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The Frontiers of Society, Science and Technology, 2019, 1(6); doi: 10.25236/FSST.2019.010619.

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

Author(s)

Yang Xuan, Lu Qian, Fan Fengtao

Corresponding Author:
Yang Xuan, Lu Qian, Fan Fengtao
Affiliation(s)

Chengdu University of Technology, Chengdu Sichuan 610059, China

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.

Keywords

Digital currency system; Ternary digital currency; Credit supervision

Cite This Paper

Yang Xuan, Lu Qian, Fan Fengtao. The Evolution of Digital Currency and the Exploration of the Operating Mechanism of the Global Digital Currency System. The Frontiers of Society, Science and Technology (2019) Vol. 1 Issue 6: 107-115. https://doi.org/10.25236/FSST.2019.010619.

References

[1] Qiu Xun (2017). China's Central Bank Issuing Digital Currency: Paths, Problems and Countermeasures. Southwest Finance, no.3, pp.12-13.
[2]  Ni Qing, Mei Jianqing (2017). Problems in current digital currency management. Shanghai Finance, pp.89.
[3] Song Yaqiong, Wang Xinjun (2016). Distribution Mechanism and Supervision Model of Digital Currency. Academic Exchange, no.7, pp.145-149.