What changes will digital RMB bring to life?

Since 2022, the China digital RMB version of the app has been available for download in the app stores of Android and Apple. Registration is also relatively simple. Enter the phone number, bind the personal information and complete the registration. Click to open the digital wallet, and you can use the digital RMB. Sliding up the interface is the payment code, and sliding down is the collection code. It's very simple to use. If you usually have experience in using Alipay or WeChat payment, you can get started immediately.

Digital RMB is different from the traditional paper money we used before, and it is also fundamentally different from the encrypted bitcoin we used before and the QR code payment of Alipay and WeChat. It will bring many changes to our lives, mainly in the following four aspects:

First, the payment method is simpler and safer.

On the digital currency software APP, there is a touch quick transfer, which allows us to transfer money by touching the mobile phone. In addition, there is a paste function. Just stick the mobile phone on the hardware wallet device, and you can transfer funds out or in. Is it convenient? In addition, the use of digital currency does not need the help of the Internet, so there is no obstacle to payment in many cases without the Internet. Even if the phone is dead, the digital wallet you installed in the phone can also play the role of payment through NFC technology. And for those who are unwilling or unable to use smart phones, they can choose IC cards, function machines or other hardware.

In terms of security, digital currency in China adopted strict multi-layer encryption technology. Even if there is a theft case in digital currency, digital RMB can provide the function of reporting the loss of real-name wallet.

Second, it can prevent merchants from getting back your payment and protect your privacy.

We buy things on the third-party payment platform, and all the privacy of bills will be recorded on the platform, which is easy to be leaked by unscrupulous merchants. But when using the digital RMB APP, we can register with our mobile phone number and give it to our wallet anonymously without binding anything. When using any platform to buy goods, third-party organizations can't grasp our personal information. Achieve the purpose of protecting personal privacy.

The third is a sharp weapon to combat daily economic crimes.

One of the advantages of using digital currency is the traceability of currency. Every penny in digital currency can be inquired and recovered by the central bank. For example, if you used digital currency this year and were cheated by telecom, you don't have to worry that the money will fall into the hands of criminals and cannot be recovered. As long as you find the public security organ to confirm the facts of the crime, your money will go back to your own digital wallet after a few simple operations. Of course, this is also a magic weapon for those officials who abuse power for personal gain and accept bribes. All the ins and outs of money are traceable and cannot be denied by them.

Fourth, it will be very convenient for the formulation and implementation of national economic and monetary policies.

More effectively supervise the money supply and use of the whole society. Policymakers who analyze policies through big data can understand at a glance that such statistics and supervision are simply impossible to achieve on paper money. Policymakers can analyze these data and work out really effective money use plans to promote economic development and currency rebalancing in various places. For example, in the event of a natural disaster, the government can directly transfer disaster relief funds into the account of each victim, which saves material and human resources and avoids possible mistakes.

In a word, the introduction of digital currency will gradually change people's old habits of using money, and the whole of China will enter a real cashless society. What should come will definitely come. What we have to do is to meet the change, accept it and adapt to it.