Nu digital currency

3. Since its establishment, Beijing Digital Capital Technology Co., Ltd. has been committed to studying how to effectively solve the instry pain point of "traditional instry + blockchain". Various projects emerge in endlessly in the blockchain instry, and the technology has been innovated repeatedly. At present, the hottest topic is "stable currency". Beijing digital technology has also been supporting the stable currency system, bringing new development opportunities for the blockchain instry
what is stable currency
stable currency, as its name suggests, is a cryptocurrency with stable value, and its exchange ratio with legal currency remains relatively stable. Because the exchange ratio between legal currency and goods and services is relatively stable, the ultimate anchor of stable currency is goods and services, that is, the actual purchasing power
stable currency originated from usdt (benchmarked US dollar) issued by 2014 bitfinex established tether limited. The opportunity for the birth of cryptocurrency is that the mainstream currency accounts for the vast majority of the market value, but the price fluctuates violently, which makes the liquidity of cryptocurrency market decline. In this case, in order to protect their assets, investors need to find a better way to store value, so the stable currency market arises at the historic moment
the essence of stable currency is a kind of accounting voucher
modern banking system is based on the central bank at the bottom, commercial banks at the top and financial technology companies at the top. Their basic prototype mainly comes from the double entry bookkeeping which was born 500 years ago. Even after so many years, the banking system is constantly developing and changing, but its core is the centralized account system, which depends on the central bank. When we transfer money from one account to another, we are actually making account changes through the bank. When using stable currency for transfer and remittance, it completely transfers from its own account book to another account book. The essence of stable currency is a kind of bookkeeping voucher
some people would say, isn't Alipay also using block chaining technology? On this basis, Alipay upgraded and upgraded the account book, which is two different schemes based on the stable currency issued by block chain technology. You see that money is transferred from a Alipay account to another Alipay account, but it is still operated in the central bank's account system.
why is stable currency the future of blockchain
at present, stable currency is mainly used to provide channels for legal currency to enter the cryptocurrency world, help currency people avoid risks in transactions, and provide payment services for blockchain application projects. Although the current digital currency market is not too optimistic, but the cryptocurrency project is in constant development. The number of stable currencies on the market has already exceeded 50, and is still on the rise. 2019 is bound to be the year of stable currency outbreak. How did stable currency break through in the wave of digital currency? Why is stable currency the future of blockchain? This involves how stable currency affects the blockchain instry
tickets for users to enter the market
after "94" in 2017, China banned the market circulation of cryptocurrency, restricted banks and other financial institutions as payment platforms or channels, and many countries also restricted the circulation of cryptocurrency. But there are still a lot of users who want to enter the market, they will choose over-the-counter trading and trade through the community. But because of the uncertainty, opacity, small scale and other problems, OTC has some trading risks. Usdt, a stable currency anchored to the US dollar at a ratio of 1:1, has become a supplementary scheme for some new funds
the insurance medium of user assets
in the weak market, the price of token fluctuates greatly, and traders do not want to take risks or leave the market. In the case that the trading platform does not support legal currency trading pairs, it is almost the only choice to use "stable currency trading pairs" to exchange for stable currency
the emergence of stable currency is the proct of a special historical stage e to the contradiction between the rapidly developing demand for token investment and the restriction of legal currency admission by regulation. The more serious the price fluctuation of mainstream currency is, the more valuable the existence of stable currency is
"trade as settlement" is an efficient payment and settlement tool
blockchain technology has great value in the field of payment and settlement. With the emergence of JPMorgan JMP, many banks around the world have begun to explore how to use blockchain technology to issue stable currency. The "stable currency" issued by these banking giants is essentially using a convenient and efficient settlement network based on blockchain technology. The more financial institutions and customer groups join the network, the greater the value of the settlement network
as JPMorgan Chase, IBM and Facebook have revealed that they want to issue currency, stable currency has once again set off an upsurge. After the strong fluctuation of usdt in the second half of 2018, it was derided as "unstable stable currency" by many people, so Pax, tusd, GUSD, etc. followed closely. Seizing the market quota of stable currency is very fierce for a time, but the fierce market competition means that there is not much space left in the market, and no matter how much stable currency there is, it seems meaningless. Then the major exchanges began to launch their own platform currency. JPMorgan Chase, IBM and Facebook also entered the market. The situation of stable currency also changed greatly. Facebook and JPMorgan have both broad user base and far-reaching economic impact, and issuing currency will certainly have inherent advantages. Beijing Digital capital technology, which is deeply engaged in the study of the significance of stable currency, has made practical application of stable currency in postal, supply chain finance, lottery and other fields. It is understood that the world's first African blockchain lottery will also be released in the near future. In this way, we can certainly expect to stabilize the currency market.

