Does the state have the power to issue blockchain

1.

However, the relevant page of wbo shows that "this organization is not in consultative status with ECOSOC", which means that wbo has no affiliation with the United Nations

the above-mentioned instry insiders said that non-governmental organizations (NGOs) are non-governmental and autonomous, which means that they are independent of the government in system, and they are not part of the government system. It is unheard of for NGOs to engage in the business of license issuance and license issuance. The source said that there is a big gap with NGOs in terms of the types and contents of services provided by wbos, It's more like a government regulator

According to UN resolution 1296, if NGOs want to register in the United Nations, their members must participate in organizational activities in a democratic way, have a democratic decision-making mechanism, have arrangements of responsibility mechanism and transparency of decision-making process, And submit information on its budget and sources of funds to the United Nations

According to the instry insiders, NGOs are still on the edge of the existing international system and have limited influence on major decision-making, but it is precisely because they can be registered in the United Nations that many organizations and indivials use them as endorsement tools

it is understood that as early as 2017, there was a similar NGO organization in China, named wadcc, which claimed to be an international organization at the first level of the United Nations and became the first global super sovereign third-party financial regulatory agency (NGO) under the economic and Social Council, Wadcc, like wbo, has no affiliation with the United Nations and is only registered with the UN Ministry of social economy

2.

blockchain is a new technology, not a disguised form of MLM. It is just claimed by many MLM organizations as "blockchain". In fact, there is no technology. It's just a practice of MLM under the name of "blockchain". The state has issued several announcements to crack down on this kind of MLM. The following is the Xinhua news report on MLM of blockchain:

blockchain is not equal to virtual currency, but also has security risks. Behind the popularity, there is exaggeration with "ulterior motives". Only by removing the flashiness, can the blockchain return to its real application value

invest 80000 yuan, change to 800000 yuan after three months? Shenzhen police cracked a huge fund-raising fraud. Under the guise of blockchain concept and 10 times income, thousands of investors were deeply involved in the case, involving up to 307 million yuan. Under the "veil of mystery" of the blockchain, the illegal elements have taken advantage of their own tricks, and the blockchain has become a "signboard" of economic crimes such as fraud and pyramid selling

why is the blockchain repeatedly "misused" by illegal activities such as pyramid selling fraud? In addition to "unknown", what is the "function" of blockchain technology itself? Since the beginning of this year, with the increase of supervision and the cooling of currency speculation, new opportunities have been brought to the development of blockchain. How about the implementation of blockchain commercial "application" The reporter of outlook news weekly recently concted an investigation

when the three-month "capital release period" promised by the trading platform expired and the staff began to "kick" in the QQ group, Tang Haiyan, who lives in Bao'an District of Shenzhen City, realized that she might have been cheated

previously, Tang Haiyan invested 80000 yuan to buy a virtual currency called "ordinary silver coin" under the introction of her classmates“ The other side said that this currency is the most advanced blockchain technology at present, with Tibetan tea as collateral. He also showed me the "technical white paper". I didn't understand blockchain, so I didn't read it carefully. "

although she doesn't know about blockchain and virtual currency, the high investment income makes Tang Haiyan full of expectations. She told reporters that companies issuing "ordinary silver coins" will regularly split the virtual currency according to the ratio of 1:10, which means that each split will make the value of "ordinary silver coins" in the hands of investors expand 10 times. As long as after a split, her investment of 80000 yuan is equivalent to the purchase of 800000 yuan worth of "ordinary silver coins", which can be sold on the trading platform to obtain huge profits

according to the rules of the trading platform, the newly purchased "ordinary silver coin" cannot be traded immediately, and it must be frozen on the platform for three months before it can enter the "release period". However, after three months, not only did Tang Haiyan not wait for the assets to double, but the 80000 yuan frozen on the platform could not be used for trading

"other investors began to question the authenticity of this investment in QQ group. As a result, the staff of the company kicked these investors out one by one, which made me feel bad." She said

The fact also proves Tang HaiYan's intuition. At the end of March 2018, Shenzhen police detected a huge fund-raising fraud, with the amount of fraud funds as high as 307 million yuan. In this case, Shenzhen Puyin blockchain Group Co., Ltd. involved in the case issued virtual currency in the mode of "blockchain + Tibetan tea" to obtain public deposits. Tang Haiyan was one of the thousands of victims

