"Scan the code to pay is out, and the future is a world of double offline!" This bold sentence from a certain god of science and technology was loud as soon as he came out. Is QR code payment a thing of the past? The truth is often more appalling than any words.
Since ancient times, the development of money has been a hot topic. The emergence of blockchain technology has made the field of digital currency fruitful. After Bitcoin, a "meteorite"-like existence, the digital yuan, arrogantly challenged the dominance of Alipay and WeChat, and quietly rewrote the map of science and technology.
No one is immune, because the digital yuan is like a tsunami wave that will completely change our perception of money and payments. When you are still dancing and scanning the QR code, the wind of the future is already blowing on your cheeks. So sweep what? With a touch of your phone, the payment is complete! The magic of "double offline" transactions has been released, making the blockchain technology that was once cumbersome to operate more humane.
After years of development, the Internet has given us Alipay and WeChat Pay, the two major APPs, which can be said to be the leader of the first year of electronic payment. They have changed our living habits and made the QR code payment deeply rooted in the hearts of the people. Now, the digital yuan has become a dark horse and has come to a rematch, what will be the situation?
A new and old alternate, a big war is about to break out!
1. From Bitcoin to digital yuan: blockchain opens up a new pattern of payment
As the saying goes, "If a person has no foresight, he must have near-term worries". As early as 2009, an encrypted digital currency called Bitcoin was born, opening a new era of decentralized, anonymous, and immutable payments. At that time, Bitcoin was considered a technological monster, and the future of its application was not optimistic. But no one expected that this "monster" would give birth to such a huge amount of energy.
It was not until 2019 that the digital yuan was born, and it became a "pioneer" in an instant, leading the wide application of blockchain technology in the field of payment.
Yes, that's it! The "revolutionary" power brought by blockchain technology to the payment industry is so great that even the renminbi has been reshaped into a digital landscape. As a blockchain-based digital cryptocurrency, digital yuan has spontaneously given birth to a new payment experience of "double offline" since its birth.
"Thousands of high-rise buildings rise from the ground", this is the wonder of double offline. No need for the Internet, no electricity, the money can be transferred instantly with a touch of the phone. Suspiciously simple, unbelievably magical, dual offline payments show us the infinite possibilities of technology. And all of this comes from blockchain technology.
As a disintermediated distributed ledger technology, blockchain uses cryptography to disperse data into blocks and link them together to form an irreversible ledger that no one can tamper with, thus achieving a high degree of transparency and decentralization. It is with the help of this underlying technology that the digital yuan has completely broken the traditional account system and created a new payment pattern.
The explanation of blockchain technology may be too academic, but if you take a closer look, you will find that it seems to be the Yangguan road through the future, indicating that the real moment of change in the payment field is coming.
2. The digital yuan reshapes the new highland of payment and subverts the QR code payment pattern
During the Industrial Revolution, people often commented on new things: "Unreliable! ”； It was only after it was widely used that he shouted: "I've lost my eyes."
Now, in the face of the emergence of the digital yuan, will Alipay and WeChat repeat the mistakes of the past?
It is undeniable that Alipay and WeChat have been brilliant in the field of electronic payment for many years and are deeply rooted in the hearts of the people. But technology is ruthless, and the changes are even more ruthless. Who would have thought that just when QR code payments were in full swing, a brand new payment method would come out of nowhere, threatening its dominance?
"Double offline" is the real "trump card" of the digital yuan. No need for network, no need for electricity, no need to sweep those black, black and white, dense small squares, mobile phone and mobile phone touch lightly, the transfer is automatically completed, the experience is cool beyond imagination. In comparison, the process of scanning QR code payment does seem lengthy and tedious.
The digital yuan not only subverts the concept of QR code payment at the technical level, but also brings a new experience to the general public. After all, aren't we, the citizens of the digital global village, yearning for a freer, more convenient and more efficient way of paying? The "dual offline" nature of the digital yuan is undoubtedly a new highland for payment, and a proof that the public's desire for new technological experiences will finally be satisfied.
Today, the domestic mobile payment market can be said to be equally divided by Alipay and WeChat. However, once the digital yuan is quickly recognized and sought after by the public with its "double offline" advantages, the situation is bound to change drastically. No matter how powerful Alipay and WeChat are, it may be difficult to stop this wave of digital currency. At that time, whether they will be able to keep their place is really unknown.
