Blockchain 6

1. Trade on the platform, sell and exchange for RMB

2.

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

3. In short, the current ICO is based on the currency issued by Ethereum, as long as a smart contract is established on it, and financing needs to publicize your contract address, so that others can automatically exchange your currency when they call eth. Finally, it is said that domestic ICO is prohibited

4. Many shopping malls will have a point mechanism, and it has become a very common marketing way for consumers to send points. The application of blockchain is derived from the integral system. Through the integral system of blockchain, we can 1. Build the credit enhancement process of integral issuance, which lays the foundation for circulation; 2. The margin cashed by the blockchain integral bank is the exchange endorsement; 3. From service-oriented to user-oriented, users can transfer and exchange independently, blockchain is responsible for matching, and points play a role in market decision
4; 5. Ecological incentive mechanism is introced. At present, the domestic blockchain integration system technology development has the strength of micro three cloud technology developers.

5. Chainstore is a professional application store that integrates all the mainstream applications of blockchain and coin circle. It integrates exchanges, wallets, quotation software, tool software, blockchain information, blockchain games, instry applications, etc
different from other app stores, chainstore can not only download blockchain instry applications, but also browse the latest airdrop candy information and high-quality blockchain projects. It is an app that provides comprehensive services for the blockchain instry.

6. Before I tell you the scope of application, I'll talk about the function of digital signature: digital signature uses the private key of digital certificate to encrypt the abstract of data, so as to ensure the integrity, authenticity and non repudiation of data

digital signature is the most reliable and key method to ensure the integrity, authenticity and non repudiation of data. Where it is needed, it can be applied
now the typical applications are: online banking, e-commerce, e-government, network communication, etc

7. Cipher finance and economics can be used to provide information about the blockchain market on that day as well as relevant blockchain information.

8. From the perspective of coin an, the head enterprise, coin an spent a lot of time on the implementation of blockchain technology. First of all, in terms of social welfare, coin an China blockchain Research Institute has divided philanthropy through blockchain technology, so that the source and destination of love funding can be seen, and the whole process can be divided  transparent  Traceability.