Shenzhen police investigation found that the company claimed that investors could buy and sell "ordinary silver coins" on the virtual trading platform "jucoin net" to earn a price difference

. In fact, the change of its trading price is that the company used investors' investment funds for behind the scenes operation, and once raised the price of "ordinary silver coin" from 0.5 yuan to 10 yuan, so that investors can taste some sweetness. When a large number of investors entered the market, the company continued to cash out through malicious manipulation of the price trend of "ordinary silver coin", which eventually led to the worthlessness of "ordinary silver coin" in the hands of investors

since 2018, engaging in fraud and pyramid selling under the banner of blockchain has become a common "routine" in new criminal tactics. In April 2018, Jinan police dropped a pyramid selling Gang under the guise of "western development", "national poverty alleviation", "original stocks", "blockchain" and "e-commerce", arrested more than 10 major suspects, frozen more than 100 accounts involved, and seized more than 300 million yuan of funds involved

according to Jinan police, huileyi e-commerce company designed a fake virtual disk on the Internet on the ground that the country is vigorously developing the big data instry, and released a variety of virtual currencies such as "precious currency" and "precious currency"

under the guise of giving away, they presented a certain amount of virtual currency to the New MLM staff, with the price of tens of yuan each. Then, through artificial manipulation, they appreciated the virtual currency all the way to more than 100 yuan or even hundreds of yuan, attracting people who did not know the truth to join. Finally, they "cut leeks" through the periodic fluctuation of the so-called "devaluation" of virtual currency, Finally, the purpose of seeking illegal interests is achieved

in Xi'an, a few days ago, the local police successfully cracked a huge network pyramid selling case under the banner of blockchain. According to the police, the suspect, Zheng Mou, has paid a high salary to the 9 network members, such as Zhang and Lee. Since March 28, 2018, he has gathered pyramid selling and network pyramid selling as a means to sell the virtual Datang coins at the consumption era network platform at the price of 3 yuan each, and manipulate the appreciation rate; p>

at the same time, promotion meetings were held in many cities at home and abroad to attract members. According to the development of members, 28 level agents were set up. In just 18 days, the gang developed more than 13000 registered members. At present, it has been found that the case involves 31 provinces, cities and autonomous regions in China, and the fund involved is as high as 86 million yuan

according to Tencent's 2017 pyramid selling situation awareness white paper released by Tencent security joint laboratory, in recent years, all kinds of overseas capital disk, virtual currency and ICO (initial public offering token financing of blockchain project) projects have emerged in an endless stream, which hide many risks such as illegal issuance, untrue projects, cross-border money laundering, fraud and pyramid selling, As a result, a large number of funds flow overseas. Once the market collapses, runs away or loses contact, investors often have no way to complain and the losses are difficult to recover. For example, Baichuan coin, mark coin, beta coin, dark coin, etc

the reporter of lookout Newsweek interviewed in Guangdong, Shandong, Shanghai and other places and learned that most people know that the concept of blockchain is very popular, but they "don't know where it is", and there are different opinions on the specific functions of blockchain: some people think it is used for "investment and financing", "buying and selling currency", while others think it is "a major invention of the same magnitude as the steam engine", Some entrepreneurs are even more eager to seize this "once-in-a-lifetime opportunity to get rich."

many people in the instry said that it is precisely because people have many misunderstandings about blockchain that criminals have opportunities to fish in troubled waters and mislead investors

First, blockchain is not equal to virtual currency. By the end of last year, the number of domestic ICO participants and the total volume of transactions have doubled, a large number of digital currency exchanges have fled overseas, and the agent investment mode has involved more ordinary people in high-risk investment

in many instries, we media and celebrities form interest alliances with issuers and digital exchanges to endorse and create public opinion for the "air currency" project. In December last year, nine departments including the people's Bank of China identified ICO as "suspected of illegal fund-raising, financial fraud, pyramid selling and other illegal and criminal activities"

in the interview, many people told our reporter that the existence of token has built a set of rights and interests mechanism for the development of blockchain technology, which is indispensable for stimulating the prosperity of blockchain applications“ The market practice in the past five years has proved that blockchain applications without equity mechanism are just like market economy without computers connected to the Internet and money, with greatly reced application scenarios and development speed. " An investor in Shanghai said

in fact, the token represented by bitcoin is only one of the earliest procts to verify the blockchain technology, and the two can not be equated, and the existence of token has obviously negative effects on the development of blockchain

