The advantages of the central bank issued digital currency

Currently, the central bank's digital RMB is being piloted, and has been used in some areas, from which we can foresee that in the near future, the digital RMB will be fully issued in China. But what are the advantages of the digital yuan?

1, in the case of poor network signal, online banking and payment platforms are often paralyzed, but the central bank's digital currency, even if there is no network, as long as the two cell phones equipped with DC/EP digital wallet touch, you can realize the transfer or payment function.

2, digital currency does not need to be tied to any bank account, free from the control of the traditional bank account system.

3, paper currency may be lost or stolen, but the digital RMB is completely electronic in form, even if the phone is lost will not lose the digital RMB, the security index is extremely high.

3, digital RMB can meet the normal anonymity needs of consumers, for example, in terms of micro-payment, digital RMB is like cash, the other party can not track your spending.

4, the birth of the digital currency allows us to reduce the destruction of nature; also allows the state state to effectively view the source of funds, for the fight against money laundering is very helpful.

All in all, the digital RMB has the advantages of convenience, speed, security, and ease of management, but also to meet our privacy protection needs, and does not threaten the third-party payment system.