A method and system for settlement between banks using digital currency

Abstract

The invention provides a method and system for using digital currency to carry out settlement between banks. Direct settlement can be carried out between banks through digital currency, a clearing environment is omitted, settlement efficiency is improved, flexibility of bank settlement selection is improved, the range of application of digital currency is expanded, and application and promotion of digital currency are facilitated. The method for using digital currency to carry out settlement between banks includes the following steps: a launching bank system sends a message of paying a receiving bank with digital currency to a digital currency system; and the digital currency system executes operation of preset items according to the message, and returns a result of an operation success to the launching bank system and the receiving bank system, wherein the operation of the preset items includes transferring digital currency of the launching bank to the receiving bank.

Description

technical field [0001] The present invention relates to the field of computer technology, in particular to a method and system for settlement between banks using digital currency. Background technique [0002] The current inter-bank fund settlement system is divided into two types: one is the central clearing network, and the other is the transfer clearing network. The central clearing network has a centralized clearing institution, and the direct clearing bank has a settlement account in the clearing institution, which is connected with the clearing institution system to realize message transmission. The clearing institution is responsible for the clearing message processing and fund settlement between direct clearing banks. The transfer settlement network is represented by SWIFT, which is based on interbank accounts between banks for settlement. If two banks do not directly open interbank accounts, they need to indirectly settle through interbank accounts through other ba...

AI Technical Summary

Problems solved by technology

[0005] 1. The existing inter-bank settlement system lacks point-to-point direct settlement channels, especially in the cross-border settlement environment, where funds transfer paths are long, timeliness is difficult to guarantee, and costs are high

[0006] 2. On the basis of the existing bank clearing network, digital currency cannot be used as a settlement tool, so that banks can use the original settlement network for settlement, or use digital currency for settlement, or use a mixed method for settlement

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