Xiao Wei, chief engineer of network blockchain, told this reporter that the myth of ICO's sudden wealth shakes the R & D concentration of blockchain technical talents, and the myth of "sudden wealth" with hundreds of times of return tests the patience of blockchain technical R & D talents“ Many of the "comrades in arms" in the circle who used to do research and development of blockchain technology have gone to issue coins, and now few of them can insist on doing research and development and application of technology. "

Xu zewei, Secretary of the Party committee of Beijing Internet Finance Instry Association, said that under the background of China's ban on ICO, many domestic start-ups promoting blockchain applications are "selling dog meat with sheep's pawn" and financing through concept packaging of worthless tokens“ ICO has polluted the good atmosphere of innovation and entrepreneurship, and created a kind of speculative proct. Many young people are not thinking about entrepreneurship, but are thinking about issuing money, which makes us have the illusion of getting rich overnight. "

at present, more and more people in the instry begin to think about whether the development of blockchain must rely on the issuance of tokens to achieve incentives. Guo Dagang, Secretary General of Beijing Internet Finance Instry Association, told this reporter that the so-called incentive mechanism is only the theoretical basis for the project party to issue tokens for itself. Huo Xuewen, director of Beijing Municipal Bureau of financial work, also believes that if blockchain does not get rid of the dilemma of issuing currency, it will never find a legal landing mechanism

secondly, blockchain is not omnipotent and its security is at risk. Blockchain is generally considered to achieve three functions:

first, the data stored on the blockchain can not be tampered or forged, and the data has high credibility and credibility; Second, the whole process of the transaction can be traced, which can achieve accurate responsibility tracking; Third, the embedded smart contract in the blockchain can be executed automatically based on the contract, so as to improve work efficiency and rece the risk of default. It is generally believed that blockchain has broad application prospects in finance, logistics, trade and other fields

in fact, blockchain is not omnipotent, and its function has many limitations. It is generally believed that, according to the characteristics of cryptography, in order to tamper or falsify in the blockchain, more than 51% of the nodes need to be controlled in theory. When there are enough nodes in the blockchain, it is difficult to tamper with the trust creation mechanism widely participated by the public

However, in reality, digital currency exchanges are frequently attacked or even stolen. On June 20, 2018, bithumb exchange of South Korea announced on its official website that the exchange had been attacked by hackers and stolen 35 billion won, about 32 million US dollars of cryptocurrency

Ji Xinhua, known as the first generation of "hackers" in China, said that the blockchain will continue to face attacks, and the process of uploading data to the blockchain is prone to information leakage. Some people in the instry worry that once the super computing power of quantum computing is realized, it will also have a direct impact on the blockchain

Zhao Yao, a special researcher of the Institute of finance of the Chinese Academy of Social Sciences, told this reporter that the academic community has confirmed as early as 2013 that the blockchain is not perfect and there are many "cheating" strategies. As long as there are enough economic incentives, controlling attacks of more than 51% nodes does not only exist in theory

Zeng Guang, Secretary General of Shenzhen Internet Finance Association, said that the blockchain technology itself does not have the ability to do so

3.

As of May 2020, blockchain and digital currency are illegal in China

according to the announcement of the people's Bank of China Central Network Information Office, Ministry of instry and information technology, State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing the risks of token issuance and financing, Article 2 no organization or indivial shall illegally engage in token issuance and financing activities. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects

Article 3 strengthen the management of token financing trading platform

from the date of this announcement, any so-called token financing trading platform shall not engage in the exchange business between legal currency and token and "virtual currency", and shall not buy or sell token or "virtual currency" as a central counter party, and shall not provide pricing for token or "virtual currency" Information intermediary and other services

extension data

"illegal financial institutions and illegal financial business activities ban" stipulates that:

eleventh, the criminal suspect, funds and property involved in illegal financial institutions and illegal financial activities, and the public security organs shall take compulsory measures according to law to prevent suspect from escaping and transferring funds and property. p>