4. Digital currency refers to the digitization of money. Digitization doesn't mean scanning. This is just like digital signature. Digital signature does not mean scanning your signature into a digital image, or using the touchpad to obtain the signature, let alone your signature. Digital currency is often mistaken for virtual currency. But virtual currency refers to non real currency. For example, when you play "Three Kingdoms" (game) or "grand Voyage", you have money, and that money is virtual. Of course, the virtual money will also have its real value. For example, if you buy her / his from another player, you can get all the virtual assets of that player, and then it will be much easier for you to continue playing. Virtual money is not necessarily digital. For example, children play games with pebbles as virtual currency.

5. Now the time cycle of playing Leyte coin is long and short, and the shortest time of realm kingdom is only 30 seconds. Although the time cycle is different, there is still no change in the steps of investment. After judging the rise and fall, determine the amount of investment, and then wait for the trading results.

6.

I've got the invitation code, and I'm waiting for the project to go online in April

7. Brief introction to Malaysia's Labuan licence and its application process
lfsa (Labuan Financial Services Bureau)
established in 1996, is Malaysia's offshore financial regulatory agency, and the currency brokerage licence of (lfsa) has become a licence pursued by brokers in Asia in recent years
regulatory function
Labuan FSA's main function is to license Labuan ibfc company 156, supervise licensed entities 6991, and ensure that all entities 3780 comply with the laws and regulations of internal and other jurisdictions. Labuan FSA also formulates relevant policies and regulations to supervise Labuan ibfc orderly
regulatory objectives
to promote Fujian to become an international commercial and financial service center
Manage Labuan ibfc in order to develop national goals and policies
as a central regulatory and enforcement agency, it manages the international business and financial services instry in Fujian
The aim of ibfc is to help Malaysia become a major habitat for offshore investment. However, compared with Singapore and Hong Kong, Malaysia's investment aura is dim. Therefore, in the past two decades, the Malaysian government has shifted its focus to the development of tourism, and achieved remarkable results. More than 27 million people have traveled to Malaysia, bringing more than 72 billion ringgit of revenue. Despite being at the forefront of Islamic banking and a well regulated economy, Malaysia's offshore investment sector remains silent. It was not until the outbreak of the financial crisis in 2008 that the Malaysian government began to realize the importance of becoming an Asian investment and financial center and vigorously supporting financial services in line with global standards
despite the fierce competition in the global economic environment, ibfc has achieved great development in the past few years, and has quickly become a bridge between foreign direct investment and many Asian countries
the currency brokerage license provided by lfsa is different from other licensing licenses. This license is the only licensing license for STP only business in Asia (please refer to "one country in Asia blocks all foreign exchange brokers' websites" for details). The broker with this license can only operate order matching business, and is not allowed to be the opponent of any order

advantages of Labuan license plate
Labuan license plate in Malaysia can be operated both onshore and offshore, with free trade form. The tax rate of trading business is as low as 3%, and that of non trading business is 0. The tax rate is flexible and compliant. At the same time, starting from 2019, the onshore business transaction mode, that is, the transaction between the company and the local companies in Malaysia and the offshore business (that is, all the international trade activities of the company, the tax rate is charged at 3% of the net profit of the enterprise)
multiple entity structures can be built
application conditions
Step 1: local company formation
(1) English Name: English registration, Chinese name registration is not accepted
(2) business scope
(3) registered capital: MYR 500000
(4) ID card and passport scanning of directors and shareholders
(5) provide a local director, address and secretary
Step 2: lfsa license application process in Malaysia
1. Fill in according to the application form
(1) notarized passport copies of directors and shareholders
(2) notarized address certificate of directors and shareholders 2. KYC document application requirements
3. The above documents need to be scanned and sent for preliminary review
4. After the audit, the original will be sent by express mail
the time for the whole process is generally about 50 working days
the scope of license supervision in Malaysia includes: foreign exchange, digital currency issuance and asset management