What are the applications of digital currency

1.

Policies and regulations

2.

Anti counterfeiting, such as frog coin and Weilian the source and process of frozen food monitoring of final procts such as imported milk powder and luxury goods: red wine, bags and refrigerators, because it is impossible to cheat by writing into the blockchain Back modification is being implemented or has been implemented (only the chain's partners are very strong)

smart contract or intellectual property rights, such as publishing a song. In the blockchain, you own the song, use the smart contract to sell and protect the property rights, such as Neo and Ethereum. Game development or program development: for example, cryptokitties are free to breed and trade different kinds of cats without age or rarity (the closer the age is, the more expensive it is)

the evolutionary version of ICO IPO raised $40 billion in 2017, which is the securities of any company or indivial to support its development of e-money Platform (polymeth)

free trade of game items under development

3. One of the three conditions for large-scale implementation of blockchain applications is blockchain 3.0 technology, which can improve the performance, ease of use, operability and scalability of blockchain, and involves new technologies such as side chain, sub chain, cross chain, layering, fragmentation and zoning. According to Xiao Feng's observation, most of these technologies will mature in 2019, and the main network will go online. The launch of these new technologies is the premise of large-scale commercial application of blockchain. So from a technical point of view, after 2019, the large-scale commercial application of blockchain can be expected
the second is that only mature technology is not enough. In order to realize a large number of DAPP and commercial applications on the blockchain, we must be prepared on one hand: that is, the digital currency that can be used as payment tool, exchange medium, value measure and value storage. Xiao Feng said that everyone thinks that bitcoin is a payment system, but the real bitcoin can not meet our demand for payment because its currency value fluctuates too much
for example, he said that a mall sold a bottle of water and accepted bitcoin payment. When he got up the next morning, he found that 20% of the value was gone. So it can't be accepted. After the Japanese parliament made it clear that bitcoin could be used as a payment tool, some Japanese businesses announced that they would accept bitcoin payment. But later found that it caused a lot of trouble for the stability of the company's balance sheet. Your balance sheet is unstable, up or down. This not only affects the value of the things sold, but also affects the credit evaluation of enterprises and the services provided by banks to companies
the third condition is the construction of laws and regulations and supervision system. The digital economy on the blockchain must obtain legal protection and comply with the law. Xiao Feng stressed that there can be no decentralization in this regard
the differences between blockchain and Internet are discussed. He believes that the core difference between the two is that the Internet is a centralized trust mechanism, while the blockchain is a decentralized trust mechanism, and there is no need to trust a third party
the second core difference between the Internet and blockchain is the incentive mechanism, not the digital currency or the ability to issue currency. Economics has been discussing incentive incompatibility. Under the company system and on the Internet, the incompatibility of incentive mechanism has not been solved. However, in the decentralized blockchain, the blockchain achieves complete incentive compatibility. Without shareholders, board of directors and employees, the conflicts of interest between these roles will not happen again.

4. Digyi mining, they provide one-stop service of digital currency trading

5. You're talking about gold miners

there are 56 gold fishing games in 973.

6. What do you mean? Which country's policy is this? I don't understand. Anyway, China doesn't have this policy. There is no legal digital currency. This concept hasn't appeared in China. Sometimes other countries don't know.

7. Digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form

warm tips: this information does not constitute any investment proposal, investors should not use this information to replace their independent judgment or make decisions only based on this information, and does not constitute any trading operation
before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
there are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
response time: November 25, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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