To be a decentralized financial listed company

2. From the perspective of Internet development, decentralization is the form of social relationship and content generation formed in the process of Internet development, and is a new network content proction process relative to "centralization"
compared with the early Internet (WEB 1.0) era, today's Internet (Web 2.0) content is no longer proced by professional websites or specific groups of people, but is the result of the joint participation and equal power of all Internet users. Anyone can express their views or create original content on the Internet to proce information together
with the diversification of network service forms, the decentralized network model becomes more and more clear and possible. After the rise of Web2.0, the services provided by Wikipedia, Flickr, blogger and other network service providers are decentralized. Any participant can submit content, and Internet users can create or contribute content together
since then, with the emergence of more simple and easy-to-use decentralized network services, the characteristics of Web2.0 have become more and more obvious. For example, the birth of services more suitable for ordinary Internet users, such as twitter and Facebook, has made it easier and more diversified to proce or contribute content to the Internet, thus enhancing the enthusiasm of Internet users to participate in the contribution and recing the threshold of procing content. Eventually, every netizen becomes a tiny and independent information provider, making the Internet more flat and content proction more diversified
from the perspective of astronomy, decentralization refers to the fact that the universe has no center, that is, a boundless mass without a central point.

3. The decentralization of blockchain refers to the form of social relations and content generation formed in the process of blockchain development. It is a new network content proction process relative to "centralization"
blockchain is an important concept of bitcoin. It is essentially a decentralized database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains a batch of bitcoin network transaction information, which is used to verify the effectiveness of its information (anti-counterfeiting) and generate the next block
blockchain is unified in the whole network, so it is logically centralized. From the perspective of architecture, blockchain is based on peer-to-peer network, so it is decentralized. From the perspective of governance, blockchain makes it difficult for a few people to control the whole system through consensus algorithm, so it is decentralized.

4. 2019 is the first year for blockchain to break the financial monopoly
from cable TV companies to retail enterprises, all walks of life are trying their best to keep their most precious property: monopoly. The traditional view is: "if you control the entrance and channel, then consumers have little choice."
however, we see that companies like Netflix and Amazon break the old pattern and provide more choices for our lives. Similarly, in the field of digital currency and finance, some of the largest financial institutions are facing serious challenges
it is expected that decentralized business and demand will rise in 2019, which will provide more opportunities for successful blockchain companies. At the same time, but this opportunity also means risk. If, as in 2018, the founders or entrepreneurs of blockchain companies make too many promises, and the projects are suspected of exaggeration, they may lose their reputation and first mover advantage< For decades, the world's largest financial institutions have controlled most of the financial systems of the global economy
however, blockchain companies have begun to gain fair competition opportunities through access to banking services and real-time payment. In 2019, the blockchain instry will enter the field of securities, loans and other derivative financial procts in addition to financial payment. Companies like securitize *, Dharma, dydx, compound finance and the ocean are committed to building decentralized finance
in the past few years, mobile application companies such as rap, gojek and paytm have been expanding their business, with payment, investment, remittance, loan and insurance procts emerging. As many Asian economies move from cash to the digital economy, they are rapidly attracting users of new banks
Asian regulators have provided clearer guidelines for blockchain and digital currency projects because they believe that blockchain is a catalyst for economic growth and may become a sunrise instry in the future
in addition, more than 80% of digital currency trading volume comes from Asia, so digital currency investors are eager to establish reliable infrastructure. If Grab, Gojek and Paytm can benefit from digital money investors, they will begin to support the block chain more, providing awesome experience for payment, loans and other derivatives.
back to the original heart
in the past few years, the digital currency instry has deviated from its original financial vision, which is well illustrated in Nakamoto's bitcoin white paper. Just like the prosperity and depression of the Internet, almost all imaginable real cases, such as the logistics chain of tracking the freshness of flowers, are attracting people's attention with the hot word of blockchain
however, just like the early Internet, real landing cases must match the development stage of technology
Netflix, for example, could not successfully stream TV programs in 2000, when less than 1% of people used broadband. In the past few years, it has become more and more obvious that payment is a real case of massive application of blockchain
in 2019, blockchain companies will develop rapidly in decentralized financial applications (such as loans and insurance procts) based on the smart contract platform
I always find that the best application landing occurs in specific market segments. As long as blockchain companies can focus on procts that solve specific problems, we will see more competitive and innovative blockchain companies
and that's a good thing for the instry as a whole.

