Block chain technology is considered to be the next core technology with a disruptive impact on the world after Internet technology. As the basic means of digital currency technology, block chain technology has greatly promoted the development of digital currency and digital finance. Based on the integration mechanism of block chain technology and digital currency, this paper analyses the development status of block chain and digital currency, the problems faced by the development of digital currency, proposes feasible development paths, and looks into the future development direction of digital currency.

Meilian Ge. Analysis on the Development Status and Prospect of Digital Currency under Blockchain Technology. International Journal of Frontiers in Engineering Technology (2022), Vol. 4, Issue 2: 51-55. https://doi.org/10.25236/IJFET.2022.040208.

[1] Zhang Wei, Chen Yang. Prospects and challenges of block chain technology in the application of digital currency [J]. Tsinghua Financial Review, 2017 (4): 34-36.

[2] Zhou Jia. Research on the impact of legal digital currency on money supply under block chain technology [J]. On foreign trade, 2021 (03): 77-79.

[3] Cai Yujie. Prospect analysis of block chain technology in digital currency issuance [J]. Times Finance, 2020(12):87-88.

[4] Liu Huiling. Application and practice of block chain technology in modern financial management [J]. Modern Commerce & Industry, 201, 42(01):59-60.

[5] А.А. Заворотный. Analysis of practice of block chain technology application in financial management. 2018