Wuzhen scene Hu Jie: Libra and the central bank digital currency are completely different, one is a new bottle of new wine, one is a new bottle of old wine

Babbitt's live report, #2019 World Blockchain Conference·Wuzhen# Today's wonderful continues, sub-forum "Block Chain Events: New Hotspots and Explorers" officially opened. On the round table entitled “Opportunities and Challenges: Libra and Central Bank Digital Currency”, Hu Jie, a professor at Shanghai Jiaotong University's Shanghai Institute of Advanced Finance, pointed out that Libra is completely different from the central bank's digital currency (DCEP), one is a new bottle of new wine, and the other is new. Bottled old wine. Libra is purely based on the exploration of blockchain technology, DCEP is more about applicability, open to the use of blockchain. Moreover, the purpose of the two is different. Libra is producing a cross-global and cross-sovereign currency. DCEP is relatively simple, which is to replace banknotes in RMB. Tim Yang, deputy general manager of Weibo Research and Development, believes that the bottom layer of DCEP should use blockchain, no blockchain, DCEP and previous electronic money are not essentially different.
Live video: https://www.8btc.com/wbc-2019/