The Intrinsic Attribute of Digital Currency

Journal of Economics and Business

ISSN 2615-3726 (Online)

ISSN 2621-5667 (Print)

Published: 10 November 2018

The Intrinsic Attribute of Digital Currency

Chen Zhu, Liping Chen

Nanjing University of Finance and Economics, China

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10.31014/aior.1992.01.04.43

Abstract

With the advent of the fourth industrial revolution, the sharing economy based on Internet, big data analysis, artificial intelligence, and cloud computing came into being. Similarly, Subversive changes in interactive information processing, network e-commerce, government services have occurred. The new industrial revolution needs new financial forms to support. As an innovative financial model, the financial technology relies on technological innovation to reduce service costs, and provides fast and accurate cloud services, becoming the trend of modern financial industry development. The development of financial technology also needs innovative currency forms to support it. Therefore, accelerating the development of legal digital currency is of great significance in boosting the development of financial technology.

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