Article 12 the people's Bank of China shall, after investigation and confirmation, make a decision to ban the illegal financial institutions and financial business activities, declare them illegal, order them to stop all business activities, and make an announcement

Article 13 if the people's Bank of China discovers that a financial institution opens an account, handles settlement and provides loans for an illegal financial institution or illegal financial business activities, it shall order the financial institution to stop the relevant business activities immediately. No unit or indivial may use the relevant funds without authorization

4. At the global financial Technology Innovation Summit hosted by people's daily digital communication, Li Junshan, President of the national blockchain Research Institute and director of the blockchain Certification Center, said that there are three elements to judge whether a blockchain project is worth investing

5. It is suggested that you should study the blockchain after you have just contacted it. In fact, blockchain is essentially a decentralized distributed ledger database. It is a series of data blocks generated by using cryptography Association. Each data block contains information about effective confirmation of multiple bitcoin network transactions. This is the definition of blockchain. If you want to have an in-depth understanding of blockchain, you need to do a little research. Including the characteristics of blockchain technology itself: decentralization, tamper proof, anonymous encryption, point-to-point transaction, intelligent contract, value quantification, accurate data description, etc., there are many contents, which will not be repeated one by one. I don't know which lawyer you are looking for in the field of blockchain. I have contacted the lawyer group of blockchain before. It's better to find a professional one. I hope it can help you.

6. Give him some money, find he has a lot of money, ask him to go again tonight, he also agreed. Hindley is ridiculous

7. What can blockchain do? Blockchain, a great technology with the birth of bitcoin, can greatly rece transaction costs and improve efficiency in the financial field, which is enough to make Wall Street excited. However, this is only the tip of the iceberg, and its potential application prospects are very wide, which will subvert all aspects of our lives in the future

blockchain is an important concept of bitcoin. In essence, it is a decentralized database, as well as the underlying technology of bitcoin. One of the most basic characteristics of bitcoin is decentralization. In recent months, financial giants have graally begun to pay attention to the technology of bitcoin, and used it in non monetary fields, such as stock trading, election voting and so on 1) Art instry
artists can use blockchain technology to declare ownership, issue works that can be numbered and limited edition, and can target any type of art in digital form. It even includes a trading market where artists can buy and sell through their websites without any intermediary services
(2) the real estate instry
uses blockchain technology to solve various problems faced by everyone when participating in real estate, including naming process, land registration, agency and so on
(3) the insurance instry
the financial instry has always been the most sensitive to advanced technology. Traditional banking and securities giants have been investing in blockchain venture capital since 2014, with a total global investment of US $1 billion in two years
(4) P2P wallet
personal assets can be traded through this P2P wallet in the future without going through any central organization, such as bitcoin

most blockchains are in their infancy, and most of them are overseas. There are very few good blockchain projects in China, so it is not recommended that any non professionals invest in blockchain projects. If you are very interested in blockchain technology and have technical or financial background, it is suggested to consider starting a business in this area. In terms of protocol system of blockchain, the bottom layer is the underlying technology of blockchain, including the technical protocol of blockchain, as well as some platform routing and basic algorithms; In the middle layer, we need to solve the problems of some application interfaces and the issuance and verification of some certificates, including the services of some instry platforms, big data analysis, etc. This is a rough division, and there should be more detailed division; The top is some applications of blockchain, including financial applications and other applications, Internet of things and so on

