Author：SecretariatTime：2021-04-02 16:03:40
CollectionRecently, Li Wei, deputy chairman of the National Financial Standardization Technical Committee and Director of the Science and Technology Department of the People's Bank of China, issued a document in the "Tsinghua Financial Review" that legal digital currency is an important infrastructure in the digital economy era.
Recently, Li Wei, deputy chairman of the National Financial Standardization Technical Committee and Director of the Science and Technology Department of the People's Bank of China, issued a document in the "Tsinghua Financial Review" that legal digital currency is an important infrastructure in the digital economy era.
To promote the construction of digital financial infrastructure with legal digital currency as the core, it is necessary to give play to the role of standard technical support, interconnection and standardization, and to support the construction of an efficient and stable legal digital currency operating mechanism with a complete standard system to help the development of digital renminbi. Zhiyuan.
According to a survey released by the Bank for International Settlements in 2020, more than 80% of central banks in the world are conducting research, experimentation, and development of central bank digital currencies, focusing on the design ideas, underlying technologies, application scenarios, and economic and financial systems of legal digital currencies. In-depth discussions on the impact of the legal digital currency and other aspects, and actively explore the implementation path, specific rules and standards of legal digital currency. As legal digital currency gradually moves from theory to practice, the development of international standards will inevitably accelerate in the future.
In this regard, Li Wei said that my country was an early country that began to study legal digital currencies. At the beginning of the development of the digital renminbi system (DC/EP), the People's Bank of China attached great importance to standard construction and achieved positive results. Mainly manifested in the following aspects:
One is to establish a legal digital currency standard working mechanism. In January 2018, the Golden Standard Committee organized and established a special working group for legal digital currency standards, with the People's Bank of China Digital Currency Research Institute as the leader unit, responsible for the research and preparation of relevant standards, and mechanism to ensure my country's legal digital currency standard development The advantages and influence of the company, and provide useful reference for relevant international organizations and central banks of other countries.
The second is to initially form a legal digital currency standard framework. Based on the full integration of legal digital currency theoretical research and development practices, a preliminary legal digital currency standard system architecture has been established, covering business operations, interconnection, wallets, security, supervision, and other aspects, which effectively enhances the top-level design of legal digital currency standard work , To provide a solid standard foundation for building a complete and healthy legal digital currency ecosystem.
The third is to actively participate in the construction of international legal digital currency standards. Actively participate in the development of legal digital currency standards under the framework of relevant international standards organizations, play a constructive role in the ISO/TC68 digital currency security standards, digital token identification and other working groups, and serve as the vice chairman of the ITU-T legal digital currency focus group and Leader of the Ecosystem and Reference Architecture Working Group. At the same time, accelerate the promotion of my country’s legal digital currency standards in line with international standards, and actively adopt internationally accepted message and data identification standards such as ISO 20022, global legal entity identification number (LEI), etc. Do technical support for related financial infrastructure and information systems to better improve the compatibility and internationalization level of the legal digital currency system and the digital currency systems of related institutions.
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