Text/Wang Qiao

Editing / Solo show

Zinclink, as the first institutional media to propose industrial blockchain, has been actively promoting the implementation of industrial blockchain. Through in-depth reports to directly poke at the pain points of the industry, through sharing sessions to listen to the voice of the industry, through weekly reports to present a broad view of the industry, and through comments to present a unique perspective of industry observation.

Text/Wang Qiao

This week, Sinopec Guangdong Petroleum Branch launched a pilot digital RMB payment application at 11 gas stations in Shenzhen. It is understood that the digital renminbi payment application will be further expanded to more than 110 self-operated gas stations in Shenzhen within this month. On October 14, according to the official website of the Talent Exchange Center of the Ministry of Industry and Information Technology, the work of the 2021 talent capacity evaluation agency in key areas of industry and information technology started.

Industry Information and Comments

The following is a summary of industry blockchain highlights from October 16, 2020 to October 22, 2020.

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Industry Information and Comments

Pilot launch of digital renminbi payment application at gas stations in Guangdong

On October 13, Sinopec Guangdong Petroleum Company (hereinafter referred to as "Guangdong Petroleum") piloted digital RMB payment applications at 11 gas stations in Shenzhen. After refueling or shopping at the gas station, the car owner presents the payment QR code through the pre-opened digital RMB account, and the cashier can complete the transaction after scanning the code and deducting the payment just like WeChat payment. It is understood that the digital renminbi payment application will be further expanded to more than 110 self-operated gas stations in Shenzhen within this month. At present, Guangdong Petroleum has launched more than 10 smart payment methods including digital renminbi, one-click refueling, minimalist payment, and quick payment for refueling to more than 2,300 gas stations under its umbrella, covering refueling, non-oil shopping, recharge, More than 10 business scenarios such as finance. (Economic Information Daily)

Comment: The digital renminbi has started a trial in Shenzhen and will bring greater convenience to our lives. The pilot project of PetroChina will be the closest digital renminbi to us.

China Central Radio and Television will introduce digital currency for the first time to serve enterprises

On October 20, at the China Central Radio and Television Headquarters 2021 "Brand Power Project" Shenzhen Communication Briefing Meeting, in 2021, China Central Radio and Television Headquarters' "Brand Power Project" will introduce the concept of "brand currency" for the first time. Serve. She Xianjun, director of the marketing department of the main station, revealed that as a digital currency, "brand currency" can be used as cash when purchasing resources and services, realizing one-stop purchases and giving customers more choices. (China Youth Daily)

Comment: The so-called "brand currency" should only be a "virtual currency" similar to points, which can only be used within a specific range and needs to be distinguished from the legal digital currency that is being developed and piloted.

The Digital Currency Research Institute of the Central Bank and the Rural Credit Bank Fund Clearing Center cooperate to promote the application of digital renminbi

The Digital Currency Research Institute of the Central Bank and the Rural Credit Bank Fund Clearing Center Co., Ltd. held a signing ceremony for a strategic cooperation agreement. The two parties will carry out strategic cooperation in digital renminbi application projects. Rural Credit Bank stated that under the guidance of the central bank, it will strengthen cooperation with data research institutes, effectively implement the decision-making and deployment of the digital renminbi work, and better play the role of the main channel for rural payment and settlement, providing services for rural credit cooperatives, rural commercial banks, village banks, etc. Small and medium-sized banking financial institutions provide digital renminbi interconnection platforms with "one-point access" new aggregated networking services, steadily promote digital renminbi research and development and pilot work in rural areas, and will play an important role in promoting digital renminbi-related businesses in rural areas. (Financial Association)

Comment: As the People's Bank of China steadily promotes digital renminbi research and development and pilot projects, banks including small and medium-sized banks and even rural banks will play an important role in promoting digital renminbi-related businesses in rural areas.

Report: The current digital renminbi test still uses QR codes as the payment method and cannot be loaded offline

In the past month, the People's Bank of China launched the world's largest digital currency test in Shenzhen. The CICC research report pointed out that from the perspective of payment methods, the current digital RMB test app still uses QR codes as payment methods, and QR codes cannot be loaded offline. The app includes a "touch" payment function based on NFC tags, but Not activated yet. The pilot banks have provided test merchants with new POS machines, which are currently used to scan digital RMB payment codes. The QR code is conducive to the rapid popularization of the digital renminbi in the early stage, and it is also expected to become the most commonly used payment method in the future. In the future, the digital renminbi is expected to realize offline peer-to-peer payment at the hardware level. (Financial Association)

Comment: As the digital renminbi continues to be tested and promoted, DCEP-related system transformation and financial terminal launch will be accelerated, which is expected to bring a round of upgrading demand.

It is worth noting that the Talent Exchange Center of the Ministry of Industry and Information Technology implements dynamic assessments to build well-known brands. The center has established a dynamic assessment mechanism for institutions that reveal the list, implements an exit mechanism for institutions that fail to meet the assessment standards, and updates the "Catalogue of Talent Ability Evaluation Institutions in Key Fields of Industry and Information Technology" every year. Institutions that have been shortlisted must submit to the center the filing and review materials in the field of unveiling the list, and accept the review and assessment organized by the center. (Securities Daily)

Character·Voice

Comment: The blockchain industry is in a state of rapid development, and there is a strong demand for talents. It is necessary to establish a talent evaluation system, and it also provides more opportunities and a larger platform for talents.

