The 2016 Spring Festival Gala has just ended, and I believe many people are still upset about not having won the Jingyefu. But it is undeniable that Alipay, which bid 268.8 million yuan for the Spring Festival Gala, is still the biggest focus of people's discussion during the Spring Festival. According to statistics, Alipay added 1.1 billion relationship links during the Spring Festival; 60% of the new users of Yu'ebao came from third- and fourth-tier cities; on the eve of the Spring Festival Gala, the demand for Yu'ebao and account security insurance increased significantly. From previous cash consumption to card consumption, and then to the popular third-party electronic payments such as Alipay and WeChat, the paper money in people's pockets has gradually disappeared and turned into various electronic digital symbols. Judging from the trend of currency historical development, digital currency will also replace traditional paper money and become mainstream. On January 20 , the People 's Bank of China officially stated that it will study the multi-scenario application of digital currency and strive to launch the digital currency issued by the central bank as soon as possible. On February 16 , Tencent announced that WeChat withdrawals will be charged 0.1% of the total withdrawal amount to pay for bank fees. Some netizens are worried that after Tencent WeChat introduced this policy, other third-party payment will also follow its footsteps. This has caused many users to turn to other virtual storage methods. Influenced by the central bank's news on " developing a central bank version of digital currency " , some users eventually chose Bitcoin or other digital currencies as value-preserving investment products, and the number of new registered users of major domestic digital currency exchanges has surged. On February 16 , the Wall Street Journal reported that IBM has begun testing a software based on Bitcoin blockchain technology, which will provide a more convenient service experience for customers who rent IBM hardware. Industry insiders pointed out that if IBM has the right to speak in this technology field, many companies will rely more on IBM for information interaction and storage in the future . According to the latest news on February 23 , Sony Education Group, a subsidiary of Sony Corporation , has successfully developed a distributed accounting system based on Bitcoin blockchain technology, which will record academic levels and test results in a " face-to-face " manner. In the future, Sony Corporation will also conduct feasibility experiments on blockchain technology in multiple departments. Affected by multiple news, the price of Bitcoin began to climb from 2500 RMB in early February to 2900 RMB . Major Bitcoin exchanges at home and abroad have swept away the decline of last month and have seen encouraging trading volumes recently. While Bitcoin has been rising steadily, the prices of a large number of " copycat coins " have also soared. Dogecoin has risen from 0.0008 RMB in January to 0.002 RMB today , with the highest transaction price of 0.0024 RMB , an increase of more than 70% . Fuyuan Coin has soared from 5 RMB to 25 RMB , with a daily trading volume of nearly 5 million, attracting great attention in the digital currency market. It is understood that Fortune Coin, formerly known as Fortune Coin , abbreviated as FTC , is a new type of decentralized digital encrypted virtual currency. Fortune Coin will be used in all companies of the Global Jewelry Association in the future, mainly by converting this digital currency into points to create a decentralized business circle to promote business cooperation and expand the scope of business. At present, the construction of the Fuyuan online mall has been completed and officially launched. Users can use Fortune Coin to shop in the mall, and the entire shopping process is no different from general e-commerce. In addition to being able to freely exchange goods in the mall as points, customers can also use Fortune Coin to shop at offline cooperative merchants, and of course they can also trade on the Fortune Coin trading platform. With the advancement of information technology and the development of technologies such as mobile Internet, cloud computing, terminal security storage, and blockchain, payment methods around the world have undergone tremendous changes. The growth of digital currency will bring new opportunities and challenges to the central bank's currency issuance and monetary policy. | 
