Does Hong Kong allow blockchain
1. Jinrong China Financial Instry Co., Ltd.
this is a digital currency trading platform in Hong Kong. At the beginning of trading, it developed on the principle of safeguarding the rights and interests of customers. Similarly, in order to expand trading customers, the company launched the privilege of opening accounts free of charge, and gave customers some concessions in some festivals, This is an important reason why the enterprise takes the first place in the domestic formal blockchain platform
2. Bitfinex
is a digital currency trading platform in Hong Kong, China. It is one of the largest cryptocurrency exchanges in the world. It occupies an important position in the world's cryptocurrency trading and circulation. It also provides the world's most liquid registration policy and plays an important role in the world's trading operations, At present, it occupies the second place in the domestic regular blockchain platform
3. Fire coin network
this is an earlier digital currency trading platform in China, mainly trading bitcoin. As the third instry of domestic regular blockchain platform, it is the trading platform with the largest bitcoin trading volume in China. Many new digital asset trading platforms have been developed under the company, For the future development of the foundation
This is a digital currency trading platform jointly established by some digital currency enthusiasts, and its founder is Zhao CHANGPENG. In fact, this trading platform didn't attract much attention at the beginning. With the continuous operation of the company and the founder's understanding of digital currency, this enterprise has become the top four domestic regular blockchain platforms, which shows the power of this platform This is one of the most popular digital asset trading platforms in the world. There are many kinds of digital currencies for trading, and their main functions are cash out and derivative trading. They are well-known in the world's exchangesAs 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 authorizationRipple / XRP can't be g, but recently ripplelab team participated in WCG project (by contributing their remaining computer computing power to solve some scientific research calculation problems such as cancer, love death and so on). You need to take part in it, and ripplelab will give you some XRP according to your contribution
reborn coin is the base currency of ripple network. It can circulate in the entire ripple network, with a total amount of 100 billion, and graally decreases with the increase of transactions. The operating company of reborn coin is ripple labs (formerly known as opencoin)
reborn currency is the only common currency in ripple system, which is different from other currencies in ripple system. Other currencies such as CNY and USD can't withdraw cash across gateway. In other words, CNY issued by gateway a can only withdraw cash at gateway A. if you want to withdraw cash at gateway B, you must convert it into CNY issued by gateway B through the registration function of ripple system. However, reborn coin has no such limitation at all. It is universal in ripple system
like bitcoin, XRP is a digital currency based on Mathematics and cryptography, but different from bitcoin, XRP has the main bridge currency and security function in ripple system, and the security function is indispensable, which requires that the gateway participating in this protocol must hold a small amount of XRP
Further information:because ripple labs officials do not care about the price of the currency, and do not want people to make the price of the currency rise greatly in the short term through speculation, but hope that people can slowly accept the currency by understanding the ripple agreement, Therefore, the price fluctuation of reborn currency may be smaller than other virtual currencies, but in the long run, its price will graally show up with the development of ripple agreement, but any investment is risky. It is suggested that we invest rationally and make a reasonable judgment on its value
reference: Network - reborn coin
at present, public chain is regarded as the most promising development direction in the field of blockchain, because it is more in line with the nature of blockchain, and is also the underlying protocol of blockchain, and is the "operating system" of blockchain world
after the exploration of the first generation of public chain bitcoin and the second generation of public chain Ethereum, the third generation of public chain is focusing on solving the problems of system scalability, security and regulatory compatibility to carry large-scale commercial applications. At the same time, the third generation public chain still needs to retain the open and autonomous characteristics of blockchain
this is totally different from the architecture of the Internet. The value of the underlying protocol of the blockchain far exceeds that of the application layer. Therefore, the R & D and investment of the blockchain pay more attention to the underlying public chain technology. In addition, the underlying public chain will still be the focus of the blockchain instry at this stage, and the competition among public chains in terms of scalability, applicability, and application ecology construction will continue for a long time
