Blockchains such as Bitcoin and Ethereum, which are completely decentralized, are limited by technical bottlenecks. At present, transaction confirmation is very slow. Bitcoin can only handle about 7-8 transactions per second, and Ethereum can only handle 10-20 transactions per second. However, Taobao’s transaction peak reached 92,771 transactions per second during the Double Eleven last year. Therefore, if we want to meet the daily payment of the public, we can only adopt alliance or private chain technology at present.

　　At present, the Agricultural Bank of China is conducting an internal wallet test on digital currency DCEP, the central bank. Because the wallet is still in the internal testing stage, users who have not entered the white list cannot register for use.

　　At present, the first batch of pilot areas only include four cities: Shenzhen, Xiong ‘an, Chengdu and Suzhou, with a set of six figures behind each city name. DCEP wallet can support common functions such as DC conversion, inquiry, code scanning, remittance, etc. Users can directly convert their bank cards into DCEP and store them in their wallets.

　　From the picture, in the middle of the homepage, we will find four common function entrances, namely, scanning code payment, remittance, receiving and paying QR code, and touching. Touching this new function is another new payment method after the face-brushing payment.

　　Due to the limited content of the screenshots, it is certain that the landing of DCEP will bring us a brand-new payment method, even financial management, financial methods, business methods and so on.

　　The central bank adopts a "two-tier operation" mechanism. According to Forbes’ previous report, in the initial stage, the central bank will exchange DCEP for Ali, Tencent, ICBC, BOC, CCB, ABC and UnionPay, and then they will issue it directly to the public. After the DCEP is really released, we can exchange it directly through WeChat, Alipay and Bank App.

　　In the future, the central bank will also reach cooperation with foreign banks, thus pushing DCEP to the world.

　　The launch of digital currency, the central bank, means that a new round of digital and information revolution based on blockchain and digital currency is officially launched in China, which will be good news for all walks of life. We will wait and see in the future.

　　Pay attention to changing WeChat official account, add customer service WeChat [huandian007] to enter the official community of changing points, and the official download and use time of DCEP will be changed simultaneously to inform you that there are still more red packets of rain waiting for you in the group ~