Person in charge of blockchain

1. Many blockchains are registered in Singapore, and most of them are registered non-profit foundations. How can they be registered legally? In fact, registration is legal and in line with the local laws and regulations of Singapore, so there is no such thing as illegality
when we say whether it's legal or not, we mainly talk about blockchain coin issuing, not registration. Officially, because of concerns about legal compliance, most blockchain issuers will submit legal opinions, especially the non securitization proof of token
at present, many enterprises set up Foundation Ltd. (Foundation) in Singapore because ICO is a new financing mode of digital currency, such as bitcoin, which is based on blockchain by issuing digital encryption token
What are the conditions for registering Singapore Foundation:
1. Provide the name of Singapore foundation ending with Foundation Ltd
2. Provide a member's ID card and passport
3. Provide a witness's ID card
4. Business scope of Singapore company
5. Members and witnesses hold ID card or passport photo

2. Blockchain itself is decentralized, either for indivials or teams. It doesn't have to be a company. If your project needs to be engaged in offline business, you need to register a company. However, if you are engaged in pure blockchain network, there is no need to set up a company. For example, the well-known hummingbird strategy Arbitrage (HMT. One) is carried out between different exchanges.

3.

However, where are the opportunities for these innocent employees? To put it bluntly, some blockchain entrepreneurs are bent on "empty handed White Wolf", and exploit layer upon layer through "deception". Using asymmetric instry information, blockchain, digital currency and other projects are over packaged, giving people a sense of "Hope". This part of the blockchain entrepreneurs' inherent "bad root", to a certain extent, has led to the instry's "sick" development trend

some blockchain entrepreneurs call for embracing the times, changes and the future, emphasizing the charm of decentralized "fairness". But in reality, it is for self-interest, which hurts the interests of job seekers and other related groups, which is a great injustice in itself

The asymmetry of information is not permanent. Blockchain, digital currency and so on are all areas worthy of attention, but they are not the capital that can be used by some entrepreneurs as unlimited squanders all the time. For the job seekers who want to join them, they should polish their eyes, otherwise they may be surprised if they are not careful

4.

At noon, 31 year old Guo Yang (not his real name) had just finished his morning technical meeting, and then he had seven or eight hours of technical discussion waiting for him. He rarely had time to get out of his work and have a meal with his friends. When he heard the other party say "blockchain technical director's annual salary is 1.5 million", his hand trembled and the bowl almost turned over

Zhang Zuoyi's goal now is to complete the transformation of blockchain technology in other scenarios in the same way. He said that as the team has done more and more, we can see that there are more than 300 online brands, and there are nearly 8000 procts. Just like building blocks, he is building his cooperation relationship on the basis of the cooperation of some brands

Guo Yang is also full of ambition at the moment. At 9 p.m., he finished his shift and had dinner with friends in the company canteen. While talking about the latest progress of the blockchain project, he experienced the ups and downs of the blockchain instry and heard some sad or happy news. On the contrary, he felt that the blockchain technology had more vitality and was worth exploring. Thinking of this, I feel that my ambition has been released by my current work, and I am looking forward to establishing a career that really belongs to blockchain technology

5.

Recently, MIT announced that it will launch MIT financial technology laboratory with several top technology companies in the world on July 18, 2018. Its main research directions include blockchain development, privacy security, database, encryption system, etc. ant financial is the only Chinese founder

In an exclusive interview with people, Jiang Guofei, director of ant technology laboratory, said that the former NEC technology VP, who has been wandering in Tokyo Bay and New York Bay for the past 15 years, said that China and the United States are almost on the same starting line in the independent research and development of Frontier core technologies such as blockchain, This is a sight that has never been seen before“ Whether it is Tokyo Bay, New York Bay or San Francisco Bay, they all rise in the blowout of Japan and the United States' comprehensive national strength. Now it's time to go to China, so I'm back. "

content source: phoenix.com

6.

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

7. Now there are crowdfunding, just change their contract account number

8.

Bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology

on January 3, 2009, Chuangshi block was born. Anyone can participate in bitcoin activities and issue bitcoin through a computer operation called mining. Since the number of bitcoin protocols is up to 21 million, some people think that inflation can be avoided

in 2010, bitcoin proced a price in the transaction, and the initial price was about US $0.0025 per coin. If compared with the current $30000 each, the "value" of bitcoin has increased by more than 12 million times in about 10 years

many people in the "coin circle" believe that the players behind bitcoin are no longer technicians and blockchain enthusiasts, but global financial institutions

when bitcoin and other blockchain digital assets increasingly get the participation of mainstream investment institutions, it will help to rece the concern about the legitimacy of bitcoin

in November 2020, PayPal, an online payment giant with more than 300 million users, announced to provide bitcoin trading services for qualified US customers after purchasing a large number of bitcoin

in December 2020, Singapore DBS Bank launched bitcoin and other digital asset trading services for institutional investors. In the past three years, the bank has been calling bitcoin a Ponzi scheme...

however, the soaring virtual currency represented by bitcoin has not changed the reality that it is not generally recognized by the mainstream financial market, which means that the higher the value of bitcoin, the higher the value of bitcoin, The more risky investors are

After all, behind the virtual currency, there is nothing but artificial scarcity caused by technology

9. Yesterday, the price of bitcoin suddenly collapsed and plummeted by 10% because the BBC, a variant of bitcoin, started mining the night before yesterday

bitcoin cash BBC can be said to be a variant of bitcoin. Bitcoin is said to have a limited number, only 21 million, but the real number can not be verified. At present, the fission of the cash BBC makes people believe that bitcoin can be infinitely fission

the essence of currency is a combination of national strength and credit. Bitcoin, as a virtual currency, has no guarantee or endorsement from any country and no legal protection

If a country's currency does not have enough national strength to guarantee its credit, it can only rely on the old hard currency: gold

gold is credit

at that time, with the emergence of bitcoin, some people thought that the golden age had passed, so they compared the emergence of bitcoin to mining. However, there was only one thing in the world called gold, and more than n Ethernet coins, Wright coins and so on appeared around bitcoin. Such virtual currencies can invent countless varieties

it can be imagined that once the virtual currency is destroyed, the real currency gold will lead to long-term good

1. At present, the biggest positive factor for gold is the US dollar. Recently, the continuous decline of the US dollar has made gold form a w double bottom

2. The second relationship of gold is international geopolitics. Any disturbance can make gold as a hedge fund soar

The third related account of gold is the world's hard currency. When a country's currency collapses, unless you have the world's hegemonic currency such as the US dollar, only gold can let you avoid this super risk

At present, China's gold reserves have quietly ranked second in the world, from 1000 tons in 2009 to more than 4000 tons at present. Some people expect that in three years, China's gold reserves will surpass the United States and jump to the first place in the world

According to the data recently released by the China Gold Association, China's gold bar consumption in the first half of 2017 rose by 51.09% to 158.40 tons year on year, and the national gold consumption rose by 9.89% to 545.23 tons year on year! Because the private sector has more than 1600 tons of gold reserves

In 2013, some experts pointed out that China's national gold reserve should be more than 5000 tons, and once a currency war broke out, it could occupy a favorable position

On the one hand, the internationalization of RMB is guaranteed by the comprehensive strength of the country; on the other hand, it has a lot of gold reserves

gold is a combination of money, finance and commodity. It has become a belief of natural currency for thousands of years, and the future of gold is worth looking forward to

thank you

10. Blockchain can be involved in all walks of life, such as food, medical, health, manufacturing, franchise, ecation and many other fields. Due to the characteristics of unchangeable data, decentralization and multidimensional judgment and analysis of information recorded by blockchain. Blockchain is more convincing to investors and users than big data mobile phone, and it is highly recognized by the world at all levels. This black technology is bound to set off a wave of technological revolution in the world.