5. Compared with the traditional centralized financial system, the decentralized financial platform has three advantages:
A. indivials with asset management needs do not need to trust any intermediaries, and the new trust is rebuilt on the machine and code
B. everyone has access, no one has central control
C. all protocols are open source, so anyone can cooperate on the protocols to build new financial procts and accelerate financial innovation under the network effect
defi is a relatively broad concept, including currency issuance, currency transaction, loan, asset transaction, investment and financing, etc
we regard the birth of BTC and other cryptocurrencies as the first stage of decentralized finance. However, the decentralization of currency issuance and storage only provides a point-to-point settlement solution, which is not enough to support the rich financial business. The rapid development of decentralized lending agreements in the past two years will have the opportunity to further open the financial system of the blockchain world and bring decentralized finance into the second stage<

the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system.

6. Hello, it's a great honor to be here to answer your question. The following are some of my views on this issue. If there are any mistakes, please point them out. Start all
and enter the column
almost every supporter of encryption start-ups has a trend, that is, to use the decentralized value of blockchain technology to sell their business fundamentals

in this paper, we will explain the differences between decentralized financial agreement business and traditional business:

we will mainly discuss two aspects:

1) what is the real meaning of defi

2) what are the types and main differences of defi platforms< Users of traditional financial systems often want to build a system that is easier to access, more transparent, lower transaction costs and less dependent on intermediaries. To build such a more equitable financial system, banks, loans and derivatives must undergo fundamental changes. In addition, a decentralized ecosystem, such as defi, is needed. It promotes P2P lending, eliminates centralized control, and provides users with financial freedom

recently, in the field of cryptocurrency, there are many discussions about defi. It provides financial services to the world: loans, derivatives and other procts. Moreover, the role of traditional financial intermediaries has weakened, or even failed to play a role. Proponents of a decentralized financial system see defi as a good alternative to traditional lending. Some have called it the future of borrowing

defi is built on public blockchains such as bitcoin network and Ethereum. It has become one of the "core drivers" on the Ethereum network. By using unlicensed distributed networks, the defi platform converts financial procts into untrusted protocols that can be accessed by anyone anywhere in the world. People who don't have an account in the bank can also use the defi solution to loan and borrow assets, as well as to trade with financial instruments

open source platforms provide users with great benefits, including transparency, cheap cross-border transactions, no credit checks and less censorship. Anyone can carry out financial activities because there is no geographical restriction<

the degree of decentralization of defi

in recent months, the introction of defi solutions has proliferated. They have different models and their degree of decentralization is also different. Compared with other models, some defi models have poor dispersion. This is because only a few of their components are decentralized, while the rest are still centrally controlled by the company

the establishment of agreement, non trust, price supply, determination of interest rate, provision of liquidity of margin call and start-up of margin call are the key components of defi agreement. They determine the degree of decentralization

if there are a large number of decentralized components, then the defi protocol is more decentralized than other models. Such a protocol will give users complete control over their digital assets and get rid of centralized control. So far, there is no single defi protocol that disperses all components

each defi protocol is assigned a category according to the number of distributed components:

centralized finance (cefi)

defi solutions are usually unmanaged, which means that users can control their funds and be responsible for their security. Instead, cefi is hosted. The central system is responsible for keeping the assets of users and ensuring the safety of users' funds

when it comes to loans or loans, users can't control any aspect of funds. The interest rate is determined by the central government, and the liquidity of margin call is provided by the central system or authorities. Cefi procts use centralized price supply, and it is also permitted to issue margin call. Thank you very much for your patience. If you have any help, please accept it. I wish you a happy life! thank you!

