China’s central bank’s digital currency research institute ranks third in terms of patents after Ali and Bank of America.

Despite the negative attitude towards digital currency trading such as Bitcoin, the People's Bank of China is undoubtedly the world's central bank with the most knowledge of blockchain technology.

According to the Onion APP report, in the 2017 global blockchain enterprise patent list (top 100) released recently, the number of 33 patents ranked by the People’s Bank of China is ranked third, second only to Alibaba and the United States. bank.

And Shallot found that all the central bank's patents on the blockchain were acquired in 2017, and the People's Bank of China is the only central bank and official institution on the list.

The list was published by the intellectual property industry media IPRdaily in conjunction with the incoPat Innovation Index Research Center. The data range is the number of patents publicly announced in 2017, including invention applications, utility models, and design patents.

The list clearly shows China's leading position in global blockchain research. Among the top 100, China's list of companies accounted for 49%, followed by the United States 33%.

And among the top 10, Chinese companies account for 7 and the United States only has 2.

It is not difficult to see from the data that the achievements of the Central Bank in the research on blockchain and digital currency are no less than the world's top technology and financial enterprises on the list.

This also confirms the statement of Zhou Xiaochuan, governor of the People's Bank of China. At yesterday's press conference, Zhou Xiaochuan said that the central bank began to pay attention to emerging financial technologies such as digital currency, blockchain and distributed ledger technology, and is also working with the industry.

He believes that the development of digital currency is technically inevitable. In the future, paper currency, coins, etc. will gradually shrink or even disappear. China's digital currency will enter the testing stage after a certain stage of research and development.

However, he also stressed that the development of digital currency should be very cautious, and the research and development of digital currency should be fully tested and promoted after being reliable.

He also mentioned that while considering new technologies, it is clear in the direction of service, do not want to create a speculative product, let people have the illusion of riches overnight, but emphasize the service of the real economy.

Regarding the issue of issuing digital currency in the market, Zhou Xiaochuan believes that it is necessary to consider bringing efficiency, security and privacy protection to consumers and the retail market. It is necessary to consider the overall situation and not directly conflict with the current financial order and financial stability.

He pointed out that inadvertent products should be stopped, and some promising ones must be tested and then promoted. Before you put it into operation, you must consider the relationship with consumers and investors. If the test is not fully expanded, it will cause problems.

For the current hot digital currency trading, Zhou Xiaochuan believes that it should be more cautious. He pointed out that virtual asset trading in China is not in line with the direction of financial products and financial services to serve the real economy.

As for whether there will be a regulatory policy after receiving it, Zhou Xiaochuan mentioned that the future supervision is very dynamic, depending on the maturity of the technology and the test evaluation. This remains to be seen, and it is not to say what to do soon. Regulatory measures.

Zhou Xiaochuan also said yesterday that the central bank is developing the digital currency DCEP. He said that the People's Bank had organized digital currency-related seminars more than three years ago, and then set up a research institute, and recently organized distributed research and development with the industry. He revealed that the digital currency currently being developed by the central bank is called DCEP, DC is digital currency, and EP refers to electronic payment.

Yao Qian, director of the Digital Money Institute of the People's Bank of China, also talked about the central bank's conception of digital currency at the end of 2017, proposing to build a good digital currency ecosystem.

Yao said that the future legal digital currency system will have its own ecosystem, and the entire ecosystem is “central bank-commercial bank-end user”. Among them, the end users involve various subjects of the whole society, and may be institutions, including government departments, enterprises and institutions, NGOs, etc., or individuals. Connected to the entire ecosystem is the terminal infrastructure of the communication infrastructure, ie the end user.