the development of blockchain projects in recent years
according to the current development stage of blockchain, blockchain technology has gone through three stages. Blockchain 1.0 stage: the formation stage of blockchain concept. In this stage, as BTC first came into view and attracted people's attention to the blockchain technology behind it, the issue of digital currency at this stage makes the P2P transmission of basic value information and data a reality and opens the door to the blockchain world. However, this stage is limited to simple applications and has no practical value
blockchain 2.0 stage: the development stage of the underlying technology of blockchain in blockchain 2.0 stage, the underlying platform of blockchain, represented by eth, Neo, qtum and EOS, aims to upgrade and innovate consensus mechanism, smart contract, development components, transaction processing speed and development language, and assist with fragmentation, cross chain, side chain, digital identity Review and design technology innovation, trying to solve the problem of blockchain commercial application, but at present, many technology platforms are not perfect or in the development stage, there is still a distance from the real commercial stage
blockchain 3.0 stage: large scale application stage in blockchain 3.0 stage, with the maturity of blockchain technology, some platform projects will become the connector between the real world and the blockchain world, and can access other blockchain systems, forming a common blockchain technology platform and supporting large-scale transaction processing requirements, There will be more blockchain applications, and blockchain technology will really enter real life
as a public chain to help resource value network platform enable, sea will continuously iterate the incentive mechanism of resource value exchange network by mining the effective operation behavior of resource supply and resource consumption, and provide underlying technical support for other resource value exchange platforms. Guided by the theory of ecological planet, sea practices the concept of btcai, relies on abundant enterprise resources, and combines with its own major breakthrough in public chain technology to help traditional enterprises realize the chain reform, and truly achieve the combination of blockchain and entity enterprises.
The financial services Development Committee (FSDC), established in Hong Kong in 2013, aims to provide relevant guidance on the policies of the financial services instry. This morning, the Committee issued a report for discussion, in which it recommended that the Hong Kong government take measures in several key areas
if established, this plan will be associated with some efforts of the central bank in Hong Kong
In the context of increasing attention to blockchain technology in major financial centers around the world, the Hong Kong Financial Services Development Committee (FSDC) recognized the importance of understanding and developing the technology and released a report on Tuesday urging the Hong Kong government to set up a financial technology office to focus on blockchain technology
The Committee concluded that "Hong Kong needs to be fully involved in DLT now to ensure a place in a world that may be completely different in the future."Yes
2016, Alipay was awarded the first batch of payment licences in Hongkong. In May 24th of p>
2017, Alipay announced the launch of the Hongkong version of the electronic wallet, Alipay HK, which provides cash free services to Hongkong residents. After the on-line version of Alipay is launched, all Hongkong residents can pay directly by using Hong Kong dollar by binding Alipay's local bank credit card or recharge to use Alipay. This is the first time Alipay has released the App version outside the mainland. In October 30th p>
2017, the first batch of Alipay's taxi body was posted on the slogan "Hongkong is also using Alipay", starting from the Hongkong stadium. In March 8th of p>
2018, Alipay HK has more than 1 million users in Hongkong, and 10 thousand breakthroughs in cooperative business. On June 25, the E-wallet cross-border remittance service based on blockchain was launched in Hong Kong
extended data:
1, port version Alipay function:
(1) three major services:
port Alipay provides three services: sweeping code payment, business discount and stamp printing. Among them, the experience of scanning payment code is exactly the same as that in the mainland. Just open the payment code and let the merchant scan it to complete the payment
(2) cross border remittance: the users of Alipay port version of Alipay AlipayHK can send remittances to Philippines wallet Gcash through block chaining technology, and the Hongkong Standard Chartered Bank will be responsible for the liquidation and exchange of foreign currency at the end of the day. P>
2, service range:
Alipay HK includes Zhou Dafu, PARKnSHOP, Watsons, Feng Ze electric appliance, Sasa, Zhuo Yue, Giordano, Mei Xin Xi cake, Ocean Park and so on. More than 2000 well-known shops in Hongkong have access to the Swedish version of Alipay's scan code payment, covering the department stores, convenience stores, supermarkets, hotels and theme parks and other scenes. P>
reference source: Network - Alipay HK