construction of Shanghai financial technology center. The two sides will gather their advantages in technology, talent, scene and service, establish Shanghai financial technology company, and graduallyDigital currency market realize the landing of trade finance blockchain platform and technology R & D center. This is an important link in promoting the ecological construction of trade finance blockchain platform and national layout by the Institute of statistics of the people's Bank of China. It is also an important measure of Changning District to closely connect with the construction of Shanghai financial science and technology center based on its location and industrial characteristics. In the future, the two sides will implement the new development concept with technology driven as the starting point and scenario application as the support, and jointly explore a new pattern of financial technology development featuring openness, cooperation and win-win results.
In an interview with a technical researcher, twitter co-founder and CEO Jack Dorsey described bitcoin, bitcoin, bitcoin, a decentralized, non universal, globally affordable cryptocurrency, while most countries believe that bitcoin is a virtual commodity, not a currency. The concept of bitcoin was born in a paper signed by Nakamoto Nakamoto in 2008. On January 3, 2009, based on the peer-to-peer network without borders, it was invented with consensus initiative open-source software. The number of bitcoin agreements is capped at 21 million to avoid inflation. Using bitcoin is to use the private key as a digital signature, allowing individuals to pay directly to others without going through third-party institutions such as banks, clearing centers, securities dealers, etc., thus avoiding the problems of high fees, cumbersome procedures and regulatory issues. Any user who has a digital device that can connect to the Internet can use it. Bitcoin btcbitcoin see more white papers called poetry. I think the bitcoin white paper is one of the most influential pieces of Computer Science in the past 20 or 30 years, and it's poetry, he says. In addition, Jack Dorsey, in response to a question about the position of bitcoin and digital currency, said that the biggest advantage of digital currency is that no one can set a direction and no one can stop it. Jack Dorsey has long been a staunch supporter of bitcoin and founder and CEO of square, a payment company.
Force protocol force protocol the force protocol is a blockchain open financial platform supported by well-known investment institutions such as ICBC capital and Bawei capital, which is built for the application of distributed financial services. By abstracting and encapsulating the distributed financial business process, the one-stop solution is used to enable decentralized financial application development in the form of SDK and API. It provides an open platform for decentralized application development such as dDigital currency marketecentralized lending, stable currency, bonds and derivatives trading. More forTube liquidity mining will officially open at about 11:00 a.m. on August 4, 2020, with a starting block height of 10591168 and an end block of 10637168. The first round of mining is divided into wind, forest, fire, mountain four rounds, 7 days for a mining round, a total of 28 days. The mining method is deposit mining, users only need to deposit the mining currency supported by the platform, and they can get for as reward. The deposit of digital currency has no lock period and can be taken as soon as it is deposited. The mining income is calculated dynamically. The reward for each block of the [wind] round mining is 100 for. 40for is assigned to HBTC pool, 40for to usdt pool and 20For to busd pool.