7. Enter the column
almost every supporter of encryption start-ups has a trend, that is, to use the decentralized value of blockchain technology to sell their business fundamentals

in this paper, we will explain the differences between decentralized financial agreement business and traditional business:

we will mainly discuss two aspects:

1) what is the real meaning of defi

2) what are the types and main differences of defi platforms< Users of traditional financial systems often want to build a system that is easier to access, more transparent, lower transaction costs and less dependent on intermediaries. To build such a more equitable financial system, banks, loans and derivatives must undergo fundamental changes. In addition, a decentralized ecosystem, such as defi, is needed. It promotes P2P lending, eliminates centralized control, and provides users with financial freedom

recently, in the field of cryptocurrency, there are many discussions about defi. It provides financial services to the world: loans, derivatives and other procts. Moreover, the role of traditional financial intermediaries has weakened, or even failed to play a role. Proponents of a decentralized financial system see defi as a good alternative to traditional lending. Some have called it the future of borrowing

defi is built on public blockchains such as bitcoin network and Ethereum. It has become one of the "core drivers" on the Ethereum network. By using unlicensed distributed networks, the defi platform converts financial procts into untrusted protocols that can be accessed by anyone anywhere in the world. People who don't have an account in the bank can also use the defi solution to loan and borrow assets, as well as to trade with financial instruments

open source platforms provide users with great benefits, including transparency, cheap cross-border transactions, no credit checks and less censorship. Anyone can carry out financial activities because there is no geographical restriction<

the degree of decentralization of defi

in recent months, the introction of defi solutions has proliferated. They have different models and their degree of decentralization is also different. Compared with other models, some defi models have poor dispersion. This is because only a few of their components are decentralized, while the rest are still centrally controlled by the company

the establishment of agreement, non trust, price supply, determination of interest rate, provision of liquidity of margin call and start-up of margin call are the key components of defi agreement. They determine the degree of decentralization

if there are a large number of decentralized components, then the defi protocol is more decentralized than other models. Such a protocol will give users complete control over their digital assets and get rid of centralized control. So far, there is no single defi protocol that disperses all components

each defi protocol is assigned a category according to the number of distributed components:

centralized finance (cefi)

defi solutions are usually unmanaged, which means that users can control their funds and be responsible for their security. Instead, cefi is hosted. The central system is responsible for keeping the assets of users and ensuring the safety of users' funds

when it comes to loans or loans, users can't control any aspect of funds. The interest rate is determined by the central government, and the liquidity of margin call is provided by the central system or authorities. Cefi procts use centralized price supply, and it is also permitted to issue margin call.

8.

Blockchain is a new application mode of distributed data storage, which is an important concept of bitcoin. At present, there are 35 stocks associated with the blockchain concept in the A-share market, of which 6 blockchain concept listed companies are traded on the Shanghai Stock Exchange, and 29 blockchain concept listed companies are traded on the Shenzhen Stock Exchange

according to the correlation of blockchain, the leading stocks of blockchain concept stocks are most likely to be born from Xinchen technology, luyitong and Sifang Jingchuang

Xinchen Technology: on September 29, 2016, the company said in the interaction that the company is now doing research and development of blockchain technology

Lu Yitong: the company plans to raise 67.9691 million shares of additional shares of RMB 24.57 per share, and the total amount of supporting funds will not exceed RMB 1.670 billion, which will be used to pay the cash consideration of this transaction, construct the block chain ASIC chip instrialization project, artificial intelligence ASIC chip R & D center, chip proct marketing and service network, etc

Sifang Jingchuang: on May 31, 2016, the inaugural meeting and the first general meeting of the financial blockchain cooperation alliance (Shenzhen) was officially held in Shenzhen Wuzhou Hotel, and the company was one of the members of the meeting