3. How do Alipay and WeChat get out of the haze from the "peak moment"?
Disturb the policy; Internal and external troubles are coming. Once upon a time, Alipay and WeChat were still dominating the payment market, but now they have to face the stormy challenge of the "dark horse" of the digital yuan.
This battle is extremely difficult.
After all, Alipay and WeChat have been working in the mobile payment field for many years, with a huge user base of hundreds of millions, and the ecosystem is mature and complete. Its supremacy is impregnable, as if it is unshakable. But the rise and fall of the world all lies in having "ambition".
Once it lags behind the pace of the times, the former king will also fall into decline. From this point of view, Alipay and WeChat are actually in a tricky situation. For a long time, they relied on QR code scanning and payment, but now they have encountered the strong impact of the new model of "double offline", and their relative advantages have suddenly been eclipsed.
"The edge of the sword comes from the sharpening, and the fragrance of plum blossoms comes from the bitter cold."
In the face of the challenge of the digital yuan, Alipay and WeChat want to make a comeback, and there is a road of self-transformation and innovation waiting for them to open up.
It may be to learn from blockchain technology to enhance payment security, or to create a unique ecosystem to enhance user stickiness, or to actively embrace emerging payment methods to form a differentiated competition pattern with digital yuan...... All these choices require the courage and wisdom of Alipay and WeChat to practice. After all, there is no problem in the world that cannot be solved, only stupidity that is unwilling to solve.
Fourth, the development of the digital yuan has a long road to go, and there are many challenges to be overcome
"There is no one before, and there is no one after". Although the digital yuan is gaining momentum and impacting the hegemony of Alipay and WeChat, it still faces many challenges and uncertain future prospects if it wants to truly win a dominant position in the payment field.
There are many obstacles to popularization.
Although the "dual offline" characteristics of the digital yuan are eye-catching, it may take a gradual process to fully accept and use them freely by the public. It will still be difficult to completely replace cash and bank cards for a while.
The issue of cross-border payments remains unresolved.
Due to the differences in monetary policies and management systems of various countries, the digital yuan will inevitably be subject to many constraints if it wants to become popular in overseas markets. In a short period of time, I am afraid it will be difficult to get through the two veins of international payment.
Privacy and security issues remain a major concern.
Although blockchain technology has the advantages of non-tampering, how to truly achieve anonymity, enhance privacy, and prevent hacker intrusion, the digital yuan still needs to be continuously upgraded and improved.
The undertaking of the industrial chain cannot be ignored.
The large-scale promotion of the digital yuan has put forward extremely high requirements for hardware facilities such as payment terminals and functional equipment. How to make traditional equipment take into account the "double offline" payment, so that the industrial chain is highly compatible, which requires the cooperation of the entire industry.
In the face of such challenges, if the digital yuan wants to truly win the future, it must prepare for both "self-upgrading" and "ice-breaking progress" at the same time, and respond strategically step by step. Only in this way can it live up to expectations and become a national brand carrying China's scientific and technological strength; Only then can we truly lead the global payment revolution, achieve a magnificent turnaround, and let the world re-understand China's power.
Write at the end
"The great waves will sweep everything away".
In the face of the surging new force of the digital yuan, Alipay and WeChat should do something, rather than wait and see. As the saying goes, "if you don't advance, you will retreat", if you want not to be overwhelmed by this wave, you can only take the initiative to embrace change and break through yourself. After all, if the former kings rest on their laurels, they will eventually achieve nothing.
In the same way, the digital yuan should not be complacent and complacent. As a rising star in the payment field, it still needs to strive to overcome more thresholds and challenges before it can truly dominate the world and become the world's leader in digital currency. Let's wait and see how this new chapter of the payment revolution blooms!
Every great change starts with a brave attempt. As the old saying goes: "Aim high, although tens of millions of people will go to me." Whether it is digital yuan, Alipay, or WeChat, only with the vision and courage for the future can we pass through the fog and find the road to victory.
Perhaps one day in the future, we will completely say goodbye to QR codes and embrace "double offline" payments to become the norm of life. Or perhaps, QR codes and dual offline go hand in hand. Regardless of the final outcome, we are all witnesses and beneficiaries of this technological revolution. Let us have an open and inclusive mind, look forward to the birth of more black technologies, and jointly paint a new grand picture of payment!