The study analyzes the basic principle and structure of cholesteric liquid crystal display technology and concludes features and requirements of reflective type of electronic whiteboard based on cholesteric liquid crystal display technology. The design of drive circuit of reflective type of electronic whiteboard; the make-up of large reflective type of cholesteric liquid crystal homogeneous display screen as the display equipment of electronic whiteboard; and the adoption of C language to edit systematic software according to the standard of software engineering contribute to the interactive function of electronic whiteboard of cholesteric liquid crystal.