2019•The Frontiers of Society Science and TechnologyRequires access

The Evolution of Digital Currency and the Exploration of the Operating Mechanism of the Global Digital Currency System

Xuan Yang, Lu Qian, Fengtao Fan

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Abstract

With the change of economic form, digital currency is issued in various forms such as private digital currency and central digital currency, However, most of the current currency distribution and circulation system management frameworks have certain defects in credit supervision, technical support and operational mechanism. On the basis of the existing research, we will explore the operating mechanism of the global digital currency system and construct a ternary digital currency model system framework to promote the research of the digital currency system.

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What this paper is about

With the change of economic form, digital currency is issued in various forms such as private digital currency and central digital currency, However, most of the current currency distribution and circulation system management frameworks have certain defects in credit supervision, technical support and operational mechanism. On the basis of the existing research, we will explore the operating mechanism of the global digital currency system and construct a ternary digital currency model system framework to promote the research of the digital currency system.

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Available abstract

With the change of economic form, digital currency is issued in various forms such as private digital currency and central digital currency, However, most of the current currency distribution and circulation system management frameworks have certain defects in credit supervision, technical support and operational mechanism. On the basis of the existing research, we will explore the operating mechanism of the global digital currency system and construct a ternary digital currency model system framework to promote the research of the digital currency system.

Key concepts: Currency, Digital currency, Circulation (fluid dynamics), Mechanism (biology), Business, Monetary economics, Economics, Engineering

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