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Homeweb3.0What is the difference between digital currency and WeChat Alipay?

What is the difference between digital currency and WeChat Alipay?

Apr 11, 2024 pm 03:12 PM
AlipayBlockchaindigital currencyBlockchain technologyVirtual currency

What is the difference between digital currency and WeChat Alipay? This is an issue that many netizens are concerned about. Next, the editor of PHP will introduce to you the difference between digital currency and WeChat Alipay. Interested netizens should follow the editor to take a look!

What is the difference between digital currency and WeChat Alipay?

Introduction to the difference between digital currency and WeChat Alipay

1. Digital currency is a decentralized virtual currency based on blockchain technology. The transaction process Transparent and traceable without going through a centralized agency.

2. WeChat and Alipay are centralized payment systems. Transactions are processed by the platform and need to be bound to a bank card or other account.

3. In addition, digital currency has the characteristics of anonymity and global circulation, while WeChat and Alipay usually require real-name authentication and are subject to geographical restrictions.

4. The technical principles, transaction methods, anonymity and circulation scope of the two are completely different.

The above is the detailed content of What is the difference between digital currency and WeChat Alipay?. For more information, please follow other related articles on the PHP Chinese website!

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