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Character·Voice

Chief Economist of CICC: Digital currency has very limited impact on the economy at this stage

Talking about the development status of my country's digital currency, Peng Wensheng, chief economist of CICC, said that my country's current digital currency electronic technology is used as an electronic payment method, and its main purpose is to replace cash. "At the current stage, my country's digital currency still uses As for the replacement of cash (M0), I think the impact on the economy is very limited, because no one holds a lot of cash for no reason." (Xinhuanet)

Zhang Yifeng: Pay attention to the balance between blockchain security and ease of use

Recently, at the symposium on commercial cryptography and blockchain applications, Zhang Yifeng, director of China Banknote Blockchain Technology Research Institute, said that to further comprehensively promote the in-depth security application of blockchain technology requires the courage and perspective of business process reengineering The eye of process reengineering value should pay attention to the balance between security and ease of use, strengthen the research and development of independent core algorithms, accelerate the integration and application of blockchain technology and other digital technologies such as the Internet of Things, cloud computing, and artificial intelligence, and It is necessary to promote the construction of the blockchain public platform from the height of the new generation of digital infrastructure. (Economic Information Daily)

Yao Qian: The China Securities Regulatory Commission has launched regional market blockchain infrastructure pilots in 5 places

Yao Qian, director of the Science and Technology Supervision Bureau of the China Securities Regulatory Commission, said yesterday that the China Securities Regulatory Commission has launched a pilot project for the construction of blockchain registration and custody infrastructure in the regional equity market in July this year (hereinafter referred to as the "Regional Market Blockchain Infrastructure Pilot"). The China Securities Regulatory Commission first identified five pilot areas including Beijing, Shanghai, Jiangsu, Zhejiang, and Shenzhen. At present, the pilot work is progressing smoothly, and the regional market blockchain infrastructure in each region has its own characteristics.

Yao Qian said that since the implementation of the pilot program, the regional market blockchain infrastructure in each pilot area has its own characteristics. The China Securities Regulatory Commission has established a corresponding evaluation system to guide the pilot work and promote healthy competition. At the end of July this year, the central chain of custody responsible for the construction of the China Securities Regulatory Commission has been initially completed. In September, the local business chains in the five pilot regions all achieved technical connectivity with the central chain of custody. (Shanghai Securities News)

• IMF: The central bank's digital currency may increase the pressure of "currency substitution"

• The International Monetary Fund said central bank digital currencies and stablecoins could increase pressure on "currency substitution," in which foreign currencies are used domestically instead of domestic ones. Currency substitution can weaken the authorities' control over domestic liquidity, reduce the stability of money demand, and potentially weaken the impact of monetary policy. Adoption of the technology could also facilitate illicit capital flows if safeguards are not in place. (Golden Ten)

• Highlights of the 2020 Financial Street Forum Annual Meeting

• Xin Guobin, Vice Minister of Industry and Information Technology: Promote the deep integration of blockchain and finance, and improve the convenience of corporate financing. Xin Guobin said that banks are supported to independently and rationally determine the loan interest rate for manufacturing-related enterprises within a reasonable range, and play the directional and guiding role of the loan market quotation interest rate. Xin Guobin said that by guiding the downward trend of loan interest rates, we will promote the financial sector to reduce the comprehensive cost of corporate financing, strengthen financial technology innovation, promote the deep integration of big data, cloud computing, blockchain, artificial intelligence and finance, and increase the availability of financing for manufacturing companies. sex and convenience. (Beijing News)

• Cai Esheng, vice chairman of the CF40 Standing Council and former vice chairman of the China Banking Regulatory Commission: Asset digitization is the key to whether digital currency can improve the efficiency of financial service entities. Cai Esheng said that the digitalization of assets is the difficulty and focus of the development of financial technology in the next stage. At present, digital cash is gradually being widely accepted by everyone. my country's digital currency has been officially put into pilot use. However, the development of asset digitization lags behind digital monetization. Asset digitization technology is a difficulty that needs to be solved in the application of blockchain in the financial field. From the perspective of application scenarios, asset digitization and digital monetization complement each other, and asset digitization is the key to whether digital currency can effectively improve the efficiency of financial services for the real economy. (Beijing News)

• Chen Jining, Deputy Secretary of the Beijing Municipal Party Committee and Mayor: Promote the construction of a legal digital currency experimental zone and a digital currency financial system. According to Chen Jining, since the establishment of the Beijing Financial Technology and Professional Service Demonstration Zone, 120 companies have settled in, and 17 regulatory sandbox pilot projects are progressing smoothly. various projects, and the application scenarios continue to deepen. Chen Jining said that at present, three aspects of work are mainly considered. First, around the frontier, do a good job in the forward-looking layout of financial technology, focus on the development of digital economy and regulatory technology, from the perspective of the government, focus on breakthroughs in underlying and general-purpose technology breakthroughs, continue to deepen the regulatory sandbox pilot, and promote the construction of legal digital currency The experimental area and the digital currency financial system, relying on the central bank's trade finance blockchain platform, promote the construction of a trade finance blockchain standard system, pay close attention to the work of maintaining financial security, and build a financial technology development that not only ensures safety but also facilitates innovation ecology. The second is to consolidate the foundation and promote the innovation of underlying key technologies. The third is to deepen opening up and promote the international development of financial technology. (Beijing Business Daily)

• Liu Guiping, President of China Construction Bank: Blockchain and other financial technologies make financial services more secure and reliable. Liu Guiping said that financial technology has made financial services safer, more reliable, and more inclusive and fair. He said that making full use of big data technology to use data assets as a key production factor, providing multi-dimensional information, realizing accurate customer portraits, dimensional positioning, classified management, and full-process monitoring to ensure the safety of bank operations; using blockchain technology to achieve reliable data information , Traceable, non-tamperable, protect customer privacy, take into account process, fairness and transparency, and customer information security. (Sina Finance)