Xiong'an new area will issue 3 million digital RMB red envelopes. Why? When will it be delivered? Where can I get it?

The event was co-sponsored by xiong'an new area Management Committee and Shijiazhuang Central Sub-branch of China People's Bank, with six commercial banks of industry, agriculture, China, construction, communications and postal service as co-organizers, and undertaken by UnionPay Commercial Co., Ltd.

When will it be delivered? Where can I get it? Xiong'an new area citizens (subject to the GPS positioning of the mobile phone system) can sign up for activities through Xiong 'anxing APP and Bank of Communications Mobile Banking. Successful customers need to download and register the "Digital RMB" APP according to the SMS or the relevant guidelines of Xiong 'an Bank's APP activity area, open a personal "Digital RMB wallet" and receive digital RMB red envelopes redeemed by step points.

This activity uses the rule of "one step, one point" to accumulate green travel points, and every 20,000 points can be exchanged for 50 yuan digital RMB red envelopes, which are distributed in four batches. Users who have obtained digital RMB red envelopes can use the red envelopes to spend at more than 1000 well-known merchants designated in Bai Le Department Store, Huiyou Shopping Plaza and other new areas.

What does digital RMB mean? The so-called "digital renminbi", to be exact, should be called "digital renminbi", which is a kind of virtual currency, but it is by no means limited to the virtual world.

The so-called virtual currency refers to non-physical currency, which is not manifested in any physical form, but only in the form of bookkeeping (non-physical account books). In this sense, there is a similar thing in the era of physical currency, the so-called derivative currency. Derivative currency is not expressed in physical form, but only settled by bookkeeping.

Derivative currency is still different from digital currency today. Derivative currency is derived from high-energy currency, that is, the physical currency issued by the central bank, so there is a clear proportional relationship. Digital currency has no real currency to rely on. In addition, the bookkeeping of derivative currency needs to be carried out in a relatively closed bank settlement system, while the bookkeeping system in digital currency is relatively open.

It is precisely because of the virtuality of digital currency and its difference from traditional derivative currency that a country should first establish a set of safe and effective issuance mechanism, settlement system, supervision system and hardware environment. In particular, the issuance mechanism has lost the constraint of physical currency, and how to ensure the accuracy of currency issuance has become the key. At the same time, the central bank should strictly supervise the infiltration of other virtual currencies outside the central bank's monetary system and the interference with currency circulation.

Will Alipay and WeChat be replaced? Digital RMB will squeeze the market share of third-party payment platforms such as Alipay and WeChat to a certain extent, but it is unrealistic to completely replace them. Alipay payment began in 2004, and WeChat payment began in 20 14. Both of them have greatly changed the payment habits of Chinese people. More and more people go out without wallets and cash. With a mobile phone and a software, you can spend, spend and transfer money anytime and anywhere.

In the field of mobile payment, Alipay and WeChat occupy more than 90% of the market share and are in an absolute leading position. However, with the introduction and application of digital RMB, their market share is likely to be squeezed in the future. Although the electronic wallet payment scenario of digital RMB is wider and more convenient, it is a new thing after all, and the market needs a gradual and slow acceptance process and will not completely replace it. In the future, digital RMB is likely to coexist with third-party mobile payment platforms such as Alipay and WeChat.