Introction to Bubi blockchain

since its establishment, Bubi blockchain has been focusing on the R & D and innovation of blockchain technology and procts, has a number of core technologies, and has made substantial innovation in many aspects, forming a number of core technology achievements, such as: mathematically verifiable distributed consensus technology, fast large-scale ledger access technology, and so on Multi Chain general ledger technology supporting business form expansion, interconnection technology between heterogeneous blockchains, etc. On April 25, "gege integral" introced the integral system into the concept of blockchain, opened up by multiple parties, issued and exchanged integral, and promoted the circulation of integral. All cooperative institutions can jointly participate in transaction verification, account book storage and real-time settlement; The third-party payment platform of the enterprise points issuer makes the points in and out more flexible. Bubi has developed its own basic blockchain service platform, which has been applied in equity, supply chain, credit and other fields. Bubi has been committed to building an open value circulation network with the core of decentralized (polycentric) trust, so that digital assets can flow freely

the simple understanding of blockchain is a technology at the bottom of bitcoin, which is also a point-to-point e-cash system, which can realize point-to-point value express. We should distinguish the concepts of bitcoin, bitcoin blockchain, blockchain and blockchain technology. In the countries with more developed finance in the past, the technology of Finance and block has a long history, and the legislation of digital currency and block chain network is also very important. With the advent of the financial era, large financial institutions are studying blockchain technology. They have their own team and concept technology. Graally, regional banks are also participating in the discussion of digital currency. In addition to the application and support of this technology, blockchain has great influence on enterprises. For larger domestic enterprises, Bubi block is also applied to all kinds of equity In the fields of supply chain and points, domestic financial institutions and enterprises have focused on the value of new instries and developed their own blockchain platforms. Blockchain has instantly become a new domestic innovation instry. Overseas, compared with China, the United States has already obtained 15 blockchain patents at the end of last year. The application of blockchain finance is entering a new stage in an all-round way. Various applications will be more and more in-depth, and the relevant changes will attract more and more attention, which will also form a great new trend

financial institutions have launched blockchain technology into a new era of Internet and big data applications, which has laid a pattern from negative interest rate profit driven innovation to technological innovation. At this time, domestic giants have suggested that the cooperation alliance not only affects the implementation of financial infrastructure, but also is an important means to expand business cooperation. In terms of implementation, the future payment system securities deposit will not only affect the implementation of financial infrastructure, It is inseparable from the financial and settlement system and big data analysis, while the domestic giants join hands and propose a mutually beneficial cooperation mode, which can not only effectively improve operational efficiency, but also rece costs and find new growth points, After the adoption of blockchain technology, whether the company's procts and services can proce a new business model or a cost advantage far lower than that of competitors

what can blockchain do? What about blockchain? Although at present, there is no mature underlying blockchain technology platform solution, technical problems such as capacity scalability, privacy protection, non net settlement and non recourse need to be solved, and large-scale application of blockchain technology also needs to reset it architecture and reengineer business process, these are only technical problems. The real test of blockchain technology rooted and growing in the financial field is the regulatory agencies and financial institutions. Will the inherent "de supervision" and "de centralization" characteristics of blockchain make the market players have no power to drive technological innovation. However, because the blockchain is a technology based on mathematical algorithm, the establishment of trust relationship between all parties does not need the help of intermediaries or authority centers, and the cost of establishing trust relationship is almost zero (on the premise of the establishment of blockchain financial infrastructure and ancillary infrastructure), and the blockchain code is open-source, no geographical restrictions, and the network pattern is distributed and interconnected, It lays a technical foundation for the establishment and development of Inclusive Finance and shared finance in the future, and creates material conditions for the integration and unification of global finance. From this point of view alone, blockchain technology is bound to establish a core position in the future financial development, and rely on and complement each other with finance, and win-win in the future.

8. At present, the state has not yet recognized
some time ago, the state specially cracked down on this virtual currency
so we should be cautious in investing in virtual currency

9. On September 7, 2018, the Supreme People's Court of China announced the provisions of the Supreme People's Court on Several Issues concerning the trial of cases on the Internet (hereinafter referred to as the provisions). Article 11 stipulates that: "the electronic data submitted by the parties shall be collected through electronic signature, trusted time stamp, hash value verification, blockchain and other evidence If the authenticity can be proved by fixed and tamper proof technical means or by electronic forensics platform authentication, the Internet court shall confirm. " This is the first time that the Supreme People's court has made a judicial interpretation on the authenticity of electronic data deposited with blockchain technology, thus the legal effect of blockchain deposit has been confirmed. At present, a number of third-party right preservation platforms based on blockchain technology have emerged in China. The originator can use the electronic data provided by the platform as electronic evidence in case of right disputes.