{"id":3057,"date":"2020-12-22T13:32:58","date_gmt":"2020-12-22T13:32:58","guid":{"rendered":"https:\/\/afluxcoin.com\/32\/national-controlled-digital-currencies\/"},"modified":"2020-12-22T13:32:58","modified_gmt":"2020-12-22T13:32:58","slug":"national-controlled-digital-currencies","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/ar\/32\/national-controlled-digital-currencies\/","title":{"rendered":"\u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0631\u0642\u0645\u064a\u0629 \u0627\u0644\u062e\u0627\u0636\u0639\u0629 \u0644\u0644\u0631\u0642\u0627\u0628\u0629 \u0627\u0644\u0648\u0637\u0646\u064a\u0629"},"content":{"rendered":"<p>#5 of my Tech Predictions for 2021By Tim Frank Andersen, Chief Digital Officer \u2014 Charlie TangoChina is leading the race to launch the world\u00b4s first central bank controlled digital currencyLast year, I predicted that Facebook Libra would be released in 2020 amidst a lot of criticism and skepticism. But this year, we will take it up a notch in the battle for the future of money.China, and several other countries, have for a long time been heading towards a cashless society and the Corona crisis has just pushed that development further, with the risk of getting infected by physical money.At the same time, the Chinese government has lost power and control to the likes of Alibaba and Tencent, which today are responsible for four out of five payments in China and hence know more about the consumers and their purchasing patterns than the government. And the government fears a world where the future global digital currency could end up being controlled by, for example, the Libra corporation headed by Facebook.Alibaba and Tencent control 4 out of five mobile payments in ChinaTherefore, China is speeding up the roll-out and issuance of the world\u00b4s first central bank digital currency: DCEP (Digital Currency Electronic Payment).It will not be a cryptocurrency per se. It\u00b4s more a digital version of the Yuan, issued and backed by the central bank. But it will share some similarities with cryptos, like getting rid of the middlemen and its support for smart contracts.This is how the Beta version of the DCEP looks likeTo test it out and get the ball rolling, China\u2019s central bank in October 2020 issued ten million yuan (app. $1.5m) worth of digital currency to 50,000 people in the Shenzhen area picked through a lottery, to which more than two million signed up. This digital cash\u2026<\/p>","protected":false},"excerpt":{"rendered":"<p>#5 of my Tech Predictions for 2021By Tim Frank Andersen, Chief Digital Officer \u2014 Charlie TangoChina is leading the race to launch the world\u00b4s first central<span class=\"excerpt-hellip\"> [...]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/posts\/3057"}],"collection":[{"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/comments?post=3057"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/posts\/3057\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/media?parent=3057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/categories?post=3057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/ar\/wp-json\/wp\/v2\/tags?post=3057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}