Analysis of Research Status of Digital RMB Based on Block Chain Technology

In 2014, the people's Bank of China set up a digital RMB research group. After six years of research and experiment, it finally ushered in the test stage of closed pilot project, which is expected to be popularized in the near future. Digital RMB is a legal digital currency developed by the people's Bank of China. As a new legal currency, it is expected to compete with Libra. by its advantages of low cost and high efficiency This paper summarizes the current research on digital RMB, discusses the background, characteristics, positioning and relationship with commercial banks based on block chain technology, analyzes the current application of big data and artificial intelligence from the level of digital finance, and puts forward relevant policies for reference to provide new ideas for the development of digital currency.